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PSM Holdings, Inc.
1112 North Main Street
Roswell, NM 88201
Phone: 505-622-5113
Fax: 505-622-5233
Email:
PrimeSource
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Some of the information included in this press release section may
contain forward-looking statements within the meaning of the federal
securities laws. These forward-looking statements can be identified by
words such as may, will, expect, intend, anticipate, believe,
estimate, plan, could, should, and continue, or similar
words. These forward-looking statements may also use different phrases.
These forward-looking statements are not historical in nature; however,
they do include comments that, when made, reflect PSMH management views
with respect to current events and financial performance. All such
forward-looking statements are and will be subject to numerous risks,
uncertainties, and factors relating to PSMH operations and business
environment (many of which are beyond the control of PSMH) that could
cause actual results to differ materially from any results expressed or
implied by such statements.
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(Roswell, NM, 9/22/08) — PSM Holdings, Inc. (PSMH) clarifies and defines
stock availability due to recent inquiries.
Due to the recent activity and contacts from shareholders and
new investors, the company called for an accounting of all stock issued
and completed this accounting Friday, September 19, 2008.
Business Wire – September 22, 2008
PSM Holdings, Inc. (PSMH-OTC) has completed an interior
accounting of its stock issue.
As of September 18,
2008, there are 1,318,553 shares available for trading. These shares
are commonly referred to as the float. An additional 11,683,717 shares
are issued and outstanding; however, non-tradable and restricted under
Rule 144 of the Securities and Exchange Commission Rules and
Regulations.
“With all the activity
this past week and the multitude of calls, we felt an accounting was in
order and decided to place it on this wire service for all to see,” said
Jeffrey R. Smith, President and CEO of PrimeSource Mortgage, Inc., the
wholly owned subsidiary of PSMH.
“The news this week was
very good from Washington, and we are proud to not have been involved in
Sub-Prime lending and thus dodged the bullet,” said Ron Hanna, Chairman
of the Board.
“We have continued to
grow our locations and have expanded into many new states and project a
faster growth in the years ahead. Our insight into side stepping these
type loans of questionable practices have put our company in a priority
position in lending to qualified buyers,” Mr. Hanna added.
The government has stepped in to bail out 700 billion
dollars in bad loans and mortgages. This money will be used to acquire
bad debt, foreclosed property and continue to fund existing loans to
qualified buyers.
PSMI OPENING OFFICE IN MIDLAND, TX
Lisa Hagee Opens PSM Office
(Roswell, NM, 9/26/07) — PrimeSource Mortgage, Inc. (PSMI) continues to
open branches Nationwide. PSMI proudly announces the opening of an
independently owned and operated (PSM) Branch in Midland, Texas, at 1002
Godfrey. Lisa Hagee, already well-established in the community, is the
owner and operator of this new PSM branch operating under the name, Loan
Star Mortgage.
Hagee,
with over 12 years of mortgage experience, is well qualified to head up
this mortgage-lending office. Hagee went to work for Norwest Bank (Wells
Fargo) in 1994 and after just two years the bank transferred her to the
mortgage department where she later became the manager of the Odessa,
Big Spring and Abilene market. She was then offered a position with
Texstar Home Loan Center. For three years she was vice president of the
company as well as managing the mortgage department. With her experience
in the mortgage business PrimeSource considers her a great asset.
Lisa
Hagee has been married for five years and has two children. Lisa enjoys
the outdoors with family events such as camping, racing, and spending
time at the lake.
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
21 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM
Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about this
because it offers our customers and staff the opportunity to own a part
of our company.”
PSMI OPENING OFFICE IN ATLANTA, GA
Karen Roberts Opens PSM
Office
(Roswell, NM, 2/26/08) — PrimeSource Mortgage, Inc. (PSMI)
continues to open branches Nationwide. PSMI proudly announces the
opening of a PrimeSource Mortgage (PSM) office in Atlanta, Georgia, at
3783 Presidential Pkwy, Ste 138. Karen Roberts, already well-established
in the community, is the manager of this new PSM branch.
Roberts, with a Business Management degree from
Kennesaw State University is well qualified to head up this mortgage
lending business. With a background of being a licensed realtor and
working in the mortgage business for over eight years, Roberts is ready
for what PrimeSource offers. Roberts has maintained the management of a
branch office and has the ability to take her knowledge to the next
level.
With PrimeSource as her backbone she has the ability
to expand her growing array of financial services and products. There
are many advantages to being a part of the PrimeSource family, including
the realtor alliance programs and over a hundred lenders to choose from.
Incorporated in 1991 in Texas, PrimeSource Mortgage,
Inc. quickly became a leading mortgage company in the Southwest and is
currently licensed in 25 states. One reason for the growth and success
of this company is its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the mortgage
process is so complex and often confusing, the company has chosen to
walk hand-in-hand with each client through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now
a publicly traded company; over-the-counter (OTC) shares became
available in October 2005. Ron Hanna, Chairman of the Board, said, "We
are excited about this because it offers our customers and staff the
opportunity to own a part of our company."
For local information call Karen Roberts at 770-936-0070
or email at krobee@gmail.com.
PSMI OPENING OFFICE IN FLOWER
MOUND, TX
Scott Chronister
and Bob Scheinman Open PSM Office
(Roswell, NM, 7/23/08) — PrimeSource Mortgage, Inc. (PSMI) continues to
open branches Nationwide. PSMI proudly announces the opening of an
independently owned and operated (PSM) Branch in Flower Mound, Texas.
Scott Chronister and Bob Scheinman, already well-established in the
community, are the owner and operators of this new PSM branch, operating
under the name, Liberty Mortgage USA.
Chronister, with a Bachelors degree from the University of
North Texas, has over twelve years of mortgage and sales experience.
Scheinman, with a Bachelors degree from the University of Arizona, has
over eight years of mortgage experience. Chronister and Scheinman are
compelled to make a difference by setting an extremely high standard of
service to home buyers through hard work and strong moral values. As a
team these two are dedicated to setting the service standard in the
mortgage industry and will be perfect to head up the new PrimeSource
office.
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc.
quickly became a leading mortgage company in the Southwest and is
currently licensed in 25 states. One reason for the growth and success
of this company is its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the mortgage
process is so complex and often confusing, the company has chosen to
walk hand-in-hand with each client through the entire process.
