ANN ARBOR, Mich., Sept. 9 /PRNewswire/ -- ABN AMRO Mortgage Group, Inc.
(AAMG), the nation's sixth largest loan servicer, recently topped $200 billion
in mortgage loans serviced.
"AAMG's focus on customer retention has helped maintain the company's
leadership position in the market," said Richard Geary, group senior vice
president, loan administration. "For its 1.6 million customers, achieving the
$200 billion servicing mark is indicative of AAMG's commitment to providing
excellent customer service."
AAMG's servicing portfolio exceeded $100 billion in July 2000. At the
start of 2003, AAMG serviced a total of $186 billion in home loans.
In addition to servicing loans it purchases from mortgage brokers through
InterFirst Wholesale Lending, AAMG services all loans generated through its
various consumer-direct lending operations, including Standard Federal and
LaSalle Bank loan origination channels, and the AAMG National Lending Center,
along with its Web site, mortgage.com .
"Reaching this milestone would not have been possible without the
confidence of AAMG's customers who have given the company the opportunity to
serve them. In addition, the AAMG staff and management team have ensured the
company's growth through their hard work and dedication," Geary added. "This
is an exciting achievement for AAMG and its customers alike."
About ABN AMRO Mortgage Group, Inc.
ABN AMRO Mortgage Group is the fifth largest loan originator and sixth
largest loan servicer in the United States. ABN AMRO Mortgage Group produces
mortgage loans and provides related services through its various divisions
including InterFirst Wholesale Mortgage Lending, LaSalle Home Mortgage, ABN
AMRO Mortgage, ABN AMRO Mortgage National Lending Center, InterFirst/ABN AMRO
Apartment Lending, ABN AMRO Mortgage Capital Markets, Standard Federal Bank
and LaSalle Bank Loan Origination Channels. ABN AMRO Mortgage Group has more
than 3,000 employees located throughout the United States.
About ABN AMRO
Netherlands-based ABN AMRO is a leading international bank with total
assets of approx. EUR 556 bn. It has over 3,000 branches in 66 countries and
territories, and has a staff of about 105,000 full time equivalents worldwide.
SOURCE ABN AMRO Mortgage Group, Inc.
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Related links:
http://www.abnamro.com
CONTACT:
Jenn Cornell of Eiler Communications,
+1-734-761-3399, or Jenn@EilerPR.com , for ABN AMRO Mortgage
Group, Inc.
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