Byte Software creates SQL Server-based version of BytePro

Byte Software creates SQL Server-based version of BytePro

June 27, 2006

1st Metropolitan experiences growthMortgagePress.comWholesale lenders, 1st Metropolitan Mortgage
Over the past two years, 1st Metropolitan Mortgage has achieved
record company growth, including significantly increasing loan
volume, opening 45 new retail branches, transitioning 48 retail
branches acquired from Olympia Funding, designing a proprietary
branch networking system (Empire Data Access Center), updating the
company's intranet (MetroNet) and launching a new consumer Web
site.
"Our loan volume increased from $2.8 billion in 2004 to $4
billion in 2005, which is a 43 percent jump in just one year," said
Daniel Jacobs, CEO of 1st Metropolitan. "Existing branch
originations alone were up 19 percent in 2005, compared to 2004. We
remain optimistic about the market, and we expect our loan volumes
to remain stable in 2006. We attribute this consistency to our
strong branch development efforts, which have continued to fuel our
growth despite industry-wide predictions of lower overall
production in 2006."
1st Metropolitan Mortgage, a subsidiary of Empire Equity Group,
is a national mortgage brokerage based in Charlotte, N.C. For more
information, call (800) 772-2880 or visit www.1stmet.com.

Technology

Subscribe to the nmp Daily

Subscribe to the nmp Daily