PSM
Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October,
2005. Ron Hanna, Chairman of the Board, said, “We are excited about this
because it offers our customers and staff the opportunity to own a part
of our company.”
JEFF SMITH INTERVIEWED BY WALLSTREET DIRECT
Please find below a link to a recent interview with Jeff Smith,
President & CEO of PSM Holdings, Inc. conducted by WallStreet Direct,
Inc. This interview took place on June 6th, 2008.
CLICK TO VIEW INTERVIEW
PSMI ANNOUNCES
CONTINUED GROWTH
(Roswell, NM, 06/02/08)
— PrimeSource Mortgage, Inc. (PSMI) continues to grow despite the
difficult economic times. PSMI has signed 12 new PSM offices over the
past 120 days.
PSMI is licensed in 21
states with physical offices in 8 of those states. PSMI continues to
grow their lender pool with the addition of 15 new lenders on board in
just the last 90 days.
PSMI has several
strategic alliances which continue to reflect strong growth as well.
NWBO has just completed a 6 month renovation of their Interactive Voice
Response system that now offers world class Enterprise level solutions
exclusively to PrimeSource Branches and their Realtor, Builder and For
Sale by Owner partners across the country. The result is that this
alliance program has enjoyed a 35% growth in the last 60 days. That
growth will translate into additional mortgage revenues in the near
future.
Deb Erickson, owner of
ICAN Institute, continues to travel the country as an ambassador for
PSMI speaking to hundreds of people each month about the power and
potential of PSMI and their motto to “walk their customers home.” As a
result, PSMI’s revenues have increased four consecutive months, from
Jan through April.
Due to the growth PSMI
has experienced over the past 120 days PSMI is implementing a new Point
Data Server to centralize their information. PSMI will also be rolling
out new versions of the origination software, Calyx Point and Push MX to
help streamline the marketing and loan origination process.
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 21 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home™. Because
the mortgage process can be so complex and often confusing, the PSMI has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October, 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.”
For local
information call Jeff Smith, President & CEO at 505-624-4170 or
jeff@wewalkyouhome.com
PSMI ANNOUNCES TOP PRODUCING BRANCH FOR FIRST-QUARTER 2008
(Roswell, NM, 4/15/08)
— PrimeSource Mortgage, Inc. (PSMI) continues to grow their operations
by opening branches Nationwide and increasing production. PSMI proudly
announces the top producing branch for the first-quarter in 2008:
congratulations to Tom Mahoney and Sean McMurtry owners of the
Albuquerque, NM branch for their stellar performance during the first
quarter of 2008.
Tom and Sean have owned
and operated their PrimeSource Mortgage branch since 2003. During the
latter part of 2007 Tom and Sean expanded their business by building a
new office and expanding their team which consists of Allyson Leo, James
Rhodes and Clarissa Stewart. Their team is a cohesive unit which allows
them to continue to “walk customers home”.
There are many
advantages to being a part of the PrimeSource family. PSM branches have
the backing of a larger company with programs such as the NWBO platforms
and PushMX Software. They also have a corporate staff available to help
with training, questions, and with setting up with new offices with a
variety of over 70 lenders.
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 24 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.”
For local
information call Tom Mahoney or Sean McMurtry at 505-898-4800 or email
at
tom@wewalkyouhome.com or
sean@wewalkyouhome.com
LICENSE OBTAINED IN
MONTANA
PSMI opened up to Montana
(Roswell, NM, 2/26/08) — PrimeSource
Mortgage, Inc. (PSMI) is pleased to announce that the company just
received its license to operate individually owned and operated branches
in the state of Montana as of February 1, 2008.
Jeffrey R. Smith, President and CEO, said, “We are well on our way to
reaching our goal of being a licensed mortgage broker all across the
United States. Currently we have over 30 PSM branches successfully
operating throughout the country.
More than 16 years ago at the incorporation of PSMI, we adopted the
motto “We Walk You Home.” This extends to everyone we deal with, but
especially our customers with whom we strive to build lasting
relationships.
To learn more about PSMI, go to our customer site at
www.wewalkyouhome.com
PSMI RECOGNIZES TOP
BRANCHES AT ANNUAL CONFERENCE
Annual Conference held in Albuquerque, NM January 17-19,
2008
(Roswell, NM, 1/22/08)
— PrimeSource Mortgage, Inc. (PSMI) recently held its annual conference
at the beautiful Embassy Suites located on Lomas & I-25 in Albuquerque,
NM. The conference was a complete success. There was significant
training that took place along with exciting activities including
incredible life-changing speakers, and a formal awards banquet to close
the ceremonies. The theme for the conference was “GO FOR THE GOLD”,
an Olympic theme to tie into this year’s upcoming Summer Olympics.
Devon Harris, a Jamaican Bobsled Olympic Champion was the keynote
speaker.
Over 100 participants
attended the 16th annual conference in Albuquerque. A
realtor trac was added to the already full agenda this year. This
allowed for the various branch owners to invite their referral partners
in the real estate industry to attend specific break-out sessions
relative to their industry. In addition, there were many other
break-out sessions designed for the owners and staff of the over 30
branch offices now operating across the nation.
At the closing
ceremonies, branches were recognized for their outstanding performances
in 2007. The winners were as follows: Matt Lamoreux of Farmington, NM,
Rookie of the Year; Darren Speck of Highland Village, TX, Leadership
Award; Roswell, NM branch, Most Production and NWBO/Grapevine, TX
branch, Branch of the Year. The winners were awarded gold medals and
individual Wheaties Trophy Box awards, which were presented by Olympic
Champion Devon Harris and President, Jeffrey Smith.
There are many
advantages to being a part of the PrimeSource network. Offices are
provided significant support from full-time personnel. Each office has
access to various companies that have direct alliances with PSMI,
including ICAN Institute, a training and employee development company,
and NWBO, a nationwide buyer/seller referral company. “Having the
opportunity to assist and participate in our branch owner’s success
through so many avenues has been very rewarding”, said Smith.
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 25 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because
the mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005.
For local
information call Jeffrey Smith at 575-622-5113 or email
jeff@wewalkyouhome.com
PSMI OPENING OFFICE IN
GRAND PRAIRIE, TX
Jon Traver Opens PSM Offic
(Roswell, NM, 2/04/08)
— PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of a PrimeSource
Mortgage (PSM) office in Grand Prairie, Texas, at 2100 N Hwy 360, Ste
1205. Jon Traver, already well-established in the community, is the
manager of this new PSM branch.
