Newsroom

09/01/2004
MILA, INC. CEO, LAYNE SAPP ELECTED TO THE BOARD OF DIRECTORS OF SOUTH SNOHOMISH COUNTY CHAMBER OF COMMERCE

Mountlake Terrace, WA – Layne Sapp, founder and CEO of wholesale lender MILA, Inc., was elected to the Board of Directors of South Snohomish County Chamber of Commerce. Sapp will work with community leaders and business owners of South Snohomish County to help promote the growth and diversity in the eight cities in its jurisdiction.

“I am honored to have been elected to the South Snohomish County Board of Directors,” said Layne Sapp, MILA CEO. “I look forward to working with local business leaders to further develop our community.”

“As a respected leader with a solid track record in business, Sapp brings a unique set of skills and experience that will serve the community well and complement the strong talent of our board," said Jean Hales, South Snohomish County Chamber of Commerce, president and chief executive officer.

Sapp has a long history in South Snohomish County. After graduating from Marysville-Pilchuck high school, he formed and managed a local private lending fund until the age of 23. At that point, Sapp began to fund and broker mortgage loans using his own capital. Shortly thereafter, in 1989, he incorporated a sub-prime lending organization, know as MILA, Inc. Today, MILA, Inc. has become one of the largest employers in Snohomish County.

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.

About MILA, Inc.
MILA, Inc. is a wholesale residential mortgage lender serving the non-prime market in 26 states nationwide. Their vision is to revolutionize the mortgage experience by creating a streamlined loan process that delivers a closed loan within four hours. MILA, Inc. was also recently named one of the Top 25 Tech-Savvy Lenders by Mortgage Technology magazine.

About South Snohomish County Chamber of Commerce
For 40 years, the South Snohomish County Chamber of Commerce has been dedicated to improving the economy and quality of life in the eight cities it represents. Together with its 600+ members, the Chamber helps promote the continued growth and diversity of the local business community.

Note to Editors: Please refer to the company as MILA, Inc.

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