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PSMI 18TH
ANNUAL CONFERENCE IN ALBUQUERQUE, NM The conference included some incredible speakers including Dr. Steve Greene, Dean of the School of Business at Oral Roberts University, Greg Frost, one of the largest mortgage producers in the country, and several other industry leading speakers.
During the conference, many of the changes occurring in
the mortgage industry were discussed at length. The overwhelming
perception that was derived from the weekend was the fact that with 75%
fewer loan originators in the marketplace, the "survivors" are now
positioned beautifully for the return of the origination market in 2010
and 2011. Optimism returned to an all-time high as the conference was
drawn to a close. Jeff Smith commented “I would like to personally thank each of the speakers and participants at this year's conference for their commitment to excellence. I look forward to the difference each made in the lives of the attendees.” About PSM Holdings, Inc. PSM Holdings, Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking services across the United States. PSMI is currently licensed in 17 states from Florida to California, and oversees the operations of more than 34 branches across the United States. Contact:
Jeffrey R. Smith, President and CEO
575-624-4170
jeff@wewalkyouhome.com
PSMI OPENS NEW
OFFICE IN BELTON, TX “The Belton branch offers PSM the unique opportunity to help our service men and women with their home financing needs. We take pride in being able to assist this market.” said Jeffrey R. Smith, President and CEO of PSM Holdings, Inc. “These experienced mortgage professionals at this branch are well suited to help this group of individuals.” PSMI is licensed in 18 states, and have over 35 branch offices across the United States. PSMI is in the processes of finalizing licensing in the state of Virginia which will bring licensing to a total of 19 states. PSMI has an aggressive growth model for 2010 to continue to expand their network across the country. Incorporated in 1991, PrimeSource Mortgage, Inc. quickly became a leading mortgage company in the Southwest and is currently licensed in 18 states from California to Florida. 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. “Our company has seen continued growth despite the downturn in the mortgage industry,” said Smith. “Our commitment to growth, while providing unprecedented customer service, has enabled us to attract some of the best mortgage professionals in the country, and expand our national footprint.” About PSM Holdings, Inc. PSM Holdings, Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking services across the United States. PSMI is currently licensed in 17 states from Florida to California, and oversees the operations of more than 34 branches across the United States. For more information, Contact: Jeffrey R. Smith, President and CEO 575-624-4170jeff@wewalkyouhome.com PSM Holdings, Inc. Announces Dramatic Increase in Revenue ROSWELL, N.M. 12-10-2009--(BUSINESS WIRE)--PrimeSource Mortgage, Inc. (PSMI) announces increase in revenues for the month of October, 2009.
Gross revenues increased from 218,407.37 to 335,530.62
from September, 2009 to October, 2009. This significant increase of
over 53% in only one month is due primarily to the new branches that
have been brought in over the past several months. They are mature
branches with years of experience behind them. Also, improving factors
in the real estate markets have increased the number of applications. “The Kentucky branch brings years of experience and knowledge to the PSM network,” said Jeffrey R. Smith, President and CEO of PSM Holdings, Inc. “The staff at the new branch is comprised of well established, sought after mortgage professionals. PrimeSource Mortgage is finalizing its licensing in the state of Kentucky so the new office can completely transition their operations to PSMI. License approval expected within the next two weeks. PSMI will be licensed in 18 states, and have 35 branch offices across the United States once the licensing in Kentucky is finalized. Incorporated in 1991, PrimeSource Mortgage, Inc. quickly became a leading mortgage company in the Southwest and is currently licensed in 17 states from California to Florida. 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. “Our company has seen continued growth despite the downturn in the mortgage industry,” said Smith. “Our commitment to growth, service, and remaining debt-free has enabled us to attract some of the best mortgage professionals in the country, and expand our national footprint.” About PSM Holdings, Inc. PSM Holdings, Inc.,
through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI)
provides mortgage brokerage and banking services across the United
States. PSMI is currently licensed in 17 states from Florida to
California, and oversees the operations of more than 34 branches across
the United States.
