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Mortgage research center gives to united way/military.

Mortgage Research Center (MRC), a company that specializes in government-backed financing, can be counted on to make a substantial contribution to the community. For example, the Columbia, Mo.-based company raised $100,000 for its local United Way last year. This is in addition to MRC's annual donations to a variety of military causes.

"MRC has always been a charitable company, with our primary focus on supporting multiple military organizations," said Nate Long, MRC's CEO. "This year, however, we wanted to concentrate on our immediate community and see our money at work; partnering with the Heart of Missouri United Way made perfect sense. Not once has MRC set goals or standards for corporate giving, but when there is a need, we see an opportunity to let our employees respond."

After just a few hours of announcing MRC's decision to help Heart of Missouri United Way, employees already had pledged approximately $30,000. The total donations for the year exceeded $47,000, of which the company matched to reach $100,000.

"The success of this fundraising reflects the character of our employees," Long continued. "We held no special events or projects; the money came straight from their donations. It is just a great feeling when you have something to give to someone else who is in need."

While VA lending is part of MRC's business, caring for military families goes beyond just getting them in a home. In addition to the company's United Way giving, other funds were donated to the Paralyzed Veterans of America, an organization that works to maximize the quality of life for those with spinal cord injury or dysfunction, and to the National Coalition for Homeless Veterans, a nonprofit devoted to end homelessness for those who have returned from war.

MRC also rewards five $1,500 scholarships to college students every semester. Students who serve in the military or are children of those who have served are eligible to apply.

(MRC, a member of the Lenders One Mortgage Cooperative, operates branches throughout the country.)
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Title Annotation:Giving Back
Publication:Mortgage Originator
Date:Mar 1, 2009
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