Traver, with a bachelor
degree from the University of St. Francis is well qualified to head up
this mortgage lending business. With more than seven years of mortgage
experience, Traver is ready for what PrimeSource offers. Before
choosing the mortgage business Traver worked at helping specialize and
deploy business architectures. Traver brings with him a wealth of
knowledge in sales and management. Traver states “I am looking for a
company who stands behind their products, services, and employees. My
ability to build relationships with all levels of organizations has
produced consistent success and with PSM as my backbone, my business
will continue to skyrocket.”
There are many
advantages to being a part of the PrimeSource family. PSM branches have
the backing of a large company with many different programs including
FHA. “Having the ability to do FHA loans and being licensed in multiple
states gives me an opportunity to grow my business”, said Traver.
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 25 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.”
For local
information call Jon Traver at 972-444-8562 or email at
jtraver@sbcglobal.net
PSMI OPENING OFFICE IN OKLAHOMA CITY, OK
Latoya Edwards Opens PSM Office
(Roswell, NM, 2/04/08)
— PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of a PrimeSource
Mortgage (PSM) Branch in Oklahoma City, Oklahoma, at 6920 N Meridian.
Latoya Edwards, already well-established in the community, is the new
owner of this new PSM branch.
With a degree from OKCC,
Edwards has over 5 years mortgage experience. She has the necessary
skills to execute extraordinary customer service along with the ability
to understand and accommodate their needs. Edwards has worked with
lenders and customers to be able to not only help them get a home of
their dreams, but to help them with the right programs that will benefit
the customer for the rest of their mortgage loan term. With her years
as a branch manager for another mortgage company, Edwards researched and
chose PrimeSource Mortgage as the company to take her office to the next
level.
There are many
advantages to being a part of the PrimeSource family. PSM branches have
the backing of a large company with programs such as the NWBO platforms,
FHA, and PushMX Software. They also have a corporate staff available to
help with training, questions, and the overall support needed to be
successful in today’s mortgage environment.
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 25 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.”
For local
information call Latoya Edwards at 405-413-2659 or email at
Latoya@wewalkyouhome.com
PSMI OPENING OFFICE IN MONTANA
Sandy Trindade Opens PSM Office
(Roswell, NM, 1/31/08)
— PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of a PrimeSource
Mortgage (PSM) Branch in Missoula, Montana, at 929 SW Higgins, Ste 201.
Sandy Trindade, already well-established in the community, and is the
managing partner of this new PSM branch.
Trindade, with more
than 20 years of mortgage and finance experience, is well qualified to
head up this mortgage-lending office. For 6 years Trindade owned and
operated an accounting and business services firm. Clients included
were real estate sales agents and mortgage servicing agents which gave
her experience in the mortgage business for the first time. With this
experience she then moved on to other companies where she could remain
in mortgage finance positions. After working with Allied Home Mortgage
Corp as a branch manager she has decided to expand her horizons to join
the PSM network.
There are many
advantages to being a part of the PrimeSource family. PSM branches have
the backing of a large company with programs such as the NWBO platforms
and PushMX Software. They also have a corporate staff available to help
with training, questions, and help with setting up with new offices with
a variety of over 80 lenders.
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 25 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.
For local information call Sandy Trindade at 406-251-5416 or email at
strin9776@msn.com
PSMI RECEIVES LICENSE
IN CONNECTICUT
License Obtained in November
(Roswell, NM, 12/5/07) — PrimeSource Mortgage, Inc. (PSMI) announced
that on November 21, 2007, the company received its license to do
business in Connecticut.
Jeffrey R. Smith, President and CEO, stated, "We are pleased to enter
the Connecticut market—one of the most prominent within the real estate
industry. This action opens up new opportunities, allowing us to
establish individually owned and operated PrimeSource Mortgage branches
across this great state.
PrimeSource Mortgage, Inc., a wholly owned subsidiary of PSM Holdings,
Inc. (PSMH), acts as an agent or broker for mortgage lenders in real
estate mortgage loan transactions and solicits and receives applications
for secured loans. PSM Holdings. Inc. is a publicly traded company under
the ticker symbol PSMH.
PSMI OPENING OFFICE IN OKLAHOMA
David Hunter Opens PSM Office
(Roswell, NM, 9/26/07) — PrimeSource
Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI
proudly announces the opening of an independently owned and operated
PrimeSource Mortgage (PSM) Branch in Tulsa, Oklahoma, at 7718 E 91st
Street, #140. David Hunter, already well-established in the community,
is the owner and operator of this new PSM branch.
Hunter, with over 8 years of mortgage experience, is well qualified to
head up this mortgage-lending office. After graduating Oklahoma State
University, Hunter went to work with a CPA firm. For 17 years Hunter
managed and ran the finance departments for four dealerships. With all
the experience of finance he decided that the mortgage business was very
successful, so for the last eight years Hunter built, owned, and managed
a residential mortgage company.
Hunter believes there are many advantages to being a part of the
PrimeSource family. Hunter states, “I like the backing of a larger
company with programs to put me above the competition, such as the NWBO
platforms and PushMX Software. I appreciate that PSMI is also licensed
in 24 states which expands my own outreach.”
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
25 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about this
because it offers our customers and staff the opportunity to own a part
of our company.”
For local information call David Hunter at 918-296-7200 or email at
hunter@umgtulsa.com
PSMI OPENING OFFICE IN
GRAPEVINE, TX
Mike Gaver Opens PSM Office
(Roswell, NM, 11/19/07)
— PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of another independently
owned and operated PrimeSource Mortgage (PSM) office in Grapevine,
Texas. Mike Gaver, owner of My Tech Mortgage Group, is the owner and
operator of this new PSM branch.
Gaver, with years of
mortgage experience, is well qualified to head up this mortgage-lending
office. Gaver owned MyTech Group where he gave technical support and
consulting services to organizations in the computer software systems.
Later, Gaver began a residential mortgage lending career originating
and processing with his son. Mike Gaver then opened his new business,
MyTech Mortgage Group and has been servicing Texas since November of
2002. Gaver has had tremendous success in growing his business, gaining
knowledge and has made Grapevine his home to open a North Texas based
PrimeSource Mortgage office.
Gaver believes there
are many advantages to being a part of the PrimeSource family. Gaver
states, “with the backing of a larger company I can see my branch
exploding. With programs such as the NWBO platforms and PushMX
Software, I am able to offer outstanding service and great products. I
appreciate that PSMI is also licensed in 24 states which expands my own
outreach.”
