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Frost Mortgage Banking Group partners with Primary Residential Mortgage Inc.MortgagePress.comborrower relationships, support services, retail operation services
Frost Mortgage Banking Group has entered into an arrangement to
operate as a division of Primary Residential Mortgage Inc. (PRMI).
Frost Mortgage Banking Group currently employs 27 mortgage
professionals and operates offices in New Mexico, Arizona and
Utah.
"We're excited to welcome Frost Mortgage to the PRMI family,"
says Dave Zitting, president and CEO of PRMI. "We look forward to
an extended and mutually beneficial partnership."
"We're confident that Primary Residential Mortgage will help us
reach our goals," says Greg Frost, who manages Frost Mortgage
Banking Group. "By allowing them to handle our back office needs,
we can continue doing what we do best•originating
mortgages."
The arrangement allows Frost Mortgage to focus on borrower
relationships while PRMI provides a platform of financial and
operational support. In the agreement, Frost Mortgage will have
access to PRMI's support services (accounting, branch
relations/training, compliance/licensing, human resources,
information technology, marketing and quality control) and retail
operation services (secondary marketing, underwriting/risk
management, escrow, investor relations/purchasing and document
control).
For more information, visit www.primeres.com or www.frostmortgage.com.
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