Effective immediately, Real Estate Mortgage Network Inc. (REMN) has changed its name to HomeBridge Financial Services Inc. As one of the nation’s largest privately held, non-bank lenders, the company’s new name reflects its focus on making the home mortgage process easier for customers.
“The decision to change our name from REMN to HomeBridge was based on many months of research and careful consideration,” said Peter Norden, chief executive officer of HomeBridge. “We believe it is a smart move, particularly for our retail mortgage segment, because it directly correlates to what we do for home buyers, home owners and housing industry professionals—we provide a bridge to fulfilling the American dream of home ownership. We also believe the HomeBridge name will help us continue to grow as more customers realize that one easy name represents exceptional service, fiscal strength and uncompromising integrity.”
HomeBridge has grown significantly since its founding in 1989 and is currently made up of nearly 1,300 associates, more than 70 retail branches from coast to coast, two separate wholesale operations and a rapidly developing correspondent division. In addition, the company is an approved GNMA and FNMA seller servicer and services approximately 40,000 loans today.
In the fall of 2012, the company launched its correspondent division, HomeBridge Funding, and a second wholesale division, HomeBridge Wholesale, as separate business units under the REMN umbrella. Moving forward, these two divisions will maintain their existing names as divisions of HomeBridge Financial Services, Inc. Due to the unique nature of its business and existing client base, the company’s original wholesale division, REMN Wholesale, will not be changing its name.
To support awareness of the HomeBridge name, ads will appear in national trade publications and more than 100 regional media outlets in key markets.
“As HomeBridge, we will continue to offer the flexibility and personal approach of a small business combined with the security of a large, financially stable corporation,” said Norden. “We take great pride in being known for our dedication to customer service. Our focus on delivering a positive experience, instead of merely completing a transaction, will remain unchanged.”