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2/10/2006
MILA, INC. WINS BETTER BUSINESS BUREAU AWARD
E-commerce wholesale mortgage lender honored with Most Innovative Business Practice Award

MOUNTLAKE TERRACE, Wash. – February 10, 2006 – Today MILA Inc., a leading e-commerce wholesale lender based in Mountlake Terrace, Washington, was recognized at the Better Business Bureau’s 2005 Business Award Ceremony with the Innovative Business Practice award for large businesses. This is the second year in a row MILA has been recognized by the Better Business Bureau, having won the Customer Service award in 2004.

“This award is a testament to the culture of forward-thinking we have at MILA with people who work hard to always see beyond the status quo to deliver superior results for our customers,” explained Layne Sapp, MILA’s founder and CEO. “Accepting this award on their behalf in front of the regions’ top businesses was a milestone moment for our company.”

The Mountlake Terrace e-commerce lender is on the cutting edge of innovative technology, delivering closed loans in hours and days, not weeks and months. It’s proprietary loan management and decisioning tool, AccessPoint, has been central to the company’s recent growth of more than 800 percent. With 46,000-plus brokers across the nation using the lender’s unique tool to not just originate loans but manage their business, MILA is pioneering a new future for the mortgage industry.

“I’ve been in this business since I received my Real Estate license at the age of 18,” Sapp continued, “the kind of innovation we’re seeing today at MILA may very well do to the mortgage industry what online travel did to the travel industry; empowering brokers and borrowers to own more of the loan process.”

The Better Business Bureau’s Business of the Year category awards go to one large and one small business with the highest scores in either Customer Service, Community Involvement or Innovative Business Practices. This is the second year in a row MILA has been honored at the annual ceremony, having won the Customer Service award previously.

About MILA, Inc.

MILA, Inc. is one of the fastest-growing e-commerce mortgage solution providers in the nation currently serving the wholesale residential market in 26 states with a broad range of mortgage lending products. Financial strength, management stability, and proprietary, cutting-edge technology give MILA the ability to meet the challenges of the ever-changing mortgage lending market and to anticipate market trends. For more information visit www.mila.com.

About the BBB serving Alaska, Oregon and Western Washington

The Better Business Bureau is a not-for-profit organization funded by BBB member companies. The mission of the BBB is to promote the highest ethical marketplace relationship between businesses and consumers through self-regulation, education and information. For more information about the services and products provided by the BBB, call 206-431-2222 in Washington, 503-226-3981 in Oregon or 907-562-0704 in Alaska, or visit our Web site at www.thebbb.org.


Contact: Heidi Happonen
heidi.happonen@mila.com
425-563-1514


 






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