Skip to main content

Mortgage Lender Residential Finance Corporation named as finalist in American Business Awards

NationalMortgageProfessional.com
Jun 12, 2009

Residential Finance Corporation (RFC), a nationwide mortgage lender specializing in refinance, has been named as a finalist for this year’s Stevie Award for Sales Department of the Year in the 2009 American Business Awards. The Stevie Awards were created to honor and generate public recognition of the achievements and positive contributions of organizations and business people worldwide. RFC President Michael Isaacs says, “We are honored that the Residential Finance sales team was selected as a Stevie Award finalist for Sales Department of the Year in the American Business Awards, an achievement that designates them as one of the nation’s best.” During 2008, while the mortgage industry foundered, RFC appointed veteran sales leader Obiora Egbuna as VP of sales, doubled sales capacity in its Tampa location, and more than doubled marketing and training expenditures. RFC bolstered in-house training and added quarterly sessions with mortgage industry author, consultant and trainer, Dale Vermillion. Egbuna achieved major gains during his first four months on the job, with sales productivity increasing 52-percent, and revenue-per-agent 21-percent. Enhanced training and decisive leadership helped boost sales-per-agent productivity by 51-percent, and revenue-per-agent by 38 percent. Overall, RFC experienced impressive and consistent gains in results for eight straight months. Isaacs adds, “The combination of dynamic sales leadership and ongoing training has given our dedicated sales team the sales skills and industry expertise to help RFC borrowers reach beyond simple mortgage refinancing by providing options that can give them real financial freedom by reducing rates and payments, shortening mortgage terms, gaining tax reduction strategies and finding additional ways to save money. As a result, many of our sales team members have achieved noteworthy performance increases over the past year. One sales agent, Erika Butler, was recognized amongst thousands from LendingTree’s network of lenders to win the Spirit of LendingTree Award, the highest honor that LendingTree gives to a single individual for their overall achievements.”   For more information, visit www.residentialfinance.com.
Published
Jun 12, 2009
Home Partners Of America Launches Choice Lease Program

Home Partners of America launched its Choice Lease program aimed at addressing the affordable housing crisis and mortgage access challenges, that are faced by low-to-moderate-income families and underrepresented communities.

Industry News
Jan 17, 2022
KBRA Assigns Preliminary Ratings To OBX 2022-NQM1 Trust

Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from OBX 2022-NQM1 Trust, a $556.7 million non-prime RMBS transaction.

Non-QM
Jan 17, 2022
Zillow: Black Mortgage Applicants Denied 84% More Often Than White

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

Analysis and Data
Jan 13, 2022
Mortgage Economic Review January 2022

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.

Analysis and Data
Jan 13, 2022
Fairway Independent Mortgage Corp. Puts Employees' Health First

Fairway Independent Mortgage continues to allow its employees to choose whether to return to the office or not.

Industry News
Jan 12, 2022
First American Agrees To Acquire Mother Lode Holding Co.

Acquisition would expand First American’s footprint in 11 states

Industry News
Jan 12, 2022