(Roswell, NM, 10/28/09) — PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company in the southwestern United States, and a wholly owned subsidiary of PSM Holdings, Inc., (OTCBB: PSMH) today announced the opening of a new branch office in Missoula, Mont. The new branch office is located at 2825 Stock Yard Rd., Suite A14 in Missoula, and will be led by Christina Witt, an experienced mortgage banker who has been in business many years there. “Christina runs a high volume office and will be a definite asset to the PrimeSource network,” said Jeffrey Smith, President and CEO of PSM Holdings, Inc. Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage company in the Southwest and is currently licensed across the nation from California to Florida. 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. (OTCBB: PSMH), the parent company, became a publicly traded company in October 2005. As of October 27th, 2009, PSMH has transitioned to become traded as an Over-The-Counter Bulletin Board (OTCBB) stock. About PSM Holdings, Inc.
PSM Holdings,
Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI)
provides mortgage brokerage and banking services across the United
States. PSMI is currently licensed in 17 states from Florida to
California, and oversees the operations of more than 34 branches across
the United States.
As of 3:17 PM ET 10/26/09 PSM Holdings, Inc. (OTC Bulletin Board: PSMH, a leading mortgage brokerage and banking company with more than 30 independently owned branches across the United States, today announced that it has received approval from the Financial Industry Regulatory Authority (FINRA), and is eligible for quotation and trading on the Over-the-Counter Bulletin Board (OTCBB) under the same ticker symbol effective October 26, 2009. "The listing of our stock on Over the Counter Bulletin Board represents the first of several building blocks to position the Company for future growth," said Jeffrey Smith, President and Chief Executive Officer of PSM Holdings, Inc. PSM Holdings, Inc. conducts its business operations through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI), which began its mortgage operations in 1991. PSMI quickly became one of the leading mortgage companies in the Southwest, attracting various mortgage operations all over the United States. PSMI is licensed in 17 states from Florida to California and has grown adding nine new branches since January of 2009, 16 new branches since January of 2008, with an estimated 40 branches by the end of 2009. "Our company has managed to not only stay afloat, but prosper during one of the most challenging times in our industry," said Smith. "Our listing on the OTCBB is another example of our commitment to growth, remaining debt-free, and building shareholder value." About PSM Holdings, Inc.
PSM Holdings, Inc.,
through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI)
provides mortgage brokerage and banking services across the United
States. PSMI is currently licensed in 17 states from Florida to
California, and oversees the operations of more than 34 branches across
the United States.
(Roswell, NM, 09/25/09) — PrimeSource Mortgage, Inc. (PSMI) continues to grow nationally. During this month of September, the company is announcing the opening of three (3) new branches across the country, and three more offices are in final stages with an expectation of opening by October 31, 2009. First, located in Texarkana, Texas, Julie McCown and her team come highly recommended to PrimeSource Mortgage by one of PSM’s top lenders in the State of Texas. Julie brings with her years of experience and a wide array of knowledge in originating conventional, FHA, VA, Construction and Rural Development loans. Second, the office in Albuquerque, NM is being operated by Ambrose Chavez. Mr. Chavez comes to the network with a great deal of experience, beginning in the mortgage industry in 1992. He is expected to be a wonderful asset to the PrimeSource Mortgage network. The third branch office announcing their move to the PrimeSource network is located in Rio Rancho, New Mexico. This office will be operated by two strong loan producers in Luis Pedroza and Tina Krupar. Both of these fine individuals have been operating in the Rio Rancho area, and look forward to a long and mutually beneficial relationship with PSM. These three offices bring the total number of branch offices to 34. As stated previously, PSM is in the final stages of bringing on three more mortgage operations that are presently producing in Montana, Kentucky, and California. PSM Holdings, Inc. (PSMH), the parent company, is a publicly traded company, over-the-counter (OTC). PSMH has made application to the OTC Bulletin Board, and expects approval next month. Jeffrey Smith, President & CEO, said, “We are excited about the significant growth in our company, while remaining debt free. This growth will add dramatically to our bottom line.” For local
information call Jeff Smith, President & CEO at 575-624-4170 or
jeff@wewalkyouhome.com
(Roswell, NM, 06/30/09) — PrimeSource Mortgage, Inc. (PSMI)
continues to open branches Nationwide. PSMI proudly announces the
opening of an independently owned and operated (PSM) Branch in Graham,
