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Dec 27, 2006

LIME acquires Meritage Mortgage personnelMortgagePress.comCorrespondent mortgage lending LIME Financial Services Ltd. has reached an agreement to acquire the sales staff and a commensurate portion of the operations staff of Meritage Mortgage Corporation. NetBank, the parent company of Meritage, is exiting the nonprime residential lending sector. "This arrangement with NetBank allows us to capitalize on the most important of the Meritage assets—its people," said LIME CEO Zan Hamilton. "We are offering employment to Meritage account executives (AEs) and will hire operations personnel to support those AEs." Lake Oswego, Ore.-based LIME Financial Services Ltd. is a wholesale nonprime residential lender. For more information, call (877) 270-3838 or visit www.limefinancial.com. NetBank subsidiary Meritage Mortgage Corporation is a nonprime mortgage lender with offices in Jacksonville, Fla. and Beaverton, Ore. For more information, call (800) 257-6040 or visit www.meritage.com.

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Dec 27, 2006

People On The Move

Supreme Lending Lures Another Movement Mortgage Pro Into The Fold

‘Something just felt different’ at Supreme, says new Regional Manager Michael Nasserfar, who’ll expand company’s builder-focused efforts

Dallas-headquartered national mortgage lender, Supreme Lending, has brought mortgage industry veteran and top-producing LO, Michael Nasserfar, into its ranks as a regional manager, with a specialized focus on builder partnerships and new construction development. “With ov...