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Mortgagebrokers.com Recruits Additional Mortgage Origination Professionals, Expanding Network throughout Canada
Monday October 15, 2007 - 08:00 AM EDT Released By MortgageBrokers.com Inc.
TORONTO, Oct. 15 /PRNewswire-FirstCall/ - MortgageBrokers.com Financial Group of Companies Inc., a subsidiary of MortgageBrokers.com Holdings Inc. (OTCBB:MBKR), announced that it has signed agreements with an additional mortgage and loan professionals, representing the potential of over $400 million in supplemental mortgage originations. The Company now has additional or new representation in Province of Alberta, Ontario, Atlantic Canada and in cities such as Toronto, Calgary, Mississauga, Ottawa, Windsor, Kitchener, London, Stanley, Kettleby and Seaforth. Voula Delinis-Rizakos, Giacomo (Jack) Fiorillo,, John (chi sam) Phung, Serhad Caner, Kitty Cheong, Hong Chi Chang, Mina Eslah, Kok Yew (William) Chong, Joyce (Qing) Li , Yuan (Chriss) Liang, Julie-Ann Salena Nasiri, Wendy Goodsir, Darryl Brigham, Albert Batuyong, Brenda Bowen are the latest additions to MortgageBrokers.com fast growing national Sales Force. Alex Haditaghi, CEO of Mortgagebrokers.com commented: "As we have previously stated, our objective is to have a minimum of 400 mortgage brokers representing the Mortgagebrokers.com flagship by year end 2007. With the addition of these Mortgage professionals, we clearly are well on our way to achieving that goal." ABOUT MORTGAGEBROKERS.COM MortgageBrokers.com is a mortgage brand and technology firm. The Company is dedicated to re-branding the over 40,000 small and medium mortgage broker (SME) firms in North America while providing these entities scalability through a centralized shared services platform. MortgageBrokers.com is designed to facilitate continued ownership for these SME brokers while they work under the umbrella of one globally recognized brand. The Company provides centralized services in the areas of payroll and accounting, compliance, marketing, technology, HR and lead generation to afford its brokers improved access to potential customers through strategic alliances and partnerships. MortgageBrokers.com also provides its national team the opportunity to leverage origination with lending institutions, establish higher referral fees from lenders, and give its team members the ability to earn ownership in a publicly-traded entity with the goal of an eventual career exit strategy. Unlike the US mortgage market which is facing challenges on several fronts, Mortgagebrokers.com has no exposure to the sub-prime markets as they do not underwrite, service or fund any type of mortgage, rather they facilitate and coordinate residential transactions between buyers and lenders. Cautionary Note Regarding Forward-Looking Statements Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as 'Forward-Looking Statements' for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be identified by words including 'anticipate,' 'await,' 'envision,' 'foresee,' 'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,' 'expects' and 'projects' including without limitation, those relating to the company's future business prospects, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward-Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations. www.sec.gov. CONTACT: Mr. Jody Janson, Ph: (585) 232-5440 Source: MortgageBrokers.com Inc. Related Stocks:
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