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 24 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.”
For local
information call Mike Gaver at 817-329-1515 or email at
megaver@verizon.net
PSMI OPENING OFFICE IN
KANSAS
Phillip Johnson Opens PSM Office
(Roswell, NM, 11/19/07)
— PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of an independently
owned and operated PrimeSource Mortgage (PSM) office in Overland Park,
Kansas. Phillip Johnson, most recently operated within a large
net-branch operation in the area, is the owner and operator of this new
PSM branch. Johnson has plans in place for further expansion into
Kansas City, Missouri.
Johnson, with over 30
years of mortgage experience, is well qualified to head up this
mortgage-lending office. Johnson began his career with Liberty Mutual
Insurance Company where he “learned the value of personal property”.
Later, Johnson began to focus on Life, Health, and Investments with
Mutual of New York. Phillip Johnson was awarded the prestigious Kansas
City Chamber of Commerce customer service award. Johnson has had
tremendous success in growing his business, gaining knowledge and has
made Overland Park his home base for his opening of a PrimeSource
Mortgage office.
Johnson believes there
are many advantages to being a part of the PrimeSource family. Johnson
states, “I am able to realize my life dream of helping people achieve
and realize their dreams of financial independence and home ownership.
With backing of a larger company with programs to put me above the
competition, such as the NWBO platforms and PushMX Software, I am able
to offer outstanding service and great products. I appreciate that PSMI
is also licensed in 24 states which expands my own outreach.”
Incorporated in 1991 in
Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage
company in the Southwest and is currently licensed in 24 states. One
reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.”
For local
information call Phillip Johnson at 913-381-2726 or email at
phil@wisdom4wealth.net
PSMI OPENING OFFICE IN
OMAHA
Jeff Stillinger Opens PSM Office
(Roswell, NM, 9/26/07)
— PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of an independently
owned and operated PrimeSource Mortgage (PSM) Branch in Omaha, Nebraska,
at 11590 W Dodge Road. Jeff Stillinger, already well-established in the
community, is the owner and operator of this new PSM branch.
Stillinger, with over 12 years of mortgage experience, is well qualified
to head up this mortgage-lending office. After attending the University
of Nebraska, Stillinger went to work in the financial institution
industry before deciding that the mortgage business was where he wanted
to build his future. In 1995, Stillinger became a loan officer for a
mortgage service company and was among the top representatives in the
country for five years. Stillinger has had tremendous success in
growing his business in the mortgage industry and has made Omaha his
home base for his business.
Stillinger believes
there are many advantages to being a part of the PrimeSource family. He
is interested in going beyond the possibilities that he had while
working for other mortgage companies. Stillinger states, “I like the
backing of a larger company with programs to put me above the
competition, such as the NWBO platforms and PushMX Software. I
appreciate that PSMI is also licensed in 24 states which expands my own
outreach.”
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
24 states. One reason for the growth and success of this company is
its commitment to personalized customer service
embodied in the motto: We Walk You Home. Because the
mortgage process is so complex and often confusing, the company has
chosen to walk hand-in-hand with each client through the entire
process.
PSM Holdings, Inc. (PSMH),
the parent company, is now a publicly traded company; over-the-counter
(OTC) shares became available in October 2005. Ron Hanna, Chairman of
the Board, said, “We are excited about this because it offers our
customers and staff the opportunity to own a part of our company.
For local information call Jeff Stillinger at 402-408-9610 or email at
jstillinger@cox.net
PSMI OPENING ST. LOUIS OFFICE
Rene` Schmitt Opens PSM Office
(Roswell, NM, 10/1/07) — PrimeSource
Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI
proudly announces the opening of an independently owned and operated
PrimeSource Mortgage (PSM) Branch in St. Louis, Missouri. Rene` Schmitt,
already well-established as a mortgage originator in the St. Louis area,
is the owner and operator of this new PSM branch.
Rene` Schmitt brings an extraordinary amount of experience to the new
office. She has been involved in every aspect of the mortgage business,
but recently decided to get back to the retail side where she could be
more intimately involved with her customer base in St. Louis.
After a fairly lengthy comparison process and attending the PrimeSource
Owner’s conference in Dallas/Ft. Worth, Schmitt made the decision to
join the PSMI family. Recognizing that being in business for yourself
does not have to mean being in business by yourself, Rene` plans to take
advantage of the many advantages the corporation provides its owners.
“The exclusive lead generation tool that is provided was one of the many
products that I am looking forward to implementing in my market”,
Schmitt said. “In today’s competitive market, I want to bring the best
product, price, and service to my customer, and I believe being a part
of the PrimeSource team gives me the best opportunity to do just that.”
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
24 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about our recent
growth, and what this can mean to our customers, staff, and
shareholders.”
For local information call Rene` Schmitt at (314) 220-7892 or e-mail her
at
rene@wewalkyouhome.com
PSMI OPENING BURNET, TEXAS OFFICE
Gretchen Denham Opens PSM Office
(Roswell, NM,
9/26/07) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches
Nationwide. PSMI proudly announces the opening of an independently owned
and operated PrimeSource Mortgage (PSM) Branch in Burnet, Texas, at 401
Buchanan Drive, Suite #1, Burnet, Texas 78611. Gretchen Denham, already
well-established in the community with contacts throughout the region,
is the owner and operator of this new PSM branch.
Denham recently completed her licensing requirements in the state of
Texas to become qualified to operate a PrimeSource branch. Denham is
very excited about the opportunity to build her branch throughout the
hill country of Texas, and bring the expanse number of products and
programs to the Burnet, Marble Falls, and surrounding communities.
Denham is aware of the many advantages that PrimeSource branches bring
to an area. With the large number of national mortgage banking firms
available to her, Gretchen will be able to bring those national products
directly to her neighborhoods with personal “we walk you home” service.
“This level of unprecedented customer service has been trademarked by
the company and has truly revolutionized the mortgage business” says
Denham.
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
24 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about our recent
growth, and what this can mean to our customers, staff, and
shareholders.”
For local information call Crystal Chavez at (505) 622-5113 or e-mail
her at
crystal@wewalkyouhome.com
PSMI OPENS ANOTHER OFFICE IN NEW MEXICO
Tammy Bowen Opens PSM Office
(Roswell, NM, 9/26/07) — PrimeSource
Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI
proudly announces the opening of an independently owned and operated
PrimeSource Mortgage (PSM) Branch in Hobbs and Lovington, New Mexico.
