Fairway President Steve Jacobson recently addressed the Dallas Association of Mortgage Brokers! He attended the meeting with Laurel Meyer, SVP and Cindy Porterfield, AVP Warehouse Lending.

Cindy, Steve and Laurel

 

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NEW!! Fairway's own Amy Tierce was just featured in Banker and Tradesman magazine!
Click Here to read the article!

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Great News! Fairway Independent Mortgage is ranked number 4 in the country - in the April 2006,
issue of Broker Magazine!

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Mimi Kelly was featured in the April issue of 'Mortgage Originator' magazine! Click Here to read the article.

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The entire article may be viewed at http://www.bankerandtradesman.com (then choose article)

September 26, 2005
By Jennifer Jope

The end of September means two things in New England: the beginning of fall and an annual gathering of mortgage bankers in Providence, R.I. While the leaves haven't yet changed, the air is getting crisper and last week almost 3,000 mortgage professionals and 265 exhibitors attended the 18th annual New England Mortgage Banking Conference. Held at the Rhode Island Convention Center in downtown Providence, NEMBC offered industry-related conferences with an aggressive educational and network agenda. Conferees included representatives from banks, independent mortgage companies, credit unions and titles companies. "This year we celebrate our 18th NEMBC . and it looks as though we are all grown up," Kathleen Schreck, MMBA chairwoman, said of the conference. "Given the current unpredictable interest-rate environment, most professionals who work on residential loans have been working 70-hour weeks to service their many clients. So we'll offer all of our industry's attendees the appropriate menu for them to relax and discover new educational and networking opportunities for future business growth." (see online article for added text).

Moderated by Charlie Nilsen, New England regional manager for JPMorgan Chase in Braintree, the session included insight from Dean Caso, president of Needham-based Homevest Mortgage; Steven Jacobson, co-founder of Fairway Independent Mortgage in Texas and Wisconsin; and Saber Salam, senior vice president of the mortgage banking division at Boston-based Eastern Bank.

Jacobson of Fairway Independent Mortgage also supports the team concept.
Each branch in his company has a team of four. If a loan file needs to be completed, the entire team is e-mailed and coordinated work can begin in unison. While most companies have found ways to generate more business and revenue, even during slow times, tackling expenses may be more challenging.

When the industry experiences a slow period, Jacobson said he actually invests more money into his employees with coaching and training to keep them inspired. "We spend money making sure we invest in people," said Jacobson.

For most companies, benefit packages are a "huge" expense item, Caso said. But it is an important element in finding and keeping talented employees. "It's an important aspect of recruitment," Caso said. .... (see online article for more text).

Some of the other highlights of the conference included a panel of state regulators. Regulators from each of the New England states updated attendees on the latest regulatory and legislative changes that will affect the mortgage industry overall and specifically in New England states
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"Fairway contributes to UW Madison School of Business - MBA Global Adventure in Entrepreneurship, 2005"
Click Here to view "Letter from UW Madison Entrepeneurship Fellowship participants " ; Click Here to view "Global Adventure in Entrepreneurship, A Passage to India"
"April 2005 letter from the UW Madison to Fairway accompanied a plaque with the picture of this year's scholarship recipient."

"Low online rates can come with problems"
Click Here to view the article*
* January 23, 2005, Wisconsin State Journal™

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Fairway Employee Receives Award!

Karen Wampler of Baraboo, Wisconsin Receives "Silver Level Million Dollar Lender Award"
NEWS RELEASE
United States Department of Agriculture • Rural Development
4949 Kirschling Court • Stevens Point, WI 54981
Phone: (715) 345-7600 • Fax: (715) 345-7669 • Web: http://www.rurdev.usda.gov/wi - JULIE GIESE (608) 742-5361, ext. 4

- - - IMMEDIATE RELEASE - - -

USDA RURAL DEVELOPMENT ACKNOWLEDGES
KAREN WAMPLER

SPRING GREEN, WI - - MARCH 2, 2005 - - - - The United States Department of Agriculture (USDA) Rural Development presented their Silver Level Million Dollar Lender Award to Karen Wampler of Fairway Independent Mortgage Corporation.

The Silver Level Million Dollar Lender Award recognizes lenders who have played a significant role in the success of Rural Development’s Guaranteed Rural Housing (GRH) program in Wisconsin. Awardees have utilized in excess of $1 Million of GRH program funds during each of the two-years of the award period, in financing home purchases for local residents.

Representatives from USDA Rural Development presented the award to Karen Wampler, Mortgage Consultant for Fairway Independent Mortgage Corporation, at a recognition ceremony that took place at the Round Barn Restaurant and Lodge in Spring Green.

“Rural Development and numerous lenders across the State are committed to providing the financial resources to assist rural Wisconsin families obtain homeownership,” said USDA Rural Development Wisconsin State Director, Frank Frassetto. “Partnering together is a great way to leverage our resources to meet the challenges put forth by the Bush Administration to increase homeownership in rural America and improve the quality of life for many rural Wisconsinites. We value our partnership with Ms. Wampler and Fairway Independent Mortgage Corporation”, he added.

“Today, we acknowledge not only their contribution to our success, but also honor their commitment to the residents of their community, in providing the affordable homeownership opportunities created through the GRH program.”

In FY 2004, $105 million in GRH funds assisting nearly 1,057 WI families become homeowners who might not otherwise have had the opportunity. This is an increase in GRH funding from the previous fiscal year at $103 million. With over $3 billion available nation wide, expectations are that Rural Development and its approved lenders will again exceed their outstanding performance of the previous year here in Wisconsin.

USDA Rural Development’s mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents and serves as the lead Federal entity for rural development needs administering over $428 million dollars annually throughout rural Wisconsin. As a venture capital entity, Rural Development provides equity, liquidity and technical assistance to finance and foster growth in homeownership, business development, critical community facilities, infrastructure needs. Further information on Rural Development programs is available at a local USDA Rural Development office or by visiting USDA’s web site at http://www.rurdev.usda.gov/wi, or telephone 1-866-GRH-3600.

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Fairway Branch Manager Eric Zanotelli Fulfills a Dream, Hosting His Own Radio Show!
Click Here to view the article*
* January, 2005, Stillwater NewsPress™

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