United Financial Mortgage Corp. and Admiral Asset Group, Inc. Enter Into Strategic Alliance
12 March 2004 - 12:30AM
PR Newswire (US)
United Financial Mortgage Corp. and Admiral Asset Group, Inc. Enter
Into Strategic Alliance UFM to Be Exclusive Provider of Mortgage
Banking Products for Admiral Asset's Advertising Campaign OAK
BROOK, Ill., March 11 /PRNewswire-FirstCall/ -- UnitedFinancial
Mortgage Corp. (the "Company") today announced that it has entered
into a strategic alliance with the Media Division of Admiral Asset
Group, Inc. ("Admiral Asset"). The relationship calls for Admiral
Asset to advertise UFM's mortgage products and services in some of
UFM's largest markets under the United Financial Mortgage Corp.
name. The campaign is expected to start in the middle of April.
Irwin Berman, President and CEO of Admiral Asset commented, "United
Financial Mortgage brings a solid track record of providing
customers with low rates and personalized service. Through this
alliance, UFM will be able to take full advantage of our
relationships with some of the most recognized names in print and
broadcast media." Mr. Steve Khoshabe, President and Chief Executive
Officer of UFM stated, "We are very excited about our partnership
with Admiral Asset and pleased that they have selected United
Financial Mortgage as the exclusive provider of the mortgage
products and services that they will be advertising. We believe
that this campaign will begin to brand the United Financial
Mortgage Corp. name and to bolster our loan origination efforts as
well." Benefits for customers who choose home financing through
Admiral Asset's advertising efforts include: * A dedicated staff of
loan officers, who are experienced and extensively trained to
understand the needs of borrowers; * Top choice of products and
services; * No-cost, no-obligation interest rate protection,
subject to time limits; and * Streamlined Up-Front Approval,
subject to satisfactory property review and no change in the
borrower's financial condition. The seasoned, professional loan
officers of United Financial Mortgage will be availableand eager to
assist customers at (866) 603-5363 (Lend). About Admiral Asset
Group, Inc. Admiral Asset Group, Inc. is an independent specialized
business services organization. Admiral Asset has or is developing
interests in low cost advertising services, distressed real estate
solutions, high loan to value stock and bond loans, expense
management and reduction services, cost effective receivables
factoring, barter transactions, and low cost teleconferencing and
web conferencing services. Admiral Asset Group, Inc. is
headquartered in New York City and operates nationwide with
representatives in twelve states. About United Financial Mortgage
Corp. United Financial Mortgage Corp. is an independent originator
and servicer of residential and commercial mortgage loans. The
Company is headquartered in Oak Brook, Illinois and has 36 offices
in 14 states. For additional information, please visit the
Company's web site at http://www.ufmc.com/. This press release
contains, and future oral and written statements may contain,
forward-looking statements within the meaning of such term in the
Private Securities Litigation Reform Act of 1995 with respect to
the Company's business, financial condition, results of operations,
plans, objectives and future performance. Forward-looking
statements, which may be based upon beliefs, expectations and
assumptions of management and on information currently available to
management, are generally identifiable by the use of words such as
"believe," "expect," "anticipate," "plan," "intend," "estimate,"
"may," "will," "would," "could," "should" or other similar
expressions. Additionally, all statements in this document,
including forward-looking statements, speak only as of the date
they are made, and the Company undertakes no obligation to update
any statement in light of new information or future events. The
forward-looking statements are subject to various risks and
uncertainties. Such risks and uncertainties include, but are not
limited to, changes in demand for mortgage loans due to
fluctuations in the real estate market, interest rates or the
market in which the Company sells its mortgage loan; the negative
impact of economic slowdowns or recessions; and other risks
disclosed from time to time in theCompany's SEC reports and
filings. DATASOURCE: United Financial Mortgage Corp. CONTACT: Steve
Khoshabe, President & Chief Executive Officer of United
Financial Mortgage Corp., +1-630-571-7222, fax: +1-630-571-2623, or
; or Dave Gentry of Aurelius Consulting Group, Inc.,
+1-407-644-4256, fax: +1-407-644-0758, or , for United Financial
Mortgage Corp. Web site: http://www.ufmc.com/
Copyright
United Financial Mortgage (AMEX:UFM)
Historical Stock Chart
From Aug 2024 to Sep 2024
United Financial Mortgage (AMEX:UFM)
Historical Stock Chart
From Sep 2023 to Sep 2024