Tammy Bowen, already well-established in the community, and already an
existing owner of the Carlsbad, NM office is expanding and will be the
owner and operator of this new PSM branch.
Bowen attended the Carlsbad Independent school district as a child, went
on to attend the New Mexico State University in Las Cruces and is well
qualified to head up this mortgage-lending office.
After working at Wells Fargo Bank in the mortgage loan department, Bowen
decided she wanted to spend more time in a family run business. In 1995,
Bowen and her husband, Bobby, started a financial planning business.
They have decided to take that next step toward owning a second business
that will go hand in hand with their current business.
Bowen believes there are many advantages to being a part of the PSM
family. “Because PSMI has a stable of 80 qualified lenders, I do not
have to worry about trying to locate and find lenders with special
programs or better pricing,” said Bowen. “I like the backing of a larger
company with programs to put me above the competition, such as the NWBO
platforms and PUSHMX. I appreciate that PSMI is also licensed outside of
New Mexico which expands my own outreach.”
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
24 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about this
because it offers our customers and staff the opportunity to own a part
of our company.”
For local info. call Tammy Bowen at (505) 361-5290 or e-mail her at
tbowen@wewalkyouhome.com
PSMI OPENING CARLSBAD NM OFFICE
Tammy Bowen Opens PSM Office
(Roswell, NM, 9/26/07) — PrimeSource
Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI
proudly announces the opening of an independently owned and operated
PrimeSource Mortgage (PSM) Branch in Carlsbad, New Mexico, at 102 W
Hagerman. Tammy Bowen, already well-established in the community, is the
owner and operator of this new PSM branch.
Bowen attended the Carlsbad Independent school district as a child, went
on to attend the New Mexico State University in Las Cruces and is well
qualified to head up this mortgage-lending office.
After working at Wells Fargo Bank in the mortgage loan department, Bowen
decided she wanted to spend more time in a family run business. In 1995,
Bowen and her husband, Bobby, started a financial planning business.
They have decided to take that next step toward owning a second business
that will go hand in hand with their current business.
Bowen believes there are many advantages to being a part of the PSM
family. “Because PSMI has a stable of 80 qualified lenders, I do not
have to worry about trying to locate and find lenders with special
programs or better pricing,” said Bowen. “I like the backing of a larger
company with programs to put me above the competition, such as the NWBO
platforms and PUSHMX. I appreciate that PSMI is also licensed outside of
New Mexico which expands my own outreach.”
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
24 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about this
because it offers our customers and staff the opportunity to own a part
of our company.”
For local information call Tammy Bowen at (505) 361-5290 or e-mail her
at
tbowen@wewalkyouhome.com
PSM HOLDINGS INTENDS TO
BECOME A FULLY REPORTING COMPANY
(June 2007) – Roswell, New Mexico – PSM
Holdings (Ticker Symbol: PSMH), today announced intentions to become a
fully reporting company and moving the company from the pink sheets to
the OTCBB trading arena.
The company has retained the services of Ron Vance, Attorney At Law to
direct the potential move and handle all the required paperwork.
Jeffrey R. Smith, President & CEO stated, “This potential move from the
pink sheets to the OTCBB is a very important plateau for the company as
it demonstrates to our shareholders and the public that we are serious
and very committed in our goal of moving the company forward. We will
announce updates as they occur on a regular basis regarding the progress
we are making, upon completion of the required audit, we will then
immediately be filing the necessary documents with the SEC to become
fully reporting and trading on the OTCBB."
PrimeSource Mortgage, Inc., a wholly owned subsidiary of PSM Holdings
Inc, acts as an agent or broker for mortgage lenders in real estate
mortgage loan transactions, and solicits and receives applications for
secured loans. PSM Holdings is a publicly traded company under the
ticker symbol PSMH.
PrimeSource Mortgage is licensed in twenty-one states: Alaska, Arizona,
Arkansas, California, Colorado, Florida, Indiana, Kansas, Louisiana,
Oklahoma, Michigan, Minnesota, Missouri, Nebraska, New Mexico, Nevada,
Tennessee, South Dakota, Texas, Vermont and Wyoming.
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of PSM
Holdings.Inc, and members of its management as well as the assumptions
on which such statements are based. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results
may differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results.
INVESTOR CONTACT
ANDREW BARWICKI
516-662-9461
Jeffrey R. Smith
Nominated for Prestigious Award
Ernst & Young Celebrates Entrepreneurs
(Roswell, NM, 5/25/2007)
— For more than two decades Ernst & Young has been celebrating
entrepreneurs and the businesses they build and grow. Through their
distinguished tradition of selecting Ernst & Young Entrepreneur of
the Year®, the company honors the most successful and
innovative entrepreneurial business leaders in more than 40 countries
around the globe.
This prestigious award
recognizes the men and women who excel at what they do—pioneers and
innovators in their fields. The judging criteria includes an assessment
of recent financial performance, strategic direction, product or service
innovation, company leadership including personal integrity, values, and
key employee initiatives, as well as community involvement.
In March, 2007, Jeffrey
R. Smith, President and CEO of PrimeSource Mortgage, Inc. headquartered
in Roswell, New Mexico, was notified that he had been nominated for this
extraordinary award by James G. Stewart, Private Client Advisor for Banc
of America Investment Services of Albuquerque, New Mexico.
The nominee must be an
independent thinker—a man or woman with high standards relating to
himself or herself as well as the business—and exhibit great
determination to be successful. Persevering in the face of adversity,
overcoming obstacles, and willing to take risks in the face of
uncertainty are also required characteristics of a nominee.
Jeff Smith certainly met these criteria in his personal life and as he
grew PrimeSource Mortgage from a small one-branch mortgage shop to a
public company that has 26 branches throughout seven states and is
licensed in 21 states where he soon hopes to open PSM branches. His
goal is to have 40 branch locations by the end of 2007.
Early in
his banking career, Jeff took significant risk by giving up a stable,
long-term, W-2 wage-earning senior position with the banking industry to
embark 100% into self-employment in a related industry where he would
compete directly against the very stable industry he just left.
PrimeSource Mortgage began in 1991 when it was incorporated in Texas.
