CFI Mortgage, Inc. Subsidiary Hires Six Loan Officers to Expand Its Marketing in Five Midwestern States.Business Editors CLEARWATER, Fla.--(BUSINESS WIRE)--July 11, 2001 CFI CFI abbr. cost, freight, and insurance Mortgage, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CFIM CFIM Center for Integrative Medicine (New Hampshire) CFIM Chloroform Fumigation Incubation Method ) announced today that its subsidiary First United MortgageBanc, Inc. (FUMB) has hired six loan officers servicing a five state area consisting of Michigan, Wisconsin, Illinois, Indiana and Ohio. These six loan officers, who will report to Ken Reilly, National Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , have a proven track record and established wholesale and retail mortgage relationships. Their cumulative production is in excess of $100 million per year. Robert Scarpetta, President of FUMB, said, "We are very happy to welcome these six mortgage veterans to the FUMB team. I know Ken will be extremely successful in expanding the Midwest region with the help of these proven industry leaders." Stephen E. Williams, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CFI said, "Bob Scarpetta is building FUMB in all areas. He has made significant strides in developing the processing department and is now directing his attention to loan origination 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. . As we continue to expand, proven producers, such as the six new members of the FUMB team will greatly enhance our growth." CFI provides mortgage services through a large network of mortgage brokers and financial professionals. The CFI's goal, through acquisition and internal growth, is to be a diversified leader creating custom software that provides technology-based business solutions for the national and international marketplace, as well as a leader in the mortgage industry. For more information on CFIM please visit the Company web site at http://www.cfiinc.com or that of Responsive Research at http://www.responsiveresearch.com where you can subscribe, free of charge, to its mailing list An automated e-mail system on the Internet, which is maintained by subject matter. There are thousands of such lists that reach millions of individuals and businesses. New users generally subscribe by sending an e-mail with the word "subscribe" in it and subsequently receive all new for press releases, investor updates and market letters, which will keep you apprised of all late breaking CFIM news. This release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. |
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