Newsroom

3/19/2004
MILA, INC. ANNOUNCES PLATINUM PARTNERSHIP OF NATIONAL ASSOCIATION OF MORTGAGE BROKERS (NAMB)

MOUNTLAKE TERRRACE, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced its 2004 Platinum Partnership with the National Association of Mortgage Brokers (NAMB). The NAMB provides education, certification and governmental affairs representation for the mortgage broker industry, which originates two of every three residential loans in the United States.

As one of six 2004 Industry Platinum Partners, MILA’s first activity in support of the NAMB will be to exhibit at the NAMB 2004 show on June 5-8, 2004 in Salt Lake City, UT. Located at booth number 827, MILA’s top sales representatives will be ready to help attendees create free account profiles, business plans and live loans with commitments with conditions in seconds. MILA representatives will also be available to demonstrate two technologies; AccessPoint, MILA’s online loan management system, and DecisionPoint, MILA’s instant automated underwriting system. Lastly, Layne Sapp, MILA CEO will give an Industry Partner Presentation titled, "Unifying the Mortgage Process ... Unifying the Mortgage Industry" on Sunday, June 6 from 11:30 a.m.-1:00 p.m.

MILA offers a broad range of alternative mortgage-lending products in 26 states and is one of the fastest growing mortgage lenders in the nation. In addition to helping brokers manage their loans, MILA’s technology provides brokers with a fast, consistent loan experience every time.

“MILA’s decision to participate as a NAMB Platinum Partner is a natural progression that represents our dedication to continue to build the wholesale residential mortgage business,” said Layne Sapp, MILA CEO. “At MILA we strive to deliver the highest quality mortgage solutions to all of our customers. This partnership presents an opportunity for MILA to build new business, enrich existing ones and ultimately transform the way loans are processed. We look forward to supporting NAMB in the future.”

About MILA, Inc.
MILA, Inc, one of fastest growing mortgage companies in the nation, offers a broad range of alternative mortgage-lending products in 26 states. The company’s commitment to borrowers has enabled MILA to rank among the top wholesale lenders in the country for more than 15 years. Stability, financial strength and the successful implementation of business strategies give MILA the ability to meet the challenges of the ever-changing mortgage lending markets and to anticipate market trends.

With substantial investments in evolving technology, MILA maintains solid, strategic relationships through services and support that our business partners can rely on. Using MILA’s AccessPoint, approved brokers and correspondents are able to quickly and easily track the movement of loans 24-hours a day.

About NAMB
With 50 state affiliates, and more than 21,000 members, NAMB promotes the industry through programs and services such as education, professional certification and government affairs representation. NAMB members subscribe to a code of ethics and best lending practices that foster integrity, professionalism and confidentiality when working with consumers.

Contact: Michelle Homes
Michelle.Homes@mila.com
425.275.0800