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Press Releases
12/28/2004
MILA, INC. DONATES MORE THAN $167,000 IN CHARITABLE GIVING IN 2004
Mountlake Terrace, WA –MILA, Inc., a national wholesale lender wraps up the year with its generous and charitable donations to local charitable organizations. In 2004, MILA donated more than $167,000 to local programs and organizations that support the betterment of children ... READ
12/22/2004
MILA, INC. CEO AND WIFE DONATE $20,000 TO FORGOTTEN CHILDREN’S FUND
More Than 750 Families to Benefit
Mountlake Terrace, WA – Layne Sapp, founder and CEO of the wholesale lender, MILA, Inc., and his wife, Cari Sapp donated nearly $20,000 to the Forgotten Children’s Fund during a Northwest Yacht Captains meeting on December 20, 2004. The meeting raised more than $40,000 to go towards the purchase of clothing, food and toys for local underprivileged children and their families ... READ
12/15/2004
MILA, INC. CEO SPEAKS AT TOYS FOR KIDS ANNUAL EVENT
Layne and Cari Sapp Donate $11,000
Mountlake Terrace, WA – Layne Sapp, founder and CEO of the wholesale lender, MILA, Inc., was a featured speaker at the fourth annual Toys for Kids event sponsored by the Seattle Mariners RBI Club on December 2, 2004 at Safeco Field. Layne and his wife, Cari Sapp donated $11,000 to the charity. The event was designed to raise money for toys for children in local hospitals and shelters ... READ
12/09/2004
MILA, INC. HELPS FUND EDMONDS SCHOOL DISTRICT’S CHALLENGE PROGRAM
MILA DONATES $2,000
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company today announced its sponsorship of the Edmonds School District’s Challenge Program. Earlier this month, MILA donated $2,000 to the program. The Challenge Program is designed to help educationally gifted children within the district succeed in their education ... READ
11/18/2004
MILA, INC. IMPLEMENTS ELLIE MAE’S CLICKLOAN INTO DECISIONPOINT
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, today announced the integration of EllieMae’s ClickLoan software into DecisionPoint, MILA’s automated underwriting system. This integration allows brokers to expedite the upload of their loan applications from their desktop loan origination system (LOS) directly into DecisionPoint ... READ
11/15/2004
MILA, INC. ADDS ADDITIONAL EXCEPTION POLICIES TO DECISIONPOINT
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, today announced additional exceptions to its credit policy. All exceptions are built into DecisionPoint, MILA’s instant automated underwriting system, and available to brokers as needed ... READ
11/05/2004
MILA, INC. REACHES 1,000,000 ACCESSPOINT LOGINS
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, today announced its 1,000,000 broker login to AccessPoint, MILA’s online loan management and automated underwriting engine. Launched in 2002, AccessPoint is the only Web-based system in the industry that provides complete loan information and tracking in real-time ... READ
11/03/2004
MILA, INC. WINS BETTER BUSINESS BUREAU’S CUSTOMER SERVICE AWARD
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, was named Customer Service Business of the Year in the large Business Category by the Better Business Bureau of Western Washington. MILA was one of hundreds of area organizations that applied for this award ... READ
10/25/2004
MILA, INC. COVERS ALL THE BASES AT THE WESTERN REGIONAL
MORTGAGE BROKERS CONFERENCE
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, today announced its 2004 participation at the Western Regional Mortgage Brokers Conference (WRMBC) at Caesars Palace in Las Vegas, NV on November 5-9, 2004. WRMBC was established to help state associations by generating revenue from the conference and redistributing funds back to the member states ... READ
09/24/2004
MILA, INC. TO PARTICIPATE AT TENNESSEE ASSOCIATION OF
MORTGAGE BROKERS SHOW
Nashville, TN – MILA, Inc., the wholesale mortgage banking company, today announced its presence at the Tennessee Association of Mortgage Brokers (TNAMB) show in Nashville, TN on October 12-15, 2004. The Tennessee Association of Mortgage Brokers is a statewide association providing education to the public, legislators and government agency officials regarding the many valuable services and benefits mortgage brokers provide to home loan borrowers ... READ
09/22/2004
MILA INCREASES ITS BROKER BASE AT SUCCESSFUL WASHINGTON ASSOCIATION OF MORTGAGE BROKERS (WAMB) NORTHWEST LENDERS CONFERENCE