TX. The Baca’s are well established in their community. They are extremely active in their Church. Chris is a member of the Lion’s Club and is a Little League basketball and baseball coach. The Baca’s are excited about opening their PrimeSource Mortgage office and about the additional resources PrimeSource Mortgage will offer clients in their community. Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage company in the Southwest and is currently licensed in 20 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. Jeffrey Smith, President & CEO, said, “We are excited about the continued growth we are seeing in our company. The Baca’s are quality individuals joining our network that strengthens our branch ownership ranks”. For local
information call Jeff Smith, President & CEO at 575-624-4170 or
jeff@wewalkyouhome.com
(Roswell, NM, 06/03/09) — PrimeSource Mortgage, Inc. (PSMI) continues to grow despite the difficult economic times. PSMI is licensed in 21 states with physical offices in 9 of those states. PSMI has recently expanded their Flower Mound office into two offices, Flower Mound and Keller. The Flower Mound office will continue to be owned and operated by Bob Scheinman while the Keller office will be owned and operated by Scott Chronister. With the growing business of their Flower Mound office Bob and Scott felt that they could help more customers by forming two offices in order to expand their presence in the DFW Metroplex. Bob Scheinman has remained in Flower Mound and will continue to operate under the DBA Liberty Mortgage. Scott Chronister has moved to Keller and is now operating under the DBA Access Mortgage. Both Bob and Scott see this move as positive due to the growth they are experiencing and look forward helping one another during the transition. 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. For local information call Jeff Smith, President & CEO at 575-624-4170 or jeff@wewalkyouhome.com
PSMI OPENS OFFICE IN
SAN ANTONIO, TX (Roswell, NM, 05/19/09) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in San Antonio, TX. Lois Pariseau, already well-established in the community since 2001, is the owner and operator of this new PSM branch. Pariseau began in the industry in 1992 as a realtor in the San Antonio area. From 1992 to 2001 she focused on real estate. In 2001 Pariseau decided to become a mortgage broker and obtained her license as a loan officer. Shortly thereafter, she became a broker and launched her own business in 2006. Pariseau designed and implemented policies, procedures, budgets and marketing campaigns for her new office. Pariseau is involved with her local community. She is affiliated with the San Antonio Mortgage Brokers Association, the National Association of Professional Mortgage Women, the Texas Association of Mortgage Brokers, the Encino Park Women’s Association and the San Antonio Chamber of Commerce. Pariseau is excited about the additional resources PrimeSource Mortgage will offer in order for her to help more clients in her community. 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. Jeffrey Smith, President & CEO, said, “We are excited about the continued growth we are seeing in our company. Lois Pariseau is another quality individual joining our network that strengthens our branch ownership ranks”.
PSMI OPENS OFFICE IN
BEAUMONT, CA (Roswell, NM, 04/28/09) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Beaumont, CA. Diane Worden, already well-established in the community, is the owner and operator of this new PSM branch. Worden, with over 20 years of mortgage experience, is well qualified to head up this mortgage-lending office. Worden entered the mortgage industry in 1988 shortly after selling a chain of retail stores. Worden’s husband was in real estate and Worden has always enjoyed the financial side, so the mortgage industry was the natural fit. Worden has maintained the training and licensing requirements necessary to hold a DRE license in California which will allow PrimeSource Mortgage to become a DRE licensed broker in California. This will allow PrimeSource Mortgage the opportunity to present our customers with more options when choosing their mortgage. Worden has been active with the Chamber of Commerce for many years and is active in business development through the Chamber. Worden is passionate about her work and states that she has built her business on “doing what’s right for the customer.” Worden enjoys listening to her customers needs to find the best loan to meet their needs. Worden states that her reward is the knowledge that she has done a good job for her customers and placed them in the perfect mortgage which meets their needs. 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. Jeffrey Smith, President & CEO, said, “We are excited
about the continued growth we are seeing in our company. Diane Worden
is another quality individual joining our network that strengthens our
branch ownership ranks”. (Roswell, NM, 02/23/09) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Plano, Texas. Sandra Mabry, already well-established in the community, is the owner and operator of this new PSM branch. Mabry, with over 15 years of mortgage experience, is well qualified to head up this mortgage-lending office. Sandra is bilingual and a licensed mortgage broker in both Texas and Florida. Sandra began her mortgage career in 1994 and has covered every facet of mortgage lending. She has processed, originated and managed a brokerage office. Mabry is excited to continue to make the dreams of many come true with her new relationship with PrimeSource Mortgage. Mabry feels that she is stronger in today’s challenging market because of the support of the PrimeSource network. 