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Expert Group Continues Successful Relationship With CitiMortgage
Sep 30, 2008 (08:09 AM EDT)
MIAMI, Sept. 30 /PRNewswire-FirstCall/ -- Expert Group, Inc. is pleased to announce that the Company continues to build on its successful relationship with CitiMortgage. Expert Group has had a broker agreement with CitiMortgage for over a year after the Company met a series of stringent criteria in order for CitiMortgage to approve the relationship. Headquartered in St. Louis, Missouri, CitiMortgage is a member of Citigroup and focuses on providing the highest quality mortgage products as part of an expansive portfolio of financial services that includes banking, mortgage banking, insurance, asset management, and credit cards.
CitiMortgage is one of the strong wholesale lending institutions that Expert utilizes in helping provide its high quality products and services to its clientele. The agreement with CitiMortgage enables Expert to have access to Citi's software, which permits Expert to perform expedited and comprehensive approval of loans. This in turn enables Expert to convert a higher percentage of loan applications into closed loan revenues.
"We are excited about our growing relationship with a solid financial institution such as CitiMortgage, which recently announced the acquisition of Wachovia Bank. Expert Group will continue to align itself with banks like Citigroup in order to keep providing the most up to date products and services to our customers," stated Robert Rico, CEO.
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services by offering a variety of real estate loans for residential, investment & commercial properties and Expert Credit Fix U.S.A., assisting borrowers to improve their credit. Expert is licensed by FLOFR, is a member of FAMB, and has originated over 100 million in loans since inception.
Certain statements in this release are not historical facts but "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; and (ii) competitive factors and developments beyond the Company's control; and (iii) other risk factors.
Expert Group, Inc. www.ExpertFinancing.net www.ExpertCreditFixUSA.com
Web site: http://www.ExpertFinancing.net/ http://www.ExpertCreditFixUSA.com/