JACKSONVILLE, FL, January 21, 2011 (Press-News.org) The 2010 numbers are in for one of the nation's fastest-growing financial services companies.
Foundation Financial Group increased its 2010 mortgage originations by 14 percent year-over-year from the company's previous record-setting numbers in 2009. Meanwhile, the mortgage industry-tracking source, mortgagestats.com, reports that the top 10 U.S. mortgage lenders' originations are down almost 21 percent in 2010.
"All of the credit for our record-breaking year goes to the outstanding team at Foundation Financial Group," CEO Mark Boyer said. "Our human resources staff continues to recruit and train excellent employees who are dedicated to making Foundation Financial Group the best financial services company in the U.S. Our managers work toward this goal daily."
Boyer expects growth to continue into 2011 at Foundation Financial Group, which will open its sixth sales center on Jan. 31 in Rochester, N.Y. The center is currently looking to hire an initial Rochester team of 50 employees and will grow within a year to employ 100 workers.
"It's going to be an exciting year for Foundation Financial Group," Boyer said. "We've already launched new services and plan to expand into Illinois during the second quarter as well."
On Jan. 3, Foundation Financial Group began offering additional financial services, including insurance, wealth management and tax services, through affiliate companies under the Foundation Financial Group umbrella. The move will result in additional job creation.
Established in 1998, Foundation Financial Group is a full-service, residential mortgage lender licensed in 30 states. Foundation Financial Group is currently hiring at its five major centers across America including Atlanta, Ga.; Charlotte, N.C.; Jacksonville, Fla.; Raleigh, N.C.; and Savannah, Ga. Foundation Financial Group is one of the nation's fastest growing lenders, funding more than $2 billion in loans since 2004. Foundation Financial Group enjoys an industry-leading Federal Housing Administration compare ratio and an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives. For more information, call 866-334-1001 or go to http://www.onlineffg.com.
Foundation Financial Group grows originations by 14 percent in 2010; Final 2010 numbers show loan originations increase higher than expected from 2009
Despite a shaky economy, Foundation Financial Group ended 2010 with a 14-percent increase in mortgage originations when compared to 2009.
2011-01-21
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[Press-News.org] Foundation Financial Group grows originations by 14 percent in 2010; Final 2010 numbers show loan originations increase higher than expected from 2009Despite a shaky economy, Foundation Financial Group ended 2010 with a 14-percent increase in mortgage originations when compared to 2009.