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ADDING MULTIMEDIA BNY Mortgage Expands Western Operations.


RENTON, Wash. -- BNY BNY Bank of New York  Mortgage, An EverBank Company, has relocated its Western Regional Operating Center to Renton, Wash., in order to accommodate the growing needs of its clients and staff in the area. BNY Mortgage is now located at 1601 East Valley Road, Suite 180, in Renton.

"The reverse mortgage industry is exploding with growth, driven by older Americans seeking a greater sense of financial well-being and peace of mind, as well as traditional mortgage lenders looking to build their expertise in the reverse mortgage space," said Sarah Hulbert, senior vice president, BNY Mortgage. "We now have the capacity and staff in place to meet growing client demand, while providing our clients with the level of service they deserve."

Hulbert is a member of the BNYMC Executive Management Team and leads the BNY Mortgage Western Regional Operating Center. She has over 15 years of industry experience establishing and growing successful reverse mortgage operations. Most recently, she served as senior vice president and national director of reverse mortgages for Seattle Mortgage Company, which was recently purchased by Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
. Prior to that, she oversaw reverse mortgage operations for Unity Mortgage. Hulbert is a renowned speaker and published author, and has served multiple roles with the National Reverse Mortgage Lenders Association where she currently acts as chairwoman ex-officio.

The new Renton location is a state-of-the-art facility, featuring VoIP technology, a Web-based interactive tool for partners, as well as video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
 capabilities and training facilities. The BNY Mortgage Western Regional Operating Center serves the company's clients (reverse mortgage borrowers, wholesale lenders and retail operations) based on the West Coast; however, the location is also staffed to accommodate East Coast business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a .

BNY Mortgage anticipates that the number of older Americans securing reverse mortgages will increase by 50 percent this year. With its staff of industry leaders and their cumulative knowledge and expertise in retail, wholesale, correspondent, and private label reverse mortgage services, the company is poised to lead the U.S. reverse mortgage business. Already, the team at BNY Mortgage has brought more reverse mortgage products to market than what's been introduced in the last 17 years.

About BNY Mortgage

BNY Mortgage Company LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 is headquartered in Newburgh, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, and operates regionally as an originator and servicer of reverse mortgage loans. BNY Mortgage Company LLC is an Equal Housing Lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status.  and is located at 1455 Broad Street, Floor 2, Bloomfield, New Jersey 07003, (973) 771-2300 or 800-269-6797.

About EverBank

EverBank is a private financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 holding company headquartered in Jacksonville, Florida. With approximately $4.7 billion in assets, 1,500 employees, and over 400,000 customers nationwide, EverBank is one of the industry's fastest growing, high performing financial service firms.

EverBank provides national banking and lending products directly to consumers and through a variety of business partners. EverBank has received numerous awards including Forbes and Online Banking Report's "Best of the Web", Kiplinger's Personal Finance Kiplinger's Personal Finance (KIP-lin-jerz) is a magazine that has been continuously published, on a monthly basis, from 1947 to the present day. It was the nation's first personal finance magazine, and prides itself on delivering "sound, unbiased advice in clear,  magazine's "Best Checking Account" as well as other servicing, banking, and technology honors.

EverBank, the EverBank Infinity Sphere and the EverBank logo are proprietary service marks of EverBank; all rights reserved. EverBank is an Equal Housing Lender. Member FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
.
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Publication:Business Wire
Date:Aug 2, 2007
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