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company attended the Washington Association of Mortgage Brokers (WAMB) Northwest Wholesale Lenders Conference in Bellevue, WA as a major sponsor earlier this month ... READ
09/02/2004
MILA, INC. TO PARTICIPATE AT TEXAS ASSOCIATION OF
MORTGAGE BROKERS (TAMB) SHOW
Houston, TX, – MILA, Inc., the wholesale mortgage banking company, today announced its presence at the Texas Association of Mortgage Brokers show in Houston, TX on September 23-25, 2004. The Texas Association of Mortgage Brokers (TAMB) provides education, certification and governmental affairs representation for the mortgage broker industry ... READ
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 ... READ
08/30/2004
MILA, INC., APPOINTS DOUGLAS E. SCHWED AS GENERAL COUNSEL
Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, announced today the appointment of Douglas Schwed as its general counsel ... READ
08/26/2004
MILA, INC. ADDS TEXAS CASH-OUT REFINANCE OPTION TO LENDING PORTFOLIO
Mountlake Terrace, WA – MILA (Mortgage Investment Lending Associates), Inc., today announced the addition of its Texas Owner-Occupied Cash-Out Refinance option to its current portfolio of residential loan products. This option, designed for borrowers in Texas has been integrated into MILA’s existing loan products including ARMs and fixed loans and is accessible through DecisionPoint, MILA’s instant automated underwriting system ... READ
08/24/2004
MILA, INC., APPOINTS MIKE TAYLOR TO LOAN SERVICING DEPARTMENT MANAGER
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced the appointment of Mike Taylor to manager of MILA’s loan servicing department, effective immediately ... READ
08/20/2004
MILA, INC. AND LYNNWOOD MAYOR MIKE MCKINNON’S MOTORCYCLE RIDE RAISE NEARLY $4,000 FOR CHILD SAFETY PROGRAMS
Lynnwood, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates today donated nearly $2,000 to Lynnwood Mayor Mike McKinnon’s Kidz Safety Campaign. This local event was held on August 14, 2004 and raised nearly $4,000 for child safety programs; due in part to MILA’s match of all rider entry fees ... READ
08/20/2004
MORTGAGE TECHNOLOGY MAGAZINE NAMED MILA, INC. TO ITS LIST OF THE TOP 25 TECH-SAVVY LENDERS
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates was named one of the nation’s “Top 25 Tech-Savvy Lenders” by Mortgage Technology magazine. The full list is available in the September 2004 issue ... READ
08/18/2004
MILA, INC. TO PARTICIPATE AS PREMIER SPONSOR AT WASHINGTON ASSOCIATION OF MORTGAGE BROKERS (WAMB) NORTHWEST WHOLESALE LENDERS CONFERENCE
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates today announced its premier sponsorship of the Washington Association of Mortgage Brokers (WAMB) Northwest Wholesale Lenders Conference in Bellevue, WA on September 10, 2004 ... READ
08/05/2004
MILA, INC. AND LYNNWOOD MAYOR, MIKE MCKINNON TEAM UP
FOR MOTORCYCLE RIDE TO BENEFIT CHILDREN
Lynnwood, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates announced its participation in Mayor Mike’s Kidz Safety Campaign on August 14, 2004. MILA will match all entry fees benefiting Mayor Mike’s Kidz Safety Campaign ... READ
08/04/2004
MILA, INC. SPONSORS WARREN MOON AND STEVE POOL GOLF CLASSIC
MILA DONATES $100,000 TO CHILDREN’S HOSPITAL AND REGIONAL MEDICAL CENTER
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates sponsored the Warren Moon and Steve Pool Golf Classic benefiting Children’s Hospital and Regional Medical Center on July 12 and July 13, 2004 at the Golf Club at Newcastle, WA.... READ
07/29/2004
MILA, INC. EXPANDS BUSINESS TO TENNESSEE TO ANSWER BROKER’S CALLS
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced its continued national expansion in the state of Tennessee, effective August 3, 2004 ... READ
07/27/2004
MILA, INC. TO PARTICIPATE AT CALIFORNIA ASSOCIATION OF MORTGAGE BROKERS
Long Beach, CA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates today announced its participation at the California Association of Mortgage Brokers show in Long Beach, CA from August 4 to 7, 2004... READ
07/26/2004
MILA, INC. SPONSORS MOUNTLAKE TERRACE’S NIGHT OUT AGAINST CRIME
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates today announced its sponsorship of Mountlake Terrace’s Night Out Against Crime on August 3, 2004 from 6:00- 9:00 p.m. This event is expected to raise awareness of crime and drug prevention and to strengthen neighborhood spirit and partnerships. The evening will also celebrate Mountlake Terrace’s 50th birthday ... READ