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. Jeffrey Smith, President & CEO, said, “We are excited about the continued growth we are seeing in our company. Sandra Mabry is another quality individual joining our network that strengthens our branch ownership ranks”. PSMH BRINGS ON NEW BRANCH OWNER Tammy Howard Opens PSM Office which will operate business in California and Georgia (Roswell, NM, 2/18/09) — PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of a new independently owned and operated (PSM) Branch. Tammy Howard has tremendous experienced in the industry, is very well established in several states and is the newest PrimeSource Mortgage branch owner. Tammy brings over 20 years of experience and knowledge in the mortgage industry to PrimeSource Mortgage. Tammy began in the mortgage industry as a Loan Processor, quickly became a Loan Officer and has 10 plus years of experience as a Branch Manager of a top producing brokerage office. Tammy received a B.S. in Business Management from the University of Maryland and is also a licensed CPA. Tammy is well networked in several states due to her husband’s long term career in the United States Army. Tammy will operate business in both California and Georgia, with her existing teams already in place. Tammy now resides in Roanoke, VA after her husband recently retired from the Army. Once PSM is licensed in Virginia Tammy will begin originating in Virginia as well. Tammy will cover a three state territory and is well equipped for the challenge. 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 a publicly
traded company; over-the-counter (OTC) shares became available in
October, 2005. Jeffrey Smith, President & CEO, said, “We are excited
about the continued growth we are seeing in our company. Tammy is yet
another great example of the high quality of individuals joining our
network which strengthens our branch ownership ranks”. Jeffrey R. Smith Earns Lending Integrity Seal of Approval Achieves Status For Professionalism in the Mortgage Business
Dallas, TX – 1/5/09 – PrimeSource Mortgage today announced that Jeffrey R. Smith has earned the Lending Integrity Seal of Approval from the National Association of Mortgage Brokers (NAMB). The new seal recognizes individual brokers and loan officers who meet the industry’s highest standards for knowledge, professionalism, ethics and integrity.
“I am proud to bestow this symbol of excellence on Jeff Smith,” said George Hanzimanolis, President of the National Association of Mortgage Brokers. “By earning this recognition, Jeff has demonstrated a strong commitment to achieving the highest ethical standards in the mortgage business.”
In order to display the Lending Integrity Seal, a broker or loan officer must:
· Pass a national criminal background check. · Possess a state license or registration. · Submit three business references · Attend professional education, including ethics training. · Live up to NAMB’s Code of Ethics and Standards of Best Business Practices · Pledge to abide by NAMB’s formal ethics grievance review process.
When a loan officer or broker displays the Seal, it means they have voluntarily met the only national standards for mortgage originators, established by the National Association of Mortgage Brokers.
“The Lending Integrity Seal of Approval is transforming the mortgage industry,” Hanzimanolis said. “We believe it will soon become to the mortgage industry what the Good Housekeeping Seal of Approval is to the makers of consumer products.”
For more information on the Lending Integrity Seal of Approval, visit www.lendingintegrity.org
Contact Jeffrey R. Smith at jeff@wewalkyouhome.com
The National Association of Mortgage Brokers
is the voice of the mortgage broker industry with more than 25,000
members in all 50 states and the District of Columbia. NAMB provides
education, certification and government affairs representation for the
mortgage broker industry, which originates over 50% of all residential
loans in the United States. (Roswell, NM, 12/01/08) — PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Van Buren, Arkansas. Julie Dietz-Watson and Rachel Lessley are experienced in the industry, very well established in their community and surrounding areas and are the owners and operators of this new PrimeSource Mortgage branch. Julie Dietz-Watson brings 28 years of experience and knowledge in the mortgage industry to PrimeSource Mortgage. Beginning in New Mexico, Midland and then Austin, TX, Julie has held positions as a branch manager, loan originator, auditor and closer. Julie has extensive marketing and training experience with some of the nation’s top producers, real estate agents and motivational speakers in the country. Julie has taken her knowledge in these areas and written “Master Mortgage System” to educate and share her knowledge with loan officers and real estate agents. Rachel Lessley brings 11 years of experience and knowledge in the mortgage industry in her home town in the River Valley. Rachel began in the title business as a loan closer, processor and title search assistant. Recruited by a mortgage company, her talent soared from a mortgage loan processor to branch manager of ten loan officers. Julie and Rachel bring 35+ years of experience to the PrimeSource network. They are a superior team and offer superior service and knowledge in all aspects of lending! 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 a publicly traded company;
over-the-counter (OTC) shares became available in October, 2005.