Jeff opened his own branch in Roswell, New Mexico, and later became the
owner and president in 1999. In the very beginning, Jeff developed the
customer-service policy: We Walk You Home ™, which is still a
high priority with him and all his branch owners today. By October
2005, the company went public and began trading shares on the
“over-the-counter” market, allowing every branch owner, customer, and
investor an ownership position in the company. The company remains
debt-free and, in spite of the down-turn in the housing business,
PrimeSource Mortgage is continually expanding its operation.
Finalists and winners in
the 26 regional “Entrepreneur Of The Year 2007” programs across the
United States will be announced at regional banquets held throughout the
country during the summer months. Regional award recipients are
eligible to participate in the national “Entrepreneur Of The Year”
awards, which will take place in Palm Springs, California, in November.
For
more information, contact Cindy Blake at (505) 622-5113 or
cblake@wewalkyouhome.com
PSMI LICENSED IN LOUISIANA
21 States Now on Board
(Roswell, NM, 4/25/07) — PrimeSource Mortgage,
Inc. (PSMI) is proud to announce that it has gained a license to do
business in Louisiana on April 19, 2007. This is our 21st state in which
we are now qualified to open PSM offices.
PSMI was incorporated 16 years ago in the state of Texas. Under the
strong, experienced management of Jeffrey R. Smith (President and CEO),
the company quickly expanded to become the leading mortgage company in
the Southwest. In 2005, this private company went public, allowing
investors, customers, and staff to own shares in this rapidly growing
company. Today PSMI is in the process of preparing for the next growth
surge by becoming licensed in states from coast to coast.
The twenty-one states now under the umbrella of PrimeSource Mortgage,
Inc. include the following: Alaska, Arizona, Arkansas, California,
Colorado, Florida, Indiana, Iowa, Kansas, Louisiana, Michigan,
Minnesota, Missouri, Nebraska, New Mexico, Nevada, Oklahoma, South
Dakota, Tennessee, Texas, and Wyoming.
If you are interested in
learning more about PrimeSource go to its customer site at
www.wewalkyouhome.com To learn more about purchasing
common stock, go to
www.pinksheets.com or contact
your local stockbroker using the symbol PSMH.
PSMI RECEIVES LICENSE IN CALIFORNIA
Opens West Coast for Expansion
(Roswell, NM, 4/10/07) — PrimeSource Mortgage,
Inc. (PSMI) announced that on April 3, 2007, the company received its
license to do business in California.
Jeffrey R. Smith, President and CEO, stated, "We are pleased to enter
the California market—one of the most prominent within the real estate
industry. This action opens up new opportunities on the West Coast,
allowing us to establish individually owned and operated PrimeSource
Mortgage branches across this great state.”
PrimeSource Mortgage, Inc., a wholly owned subsidiary of PSM Holdings,
Inc. (PSMH), acts as an agent or broker for mortgage lenders in real
estate mortgage loan transactions and solicits and receives applications
for secured loans. PSM Holdings. Inc. is a publicly traded company under
the ticker symbol PSMH.
To learn more about PrimeSource Mortgage, Inc. go to our customer site
at
www.wewalkyouhome.com
PSMI ACCREDITED IN IOWA
Unique Lending Programs Available
(Roswell, NM, 3/30/07) — PrimeSource Mortgage,
Inc. (PSMI), a wholly owned subsidiary of PSM Holdings, Inc. (PSMH), is
pleased to announce its continued expansion by gaining its license to do
business in Iowa on March 26, 2007.
PSMI, which began its mortgage brokerage operation in 1991, quickly
became the leading mortgage company in the Southwest. Today there are
more than two dozen individually owned and operated offices nationwide.
PSMI generates revenues by originating mortgage loans that are funded by
more than 75 national lenders from whom brokers are able to obtain the
most competitive rates available. Therefore, PSMI clients have the
distinct advantage of accessing unique lending programs to better
enhance their financing opportunities.
To learn more about PrimeSource Mortgage, Inc. go to their customer site
at www.wewalkyouhome.com
NEBRASKA NOW OPEN TO PSMI
License Obtained in March
(Roswell, NM, 3/25/07) — PrimeSource Mortgage, Inc. (PSMI) is pleased to
announce that the company just received its license to operate
individually owned and operated branches in the state of Nebraska as of
March 21, 2007.
Jeffrey R. Smith, President and CEO, said, “We are well on our way to
reaching our goal of being a licensed mortgage broker all across the
United States. Currently we have more than two dozen PSM branches
successfully operating in the West.
“More than 16 years ago at the incorporation of PSMI, we adopted the
motto Service before Profits. This extends to everyone we deal with, but
especially our customers with whom we strive to build lasting
relationships.”
To learn more about PrimeSource Mortgage, Inc. go to our customer site
at
www.wewalkyouhome.com
STATE OF WYOMING ADDED TO PSMI STABLE
More Expansion in the West
(Roswell, NM, 3/20/07) — On March 16, 2007, PrimeSource Mortgage, Inc. (PSMI)
received its license to operate branches in the state of Wyoming.
“We believe that PSMI has much to offer to the people of Wyoming,” said
Jeffrey R. Smith, President and CEO. “Our branches are individually
owned and operated, which means that customers receive professional
service and individualized attention of a local broker, assuring a
smooth and stress-free experience. Because we are a publicly traded
company, we can offer our customers the opportunity to own stock in
their mortgage company—a national organization. The residents of Wyoming
will have the advantage of getting in on the ground floor of a rapidly
growing company.”
To learn more about PSMI, go to our customer site at
www.wewalkyouhome.net
PSMI CERTIFIED IN MINNESOTA
Expanding into the Northern States
(Roswell, NM, 3/10/07) — On March 1, 2007, PrimeSource Mortgage, Inc., (PSMI)
a wholly owned subsidiary of PSM Holdings, Inc. (PSMH), received its
license to do business in Minnesota—the Trade Center of the Midwest.
“We are eager to serve the people of this northern state with over five
million population,” said President Jeffrey Smith. “PSMI will bring to
the people of Minnesota our unique products and services. New customers
can be assured of world-class service because of our dedication to our
We Walk You Home policy. We also offer to them a wide range of preferred
products because we work with 75 national wholesale lenders who give us
the best rates available for a variety of products.”
PSMI has experienced steady growth since its incorporation as a private
company in 1991. In October of 2005, PSM Holdings, Inc. (the parent
company) went public offering staff, customers, and investors the
opportunity to own shares in this expanding company.
