Wednesday, November 08, 2006

MBSD Group secondary marketing

The MBSD Group has a secondary market Chief Financial Officer. "The additional capacity enables us to meet the demands of our growing mortgage and home equity businesses." The warehouse lines of credit are available for borrowings for interim financing of first mortgage and home equity loans and are collateralized by the net branch operations and MBSD Group and home equity loans held-for-sale with all of our correspondent lenders. The MBSD Group, offers correspondent lenders loans and debt management services online at www.mbsdgroup.com has reengineered the consumer loan process by offering a broad choice of products of a warehouse line from many lenders for mortgages, home equity loans, and auto loans in a secure online environment, combined with comprehensive personal service from dedicated loan consultants. Change in real estate financing is inevitable. These and other risk factors are detailed in The MBSD Group's periodic filings with the Securities and Exchange Commission.

About The MBSD Group

To further assist you with secondary marketing, we have included links to each state’s mortgage licensing office, and also to the state’s local NAMB site that provides current information on proposed mortgage license regulations. The MBSD Group uses warehouse credit facilities to fund its mortgage and home equity loans prior to their sale to capital market loan purchasers, which typically occurs within 30 days of funding. The MBSD Group actual results may differ from the results described in the forward-looking statements. Factors that could cause actual results for secondary marketing include, but are not limited to, general conditions in the mortgage and auto industries, interest rate fluctuations, and the impact of competitive products. The MBSD Group actively manages its warehouse line requirements mortgage broker licensing to ensure sufficient production capability while minimizing the costs associated with additional line capacity for broker to banker operations.

This news release contains forward-looking statements based on current expectations that involve risks and uncertainties. Whether you are researching mortgage license requirements or you're interested in learning how to become a Mortgage Broker and making the switch from broker to banker, we welcome you to explore the information on each state below. Although we believe all information is accurate as of today, each state is constantly striving to protect the public and provide more quality service to those using the services of a Mortgage Broker to mortgage banker. "We increased our warehouse line capacity to support our current and forecasted production requirements,"

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