Advantage Credit Co-Sponsors OriginatorPro Mortgage School.Business Editors/Technology Writers NAMB NAMB North American Mission Board NAMB National Association of Mortgage Brokers NAMB National Association of Master Bakers 2002 CLEVELAND--(BUSINESS WIRE)--June 17, 2002 Advantage Credit announced today its co-sponsorship of the OriginatorPro Mortgage School -- a program that trains loan officers and operations personnel in the mortgage origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real business around the U.S. The program provides an intensive, 3-day course that starts with the basics of the origination process, including credit report review, qualifying borrowers, developing a client list, and available loan programs. It then takes participants through a more thorough understanding of real estate finance techniques, with tutoring on subjects ranging from secondary markets and FHA See Federal Housing Administration. FHA See Federal Housing Administration (FHA). processes to refinancing Refinancing An extension and/or increase in amount of existing debt. methods. Advantage Credit, as a co-sponsor of the school, provides materials, financial support and instructions on using its leading web credit reporting system, Online Services, or its dial-up software credit system, WinACI, including sample credit reports and free access to Advantage Credit's demonstration accounts for hands-on learning. "We are pleased to be benchmarking how a credit reporting vendor should perform with the school's students," said Julie Jordan, V.P. of Marketing for Advantage Credit. "Not only can we help train new brokers through a quality program, but we can train these brokers about what their minimum expectations should be in the credit reporting arena in terms of speed, ease and readable read·a·ble adj. 1. Easily read; legible: a readable typeface. 2. Pleasurable or interesting to read: a readable story. report formats," she concluded. "Advantage Credit adds a high quality component to our program," said Dave Hershman, Lead Instructor for the OriginatorPro school, and also a renowned industry speaker and writer with six published texts and a columnist columnist, the writer of an essay appearing regularly in a newspaper or periodical, usually under a constant heading. Although originally humorous, the column in many cases has supplanted the editorial for authoritative opinions on world problems. for the Mortgage Press. "Credit reporting is a very key element of the loan process, so we recommend Advantage to our students because of their solid system and service," he continued. About Advantage Credit Founded in 1991, Advantage Credit is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Advantage Plaza, Inc., and a 3-time Inc. 500 winner located in Pensacola, Florida
For more information, contact Advantage Credit at (800) 600-2510, or email info@advantagecredit.com, or visit http://www.advantagecredit.com. |
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