First Houston announces Cascade Mortgage as new affiliateMortgagePress.comFirst Houston, Cascade Mortgage
First Houston Mortgage, a mortgage banking firm licensed in 20
states that offers expertise in every aspect of the residential
mortgage lending process, has announced that Cascade Mortgage, a
Vancouver, Wash.-based mortgage lending and financial services
firm, joined First Houston's network of affiliated offices.
As an extension of First Houston, Cascade is able to integrate
First Houston's suite of products, services and technology into
it's own business practices. These services include a unified
paperless lending platform; complete in-house underwriting system;
electronic signature capability; competitive rates and a paperless
file management system. Cascade Mortgage also gains access to First
Houston's offshore operations facility in India for loan processing
assistance.
"Our union with First Houston yields cost and time savings that
can be leveraged into a competitive advantage for Cascade
Mortgage," said Rod Mastrud, regional division manager of Cascade
Mortgage. "With the extensive back-office support provided by First
Houstons headquarters in Houston, we can now focus entirely on
originating new loans and better serving our customers."
First Houston began growing its affiliated network of branches
in 2006 and now has 25 branches nationwide with more than 250
employees.
"Our affiliated branch division is one of the innovative ways
First Houston has been able to prosper, even as the mortgage
industry went into a slump," said David Zugheri, president of First
Houston. "We offer our branches an opportunity to be part of a new
era of next-generation lenders who collectively share the same core
values and business processes that are rapidly becoming essential
to all organizations in the industry."
For more information, visit www.firsthouston.com.
