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Metrocities Mortgage Wins ``Most Innovative Mortgage Company'' Award.


SHERMAN OAKS, Calif. -- Metrocities Mortgage, a leader in the national residential mortgage lending market, has been named the "Most Innovative Mortgage Company" for 2005 through the Inman Innovator Awards competition. The prestigious award recognizes the company's use of technology and innovation to enhance the real estate transaction for consumers and real estate professionals.

"We are very honored to receive this important accolade," explained Metrocities 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.  Paul Wylie Paul Stanton Wylie (born October 24, 1964) is an American figure skater and 1992 Olympic silver medalist. Biography
Born in Dallas, Texas, Wylie began skating at the age of three.
. "The real winners, however, are both our clients and business partners who benefit from Metrocities' 'one-stop' shopping business model, proprietary loan search engine technology and Heroic Customer Service(SM) Guarantee.

"This award represents what we can accomplish with vision, teamwork and dedication," he added.

Metrocities has built a successful platform upon the cornerstone of its business model -- Affiliated Business Arrangements (ABAs) -- in which the company forms strategic alliances with partnering members such as real estate agencies, builders and financial firms to provide the "one-stop" shopping experience preferred by real estate customers. In addition to the company's recent national expansion efforts, Metrocities launched a business-to-business website (www.metrocitiesaba.com) in 2004 dedicated to providing robust information about its joint venture program. The company also updated its consumer site (www.metrocitiesmtg.com) with an emphasis on providing Heroic Customer Service(SM) and access to over 7,000 loan programs.

The Inman Innovator Awards is an annual competition conducted by Inman News, the nation's leading independent real estate news service and content provider. The Innovator awards, which were presented at an event on July 27, honor cutting-edge technology, business models and pioneers in online real estate, brokerage and mortgages. Runners-up in the "Most Innovative Mortgage Company" category included: 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.
, Countrywide coun·try·wide  
adv. & adj.
Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search.

Adj. 1.
, DiTech, First Metropolitan Mortgage and Wachovia.

About Metrocities Mortgage

Established in 1989, Metrocities Mortgage is ranked in the top 1 percent of residential mortgage lenders nationwide for closed loan volume, closing over $6.3 billion(a) in 2004. Headquartered in Sherman Oaks, California, Metrocities Mortgage has become a leading nationwide lender based on unique loan programs and successful joint ventures (affiliated business arrangements) with key real estate companies, credit unions, financial advisor/business management companies, builders and other affinity groups A special interest group. This is a marketing term for a group of people with similar interests. . Loan Officers have access to over 7,000 loan programs and proprietary search engine technology enabling them to find the best loan products for their clients. As America's Best Relationship Lender(SM), Metrocities Mortgage is renowned for its in-house lending expertise, wide selection of loan programs and Heroic Customer Service(SM). For additional information, please call (800) 215-7138, or visit us online at www.metrocitiesmtg.com.

(a) Includes Metrocities' family of companies.

About Inman News

Inman News (www.inman.com) is the nation's leading independent real estate news service and content provider to 250+ U.S. newspapers and 50,000 Web sites, reaching millions of consumers each day through clients and partners such as The Los Angeles Times Los Angeles Times

Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name).
, Miami Herald, Washington Post, Denver Post, San Francisco Chronicle The San Francisco Chronicle was founded in 1865 as The Daily Dramatic Chronicle by teenage brothers Charles de Young and Michael H. de Young.[2] The paper grew along with San Francisco to become the largest circulation newspaper on the West Coast of the , Chicago Tribune Chicago Tribune

Daily newspaper published in Chicago. The Tribune is one of the leading U.S. newspapers and long has been the dominant voice of the Midwest. Founded in 1847, it was bought in 1855 by six partners, including Joseph Medill (1823–99), who made the paper
, Yahoo!, Microsoft, Google, The Wall Street Journal Online and CBS (Cell Broadcast Service) See cell broadcast.  Marketwatch. Inman News also offers information-based products and services for the real estate professional and consumer, including Inman News Membership, Digital Media and News content for the Web and Special Reports. Readership read·er·ship  
n.
1. The readers of a publication considered as a group.

2. Chiefly British The office of a reader at a university.
 of www.inman.com now averages 5.5 million page views per month and includes real estate's top brokers, agents, opinion leaders and decision makers. The company headquarters are located in Emeryville, California Emeryville is a small city located in Alameda County, California , in the United States. It is located in a corridor between the cities of Berkeley and Oakland, extending to the shore of San Francisco Bay. .
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 4, 2005
Words:560
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