07/21/2004
MILA, INC. CEO LAYNE SAPP SELECTED TO PRESENT AT THE WESTERN REGIONAL MORTGAGE BROKERS CONFERENCE
Mountlake Terrace, WA – Layne Sapp, founder and CEO of wholesale lender MILA, Inc., was selected to speak at the Western Regional Mortgage Brokers Conference to be held in Las Vegas, NV from November 5-9, 2004 ... READ
07/20/2004
MILA, INC. APPOINTS NICOLE SCOTT TO COMPLIANCE MANAGER ASSISTANT
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced the appointment of Nicole Scott to MILA’s compliance manager assistant, effective immediately. Scott joins compliance manager Sandra Thomas, former senior financial examiner in Olympia. ... READ
07/16/2004
MILA, INC. IN SEARCH OF TWO WASHINGTON STATE ALLSTARS
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates today announced a contest aimed at Washington brokers to drive loan funding in August. Two Washington state brokers that fund the most loans in the month of August will each win a set of Diamond Club Mariners tickets for Monday, September 13 at 7:05 p.m. against the Anaheim Angels at Safeco Field ... READ
07/15/2004
CRS FINANCIAL SERVICES, LLC CLOSES ITS NEW QUADRANT I-5 OFFICE SPACE
LANDMARK LOCATION CREATES PUGET SOUND EMPLOYMENT OPPORTUNITY
Lynnwood, WA – CRS Financial, LLC today announced the close of its Quadrant I-5 office space. MILA Inc., a local wholesale residential mortgage lender will be the anchor tenant of the newly named CRS Corporate Centre, located at 20700 44th Ave. W. in Lynnwood, just a few miles away from MILA’s corporate headquarters at 6021 244th St. S.W. in Mountlake Terrace ... READ
07/14/2004
MILA, INC. CREATES LARGER PRESENCE IN ARIZONA
Phoenix, AZ– MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced the expansion of its Arizona office due to rapid growth in the region ... READ
06/08/2004
MILA, INC. SPONSORS SNOHOMISH COUNTY BOYS AND GIRLS CLUB CAMPAIGN FOR KIDS
MILA DONATES $6,500 AT LUNCHEON
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, sponsored the Snohomish County Boys and Girls Club Campaign for Kids luncheon on June 3, 2004 ... READ
05/18/2004
MILA, INC. ADDS SIX MONTH LIBOR ARM OPTION TO LENDING PORTFOLIO
Mountlake Terrace, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced the addition of its six month London Inter Bank Offering Rates (LIBOR) adjustable rate mortgage (ARM) option to its current portfolio of residential loan products ... READ
05/06/2004
MILA, INC. ENHANCES JUMBO LOAN OFFERING
NEW PROGRAM CONTINUES TO HELP MAKE HOME BUYING A REALITY
MOUNTLAKE TERRRACE, WA – MILA, Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced the addition of a jumbo loan program to supplement its current suite of residential loan products ... READ
05/04/2004
MILA, INC. CONTINUES TO CONTRIBUTE TO PUGET SOUND EMPLOYMENT WITH NEW OFFICE SPACE
MILA TO ADD 800 EMPLOYEES BY 2006
MOUNTLAKE TERRRACE, WA – MILA., Inc., the wholesale non-prime lender also doing business as Mortgage Investment Lending Associates, today announced the purchase of one of two empty office buildings at the Quadrant I-5 Center near downtown Lynnwood ... READ
4/23/2004
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) ... READ
3/19/2004
MILA, INC. ANNOUNCES LAUNCH OF INTEREST ONLY OPTION
MOUNTLAKE TERRRACE, WA – MILA. Inc., has added an Interest Only option to their expanding mix of residential loan products. The launch of Interest Only, which became an official MILA offering March 22, 2004, coincided with the company’s Rate Sheet and credit policy overhaul that unified their lending process from the point-of-sale through closing ... READ
3/19/2004
MILA, INC. MAKING STRIDES TO CREATE UNIFIED LENDING PROCESS IN NON-PRIME
Streamlined Lending Process Provides Consistent Mortgage Experience from
Point-of-Sale Through Closing ... READ
3/11/2004
MILA, INC. REPORTS 2003 YEAR END RESULTS
Wholesale Lender Nearly Triples Origination Volume; Attributes Success to Investment in Technology ... READ
2/20/2004
MILA, INC. CEO LAYNE SAPP TAPPED TO PRESENT AT PRESTIGIOUS FINANCE LEADERS SUMMIT
MOUNTLAKE TERRRACE, WA – Layne Sapp, founder and CEO of wholesale lender MILA, Inc, will serve as a panel discussion leader at the Royal Media Group’s Third Annual Subprime Summit, to be held February 22-24 at the Hilton La Jolla Torrey Pines in La Jolla, CA ... READ
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