Real Estate Mortgage Network, Inc., Changes Name to HomeBridge Financial Services, Inc.

ISELIN, N.J., Feb. 3, 2014 /PRNewswire/ -- Effective immediately, Real Estate Mortgage Network, Inc. (REMN) has changed its name to HomeBridge Financial Services, Inc. (HomeBridge). As one of the nation's largest privately held, non-bank lenders, the company's new name reflects its focus on making the home mortgage process easier for customers.

(Logo: http://photos.prnewswire.com/prnh/20140203/LA56551LOGO)

"The decision to change our name from REMN to HomeBridge was based on many months of research and careful consideration," commented Peter Norden, chief executive officer of HomeBridge. "We believe it is a smart move, particularly for our retail mortgage segment, because it directly correlates to what we do for home buyers, home owners and housing industry professionals—we provide a bridge to fulfilling the American dream of home ownership. We also believe the HomeBridge name will help us continue to grow as more customers realize that one easy name represents exceptional service, fiscal strength and uncompromising integrity."

HomeBridge has grown significantly since its founding in 1989 and today comprises nearly 1,300 associates, more than 70 retail branches from coast to coast, two separate wholesale operations and a rapidly developing correspondent division. In addition, the company is an approved GNMA and FNMA seller servicer and services approximately 40,000 loans today.

In the fall of 2012, the company launched its correspondent division, HomeBridge Funding, and a second wholesale division, HomeBridge Wholesale, as separate business units under the REMN umbrella. Moving forward, these two divisions will maintain their existing names as divisions of HomeBridge Financial Services, Inc. Due to the unique nature of its business and existing client base, the Company's original wholesale division, REMN Wholesale, will not be changing its name.

To support awareness of the HomeBridge name, ads will appear in national trade publications and more than 100 regional media outlets in key markets.

"As HomeBridge, we will continue to offer the flexibility and personal approach of a small business combined with the security of a large, financially stable corporation," added Mr. Norden. "We take great pride in being known for our dedication to customer service. Our focus on delivering a positive experience, instead of merely completing a transaction, will remain unchanged."

HomeBridge corporate headquarters will remain in Iselin, N.J. For more information, call (866) 933-6342, email [email protected] or visit www.HomeBridgeInc.com.

About HomeBridge Financial Services, Inc.

HomeBridge Financial Services, Inc. is one of the nation's largest privately held, non-bank lenders, with approximately 1,300 associates in more than 70 retail branches. Headquartered in Iselin, N.J., HomeBridge's sole business is facilitating and securing home mortgages through its retail, wholesale and correspondent divisions. Founded in 1989 as Real Estate Mortgage Network, Inc., the company became HomeBridge in 2014 to offer customers an easier-to-remember name that reflects its simplified approach to home mortgages. More information on HomeBridge Financial Services can be found online at www.HomeBridgeInc.com.

SOURCE HomeBridge Financial Services, Inc.

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