Jeffrey Smith, President & CEO, said, “We are excited about the
continued growth we are seeing in our company. Julie and Rachel are
quality individuals joining our network which strengthens our branch
ownership ranks”. (Roswell, NM, 10/28/08) — PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Ft. Worth, Texas. Bill Ward is experienced in the industry, very well established in his community and is the owner and operator of this new PSM branch, operating under the name, American Reverse Mortgage. Ward brings many years of financial experience to the PrimeSource team, including operating an accounting practice for fifteen years, as well as being involved in real estate. Ward was elected a County Judge in 1967 at the age 27 and was the youngest County Judge in Texas at the time. Ward also has the distinction of being appointed by Governor Dolph Briscoe to serve on the Texas Civil Judicial Council. After 35 years of serving as County Judge, real estate investing, and mortgage loan business – Ward said that the Reverse Mortgage loan business became his passion. Ward found that the benefits and blessing of assisting his fellow seniors improve the remainder of their lives was his true calling. Ward is excited to continue to make the dreams of many come true with his new relationship with PrimeSource Mortgage. Ward feels that he is stronger in today’s challenging market because of the support of the PrimeSource network. 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. Jeffrey Smith, President & CEO, said, “We are excited about the continued growth we are seeing in our company. Mr. Ward is another quality individual joining our network that strengthens our branch ownership ranks”. PSM Holdings, Inc. (PSMH) executes memorandum of understanding (MOU) referencing the planned execution of a merger agreement. (Roswell, NM, 10/21/08) — PSM Holdings, Inc. (PSMH) executes memorandum of understanding (MOU) referencing the planned execution of a merger agreement. This agreement would combine two outstanding financial services companies bringing PSMH to a highly sought after, financially strong and efficient company. PSMH anticipates an acquisition of Complete Financial Services, Inc. (CFSI) which combined with its already wholly-owned PrimeSource Mortgage, Inc. (PSMI), would bring a total combined 122 offices in approximately thirty (30) states and allow for the company to expand into a position to seek favored status with the U.S. Government “Bail-out” program. CFSU provides many different financial services including title and escrow services, a complete mortgage processing organization, as well as nearly 100 mortgage origination offices throughout the country, which will allow for significant savings to its client base by offering “one-stop” shopping. Neither company, CFSI or PSMI, was affected by the highly publicized sub-prime lending debacle. Each was fortunate to not have any bad loan assets on their books. This again, allows for the combined new entity to surface in a clean, strong fashion positioned moving strongly, and profitably into the future. PSMH was successful in negotiating a national marketing campaign to promote this new combined company effort to be kicked off in Tampa at the Super Bowl in late January. PSMH has made application, and is presently in the “comment period” with the SEC to become a fully-reporting company listed on the bulletin board. This bold move only goes to the long-term vision of this company and the positive direction management has chosen to take this company. “We are excited about the many possibilities with regards to this potential merger. Many impending strategies including opening doors to the licensing in all 50 states are already being pursued”, said Ron Hanna, PSMH Chairman of the Board. “Our new team and direction will be aggressive, and yet most prudent. We will reach out and bring in independent brokers and other smaller companies under our umbrella to continue to strengthen our company”, Hanna added.
“This is only the first step of many positive ones to come for these
companies. We anticipate more news in the coming days ahead”, Hanna
concluded. (Roswell, NM, 10/08/08) — PrimeSource Mortgage, Inc. (PSMI) is proud to announce that it has gained a license to do business in Washington State on September 26, 2008. PSMI is now licensed in 22 states across the nation. PSMI was incorporated 17 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-two states now under the umbrella of PrimeSource Mortgage, Inc. include the following: Alaska, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, New Mexico, Oklahoma, South Dakota, Tennessee, Texas, Washington and Wyoming. PSMI has continued growth both operationally and financially. PSMI has just finished their third consecutive quarter of continued growth in revenues, during a most tumultuous year in the mortgage industry. For local
information call Jeff Smith, President & CEO at 575-624-4170 or
jeff@wewalkyouhome.com
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. 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 GRANBURY, TX (Roswell, NM, 8/13/08) — PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Granbury, Texas. Martha Walters, experienced in the industry, and established in her community, is the owner and operator of this new PSM branch, operating under the name, New Frontier Financial. Walters, with over twenty years of mortgage experience has worked as a real estate agent both on her own and with national companies. Specializing in new home sales from the mid 70’s through the late 80’s Walters was already very familiar with the mortgage process. Walters decided to take a position with a California based savings and loan bank as a loan officer. After gaining significant experience in loan originating, and with her real estate background, Walters stepped out and opened her mortgage broker business. With today’s market and PrimeSource’s proven avenue to success, Walters quoted, “the mortgage business carries a sense of satisfaction of truly making a difference in people’s lives. Today’s market holds challenges for all of us and we try our best to serve our clients to the best of our ability. I look forward to my new relationship with PrimeSource Mortgage and feel that I am stronger in today’s challenging market because of their support.” 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. Jeffrey Smith, President & CEO, said, “We are excited about the continued growth we are seeing in our company. Ms. Walters is another quality individual joining our network that strengthens our branch ownership ranks”.
