Equifax launches mortgage risk evaluation tool for secondary and capital markets analysis
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.