To learn more about PrimeSource Mortgage, Inc. go to our customer site
at
www.wewalkyouhome.com
ICAN INSTITUTE SPEAKER IN FARMINGTON, NM
Deb Erickson Presents Stimulating Program
(Farmington, NM, 3/15/2007) — PrimeSource Mortgage (PSM) of Farmington,
New Mexico, is pleased to host a Personal Empowerment Program with Deb
Erickson who will be delivering her nationally acclaimed keynote
speech—Yes I CAN! The Attitude of Winners. This is an encore for Deb.
Some of you experienced her spectacular delivery in January and asked us
to bring her back.
The event will be held at the Farmington Public Library at 2101
Farmington Avenue. The three-hour, adrenaline-rush presentation begins
at 9:00 a.m. on Thursday, April 5. The community is invited but, since
seating is limited, tickets are needed: $20.00 per person, $15 for
Rotarians. All proceeds benefit the San Juan Rotary Club. You may
purchase your ticket at one of these five locations: PrimeSource
Mortgage, Animas Valley Insurance, Special K Fitness, State Farm
Insurance (Kent Wilson), San Juan Rotary Meetings.
For more information, contact Matt Lamoreux at (505) 327-5500.
PSM BRANCH OPENS IN LUBBOCK, TX
Life-time Resident to Serve Community
(Roswell, NM, 3/15/07) —PrimeSource Mortgage, Inc. (PSMI) continues to
expand its operations in the state of Texas and is pleased to announce
that on March 9, 2007, Zach Galbraith opened a PrimeSource Mortgage (PSM)
branch in Lubbock at 1120 West Loop 289 #229, Lubbock, TX 79416.
Zach Galbraith is not new to Lubbock or the mortgage business. He was
born in Lubbock and has been a resident there all his life.
After graduating from Lubbock Christian University in 2000 with a major
in business administration and marketing, he found employment in the
mortgage industry. He first became involved by servicing mortgage loans
for GMAC Homecomings Financial. In 2003, he worked for McAfee Mortgage
as a loan processor. In 2004 he was hired to be a loan officer for City
Bank in Lubbock. He left City Bank in March of 2006 to be Loan Officer
for MegAmerica Mortgage Lubbock, located inside Coldwell Banker.
Early in 2007, he envisioned owning and operating his own business.
After doing his due diligence, he decided that PrimeSource Mortgage
would be the perfect match for him. “PSM offers me the support that I
need as well as amazing tools,” Galbraith said. “The corporate staff has
been quick to respond to my requests, giving me plenty of answers to my
multitude of questions and has worked along beside me. I believe in
President Jeffrey Smith and the direction he is taking the company.”
In PrimeSource Mortgage, Zach also found the same values and goals that
shape his life. “I want to provide great service for my customers,” said
Galbraith, “helping families find the best loan in order to purchase a
home. I want to create customers for life and, therefore, I strongly
believe in the PSM slogan We Walk You Home! ™ and will make it the
hallmark of my Lubbock business.”
This PSM branch in Lubbock is one of 25 individually owned and operated
branches in the Southwest. PSMI is now licensed in 15 states. Its parent
company, PSM Holdings, Inc. (PSMH) is a publicly traded company, which
makes it possible for branch staff and customers to own a part of the
company.
For local information, contact Zach Galbraith at (806) 5484071 or
e-mail him at
zach@wewalkyouhome.com
ICAN INSTITUTE, INC. JOINS PSM TEAM
Deb Erickson Speaks at PSM Events
(Roswell, NM, 2/20/2007) — PrimeSource Mortgage, Inc. (PSMI)
is pleased to announce its strategic alliance with ICAN Institute, Inc.
(ICAN), a professional development and training company. Deb Erickson,
Founder and President of ICAN, is a nationally known speaker who
crisscrosses the country delivering her empowerment programs to support
PrimeSource Mortgage (PSM) branches in their development, helping them
achieve their full potential. This new alliance is timely as PSMI is
expanding its operations nationwide.
As Erickson travels for PSMI, her responsibilities for enhancing branch
growth are twofold. Deb works with branch owners by serving as their
professional success coach, by assisting with the development and
implementation of their growth plans, and by motivating and training the
staff. In addition, she supports their marketing efforts and boosts
branch awareness in their communities by offering her nationally
acclaimed keynote speeches to their local organizations and
corporations.
ICAN Institute was born out of a vision by Deb Erickson in 1990. She was
still teaching in the public schools when she first began focusing on
teaching empowerment skills to young people. In those early days, Deb
presented workshops and programs for national youth agencies and
organizations. By 1993, her reputation as an exceptional speaker and
trainer in the areas of team building, leadership skills, and personal
development began to spill over into the business community. Many
corporations have benefited by Deb’s seminars in management, marketing,
communication skills, and sales training. Some of her clients include
Honeywell, Inc., Wells Fargo Bank, Coca-Cola, Inc., Pizza Hut, Inc.,
Hyatt Regency Hotels, and Coldwell Banker Realtors.
PrimeSource Mortgage has experienced steady growth since its
incorporation in 1991 and quickly became a leading mortgage company in
the Southwest. Today there are more than 25 individually owned and
operated PSM branches. As a publicly traded company, it is now licensed
in 15 states, with applications in various stages of the process in many
more states.
PSMI President Jeffrey R. Smith said, “Teaming up with Deb Erickson and
ICAN Institute, Inc. is the ‘shot in the arm’ our company needs as we
continue to grow our network of branches in newly licensed states across
the nation.”
To contact Deb Erickson, call (505) 898-4400 or e-mail her at
deb@icaninstitute.com
PSMI HAS A DOZEN BRANCHES IN TEXAS
DS Financial Opens PSM Office
(Roswell, NM,
2/26/07) — PrimeSource Mortgage, Inc. (PSMI) proudly announces the
opening of its twelfth independently owned and operated PrimeSource
Mortgage (PSM) Branch in Texas. On February 1, 2007, the office in
Highland Village, Texas, at 2000 Highland Village Road Ste B, opened its
doors for business. Darren Speck, already well-established in this
community, is the owner and operator of this new PSM branch.
Speck, with a Bachelor of Science Industrial Technology degree from
Southwestern Oklahoma State University and a Masters of Business
Administration degree from the University of Texas at Arlington, is well
qualified to head up this mortgage-lending office.