PSMI OPENING OFFICE IN FLOWER MOUND, TX (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 ourXcompany.” PSMI OPENING OFFICE IN MIDLAND, TX (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 (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
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
(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
(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.”
(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
(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
(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
(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
(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 (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
(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 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.” 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
(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.
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.
PSMI RECEIVES LICENSE IN CALIFORNIA
NEBRASKA NOW OPEN TO PSMI
PSMI CERTIFIED IN MINNESOTA
PSM BRANCH OPENS IN LUBBOCK, TX
PSMI OPENS CELINA BRANCH IN TEXAS (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.
(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.
The Members · 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
The Goal (Albuquerque, NM, 1/26/2007) — On January 18, 2007, PrimeSource Mortgage, Inc. opened its 15th National Conference held at the Embassy Suites in Albuquerque, New Mexico. Coming from seven southwestern states, representatives from PSM branches (as well as prospective branches) attended this three-day event. On Thursday and Friday, prominent speakers from the mortgage industry and real estate arena, as well as PrimeSource Mortgage staff and officers, delivered educational workshops and inspiring, informative seminars. Among those speakers were Don Exley, Trainer and President of Mortgage Technology Institute; Stephen Breden from TerraSoft Solution; Rick Roque, PushMX; Cary Hise and Bob Duane from NationwideByOwner; Bobbi Jacobus with First Advantage; Kati Hanna, Strategic Solutions; and Deb Erickson, ICan Institute. Other highlights of the conference were the announcements by corporate headquarters concerning the new support programs offered to branch owners. These services include software programs to improve operations and increase marketing options, organization of the Branch Advisory Council, and a renowned speaker available to promote the business and develop staff. On Saturday morning, branch owners met with representatives from several lenders in roundtable discussions where lenders explained the programs, services, and options they offer. President Jeffrey Smith explained, “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 branch owners can tailor to meet their customers’ needs.” President Jeffrey Smith and Board Chairman Ron Hanna hosted the Awards Dinner, recognizing branches for exceeding expectations and outstanding achievements. Plaques, along with Company stock, were awarded as follows: · Leadership award was presented to two branches: David Rieff of Amarillo, Texas; and Gary Scott of Artesia, Texas. · Rookie of the Year award was presented to Barbara Hall of Big Spring, Texas. · Top-Producing Branch award went to the Roswell, New Mexico branch. · Branch of the Year award was given to Sean McMurtry and Tom Mahoney of the Albuquerque, New Mexico branch. At the closing session President Jeffrey Smith and Chairman Ron Hanna announced the goals for 2007 and challenged branches to build on that vision. Branch owners left the convention determined to start the New Year focusing on accelerating the pace, improving performance, and finishing better than ever before. (Roswell, NM, 1/11/07) — On January 4, 2007, PrimeSource Mortgage, Inc., (PSMI) a wholly owned subsidiary of PSM Holdings, Inc. (PSMH) received its license to do business in Kansas. This action opens up new opportunities in the Midwest, allowing us to establish individually owned and operated PrimeSource Mortgage branches across this state. “We are excited to bring to the state of Kansas our unique service trademark: We Walk You Home™,” said President Jeffrey Smith. “New customers can be assured that PSMH will continue to embrace this creed as the foundation of our customer-service philosophy as we do business in Kansas. In addition, because of our size and reputation, we have available to us over 75 national wholesale lenders from whom we can obtain a wide range of preferred products for our customers.”
PSMI is now licensed in fourteen states (Alaska, Arizona,
Arkansas, Colorado, Florida, Indiana, Kansas, Oklahoma, Michigan,
Missouri, New Mexico, Nevada, Tennessee, and Texas.). The goal of
PSMI is to be able to offer world-class service to customers from
coast to coast.
(Bullhead, AZ, 12/07/06) — PrimeSource Mortgage, Inc. continues its expansion in Arizona. On November 1, 2006, Orville and Susie Brey opened a PSM branch in Bullhead City, Arizona, located at 2065 Highway 95, Suite 35. The Breys are not newcomers to the PrimeSource Mortgage family. In the early 1990’s Orville and Susie owned and operated a PSM business, first in Los Lunas, New Mexico, and later in Belen, New Mexico. They rejoin now to open a family business with Chris Brey as senior loan consultant and Tracy Brey as loan consultant. Orville is confident of their success because he knows and appreciates the company as well as the moral character and integrity of the president, Jeffrey Smith. Brey believes strongly in PSM’s broad investor base, preferred product pricing, home office support, and special programs such as the one offered through PSM’s alliance with NationwideByOwner, Inc. (NWBO)—all of which will be of great assistance in getting his business up and going in the shortest possible time. Orville stated, “I want to get this office established in the community. We will be aggressive in developing this business by providing referrals to Realtors and builders through our NWBO alliance, by being sure that the clients of these Realtors and builders have a wonderful experience, and by bringing new products and ideas to the local market.” Brey has many years of experience in a variety of financial institutions and related mortgage businesses. He has worked as a banker, a real estate appraiser, partner in a title company, owner of a mortgage company, and owner of a retail business. PSM Holdings, Inc. (PSMH), the parent company, is a publicly traded company and has been a leading mortgage company in the Southwest for many years. The company is now licensed in 13 states and continues to obtain licenses in states from coast to coast. In addition to the individually owned branches that offer quality mortgages locally, PSMI is in the process of opening a National Processing Center to process mortgages nationwide. For local information, contact Orville Brey at (928) 704-1770 or orville@wewalkyouhome.com
PRIMESOURCE MORTGAGE,
INC. LICENSED IN FLORIDA
(Roswell, NM, 12/01/06) — PrimeSource Mortgage, Inc., (PSMI) a wholly owned subsidiary of PSM Holdings, Inc. (PSMH) recently received its license to do business in Florida. This action opens up new opportunities. PSMI will not only be able to secure low-cost mortgage loans for Florida customers, but will now be able to add reverse mortgages to its stable of loans. The Board of Directors is pleased to announce that PSMI has entered this market in Florida—the No. 1 state for selling reverse mortgages. “We are excited to bring to the state of Florida our unique “We Walk You Home” service trademark that has contributed to PrimeSource Mortgage’s outstanding reputation and continued growth,” said President Jeffrey Smith. “This commitment gives each of our PrimeSource Mortgage offices throughout the country a strong advantage in the marketplace. It assures our customers of world-class service from their first encounter through the closing and even beyond.” The company
continues to experience significant growth as it becomes licensed
across the country. PSMI is now licensed in thirteen states
(Alaska, Arizona, Arkansas, Colorado, Florida, Indiana, Oklahoma,
Michigan, Missouri, New Mexico, Nevada, Tennessee, and Texas.).
The process of obtaining licenses in five more states is almost
completed. The goal of PSMI is to be able to serve customers from
coast to coast.