After working ten years as an engineer with Lockheed Martin, Speck
decided he wanted to own his own business. In 1995, he started a
financial planning business. In 1999, after he earned his broker’s
license, he added the mortgage business to his operations at DS
Financial Group.
Speck believes there are many advantages to being a part of the PSM
family. “Because PSMI has a stable of 80 qualified lenders, I do not
have to worry about losing lender relationships if I have not sent them
enough volume,” said Speck. “I like the backing of a larger company with
programs to put me above the competition, such as the NWBO platforms and
PUSHMX. I appreciate that PSMI is also licensed outside of Texas which
expands my own outreach.”
Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became
a leading mortgage company in the Southwest and is currently licensed in
15 states. One reason for the growth and success of this company is its
commitment to personalized customer service embodied in the motto: We
Walk You Home. Because the mortgage process is so complex and often
confusing, the company has chosen to walk hand-in-hand with each client
through the entire process.
PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded
company; over-the-counter (OTC) shares became available in October 2005.
Ron Hanna, Chairman of the Board, said, “We are excited about this
because it offers our customers and staff the opportunity to own a part
of our company.”
For local information, call Darren Speck at (972) 966-6700 or e-mail him
at Darren@dsfmortgage.com
PSMI OPENS CELINA BRANCH IN TEXAS
Toole Father and Son to Operate the Business
(Roswell, NM,
2/15/07) — PrimeSource Mortgage, Inc. (PSMI) continues to open new
branches in Texas. On January 2, 2007, John N. Toole opened the Celina
branch, located at 1771 S. Preston Road in Celina, Texas.
Although John N. is the owner, his plan is to turn the company over to
his son, John A. Toole, in two to five years after the company is
established and successful in the community. In the meantime, under the
tutelage of his father, John A. will be the branch operations manager.
Andrew Byers, who also owns the Open Door Delta Grill in Celina, is the
sales manager.
Toole senior began as a farmer and rancher in Texas. Then he branched
out into a number of businesses. He owned and operated several private
businesses, including SwifT convenience stores and several auto
dealerships (Chevy, Nissan, and Oldsmobile). His entrepreneurial spirit
and skills caused him to explore other business opportunities. He was a
custom-home builder and developer, was involved in the oil and gas
business, and owned and operated the Old American Insurance Company.
Toole is looking forward to this new adventure and is optimistic about
the mortgage and loan prospects in Texas. He joined the PSM family
because he believes that PSMI is the best fit for his personal needs as
well as those of the people in Celina. He is excited about the
association with the network of branches, the resources and support of
the corporation, and yet the freedom to make his own decisions. Even
though the business is only a month old, the Tooles have several loans
in the pipeline.
PSMH—a publicly traded company—has been a leading mortgage company in
the Southwest for many years and is now expanding its borders, reaching
from coast to coast. PSMI is now licensed in 15 states. In addition to
these individually owned branches that offer quality mortgages locally,
PSMI is planning to open a National Processing Center in 2007 to process
mortgages nationwide.
For local information, call John Toole at (972) 382-3111 or e-mail one
of them at
jtoole@wewalkyouhome.com
or
bigjohn@wewalkyouhome.com
PSMI LICENSED
IN SOUTH DAKOTA
Opening the Northwest
(Roswell, NM,
02/26/07) — On February 22, 2007, PrimeSource Mortgage, Inc., (PSMI) a
wholly owned subsidiary of PSM Holdings, Inc. (PSMH) received its
license to do business in South Dakota.
Ron Hanna, Chairman
of the Board of Directors, said, “We are excited about the opportunities
open to us as we enter the Northwest area. With each state we add to
our stable, it is helping us achieve our over-all-growth plan of
expanding until we are able to serve customers from coast to coast.”
“We have many
programs to offer people in South Dakota,” said President Jeffrey R.
Smith. “Because of our size and reputation, we have available to us over
75 national wholesale lenders from whom we can obtain preferred pricing,
best interest rates, and a wide range of programs and products that can
be tailor-made to meet customers’ needs. Because we use the latest
technology with a wide range of web-based support systems, we have the
ability to create strategic alliances to help customers repair their
credit, sell a home, obtain a mortgage, or secure a loan. “
PSMI, which began in 1991, has been a leading mortgage
company in the Southwest for more than a decade. Now, as a
publicly traded company, it is expanding its operations into the
Northwest and is currently licensed in 15 states.
BRANCH ADVISORY COUNCIL FORMED
Chairman and Members Named
(Albuquerque,
NM, 2/01/2007) — In January of 2007, The PrimeSource Mortgage Board
of Directors created a Branch Advisory Council (BAC). The mission
of this council is to communicate with branch owners to learn about
their needs, interests, concerns, and wants which will then be made
known to the Board of Directors through their liaison—the Chairman
of the Branch Advisory Council.
The Chairman
The Board
has chosen Sean McMurtry to head up the BAC. He is well qualified
for this post. In 2003, McMurtry opened a PSM branch in
Albuquerque, New Mexico. This experience as co-owner and co-manager
has given him a deep understanding of how to launch, develop, and
operate a successful mortgage business. His common sense approach
to business, his openness to work with others, and his ability to
communicate effectively will make him a competent leader.
In addition to
his PSM expertise, McMurtry brings to this position the acumen and
insight gained through 12 years of extensive business experience in
management and ownership of two General Motors car dealerships in
Roswell, New Mexico. He is a profit-performer—always striving for
substantial, sustainable results and exceeding organizational
objectives.
The Members
Each year several branch owners will be chosen to serve on
the council. These members will represent a wide range of branch
circumstances, such as new and established branch owners; those in
both small and large market areas; those doing traditional business
and those pushing the leading edge in their approach.
Branch owners,
appointed to serve in 2007, are as follows:
·
Gary
Scott, Artesia, New Mexico
·
David
Rieff, Amarillo, Texas
·
Matt
Lamoreux, Farmington, New Mexico
·
Shelly McEntire, Las Cruces, New Mexico
·
Chris
Brey, California
The Method
Each member will be
assigned branches in his/her category. BAC members will communicate
with their groups through a Web forum or by phone. Once a month,
the BAC chairman will conduct a phone conference when the members
will discuss the requests of branch owners in their groups. The
council will then discuss, evaluate, and summarize the requests of
their respected branches. This group is not a decision-making body
or policy-setting group; it is basically a voice to the Board that
says, “This is what my constituents need or want.”
The Chairman of the
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