(San Antonio, TX, 11/30/06) — PrimeSource Mortgage, Inc. is pleased to announce the opening of its ninth branch in the State of Texas. Owner Kevin Hughes opened his business at 9901 on I-10 West in San Antonio on September 1, 2006. Kevin is a graduate of Eastern New Mexico University in Portales, New Mexico. Among the previous occupations that have prepared Hughes for owning and operating his own business are his position as an Account Executive for HSBC Beneficial in Salt Lake City, Utah, and serving as a Loan Officer for Residential Mortgage Company in Denver, Colorado. Hughes gained many positive experiences from his work in the mortgage industry. However, his desire to own his own business and better serve his clients led him to PrimeSource Mortgage. Hughes’ goal is to “provide Texans with the best mortgage at the best possible price; hence, eliminating the hassles and communication problems that plague the mortgage industry.” PrimeSource Mortgage, Inc. has experienced steady growth since its incorporation as a private company in 1991. In October of 2005, PSM Holdings, Inc. (the parent company) announced that it has gone public, giving its staff, customers, and investors an opportunity to own shares in this expanding company. PSMI is currently licensed in 13 states (Alaska, Arizona, Arkansas, Colorado, Florida, Indiana, Oklahoma, Michigan, Missouri, New Mexico, Nevada, Tennessee, and Texas.). The process of obtaining licenses in five more states is almost completed. The goal of PSMI is to be able to serve customers from coast to coast. You may contact Kevin Hughes at (210) 477-8538 or email him at Kevin@wewalkyouhome.com
(Farmington, NM, 11/20/06) — Matt and Bert Lamoreux became the new owners of the PrimeSource Mortgage branch now located at 1510 E. 20th Street, Suite A, in Farmington, New Mexico. After purchasing furniture, computers, and other office equipment, they opened their doors for business on August 15, 2006. One week later they had closed their first loan. By mid November, they had closed 15 loans for a total volume of $2,941,768. Prior to his mortgage career which began in 2002, Matt was a partner with his parents in opening Zia Sporting Goods store in Farmington in 1980. In 1990, Matt and his wife Bert took over sole ownership and together they operated the store, employing twelve staff until they sold the business in 2002. Having lived in Farmington since 1968, Lamoreux has established himself as a devoted citizen, contributing much of his time and energy to non-profit companies and clubs. He has supported and held offices in a number of community organizations. Matt served as a board member of the San Juan Chapter of the American Red Cross, on the Advisory Council of Navajo Ministries, and is past President of Leadership San Juan Alumni Association. He also held the office of President of the San Juan Rotary Club and is currently serving as an Assistant Governor for Rotary District 5520. For several years he served as the Chairman for the Farmington Chapter of the Rocky Mountain Elk Foundation. Matt believes the challenges he faces as new owner are multi-faceted. “My greatest concerns include controlling growth, hiring qualified staff, learning ways to expand the business, and marketing our business and products effectively.” Farmington PSM is one of more than two dozen PSM branches located in the Southwest. Currently PrimeSource Mortgage, Inc. is expanding its outreach. Recently it gained licenses in thirteen states with five more states to be added shortly. The goal of PSMI is to serve customers nationwide, offering quality loans and unprecedented service, fulfilling its motto: “We Walk You Home.” For local information, contact Matt Lamoreux at (505) 327-5500 or matt@wewalkyouhome.com
(Roswell, NM, 8/28/06)
NEW PSM OFFICE OPENS IN FRISCO, TX
January 1st 2006 PSM Holdings, Inc. (PSMH) received notice from its initial market maker, Wilson-Davis & Company, that its common shares have been approved for trading in the over-the-counter market by the National Association of Securities Dealers (NASD). Shares of the company’s common stock should begin trading during the next few days with the new company symbol PSMH. A spokesman for the company wanted to make it clear to all current common stock holders, as well as those parties interested in purchasing the company’s common shares, that trading in any newly listed company’s stock can at times be volatile until such time as the market for those shares has an opportunity to settle into a trading range. The NASD requires that only one market maker may trade any newly listed stock for the first 30 days of trading. The PSMH management acknowledges that there are good reasons for this rule. Many long-time shareholders may not know that the shares have been approved for trading. Existing shareholders may need to transfer their certificates to the new PSMH certificates. They may also need time to set up accounts if they are interested in doing so, as well as provide brokers with the proper paperwork. The company itself will need a few days to provide the proper information to the electronically quoted national systems. As a side note to
all parties interested in the company’s common shares, the company’s
management directs all interested parties to the initial market maker
Wilson-Davis & Company, phone 1-800-621-1571. PSMI has no opinion of
the market value of its common shares or its daily trading volumes, and
no shares are available directly from the company. Wilson-Davis & Company, a Utah-based market maker with offices in several states, has agreed to be the lead market maker for PSMH. A representative of Wilson-Davis said yesterday that the 15c211 filing to the National Association of Securities Dealers should be filed today.
May 18th 2005
Today PrimeSource
Mortgage, Inc., a Texas corporation, has completed its
merger/acquisition agreement with Durban Holdings, Inc., a Nevada
corporation via a stock-for-stock exchange. As part of these
agreements the name of Durban Holdings, Inc. has been changed to PSM
Holdings, Inc. This new affiliate remains a Nevada corporation, and
PrimeSource Mortgage, Inc. has become a wholly owned subsidiary. PSM
Holdings, Inc. is currently in the process of providing the necessary
information to the proper authorities and trading markets, via the
production of a 15c211 report, to resume trading of the company’s
common shares. |
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