Since its founding in 1993 working with
union discount mortgages, Loans4Less.com has focused on doing things a little
differently from many other mortgage brokers. By avoiding dangerous subprime
mortgages and providing clients with excellent and honest service, the company
thrived along with the growth of the internet in the late 1990s and survived
the 2009 housing market implosion with an untarnished reputation. Now, as the
country’s real estate industry continues to make a strong recovery, Loans4Less
is prepared to increase its market share in the vital sector.
In a preliminary step towards increasing
its influence, the company recently announced the acquisition of proprietary
consumer lending and peer-to-peer technology platform 321LEND, Inc., which Loans4Less
plans to operate as a wholly-owned subsidiary in order to build volume in both
the mortgage and consumer loans markets while rapidly gaining market share.
This acquisition, as well as the company’s pursuit of a strategic community
bank partner to assist with increasing brand awareness and capital formation,
is expected to put Loans4Less in a strong position to maximize shareholder
value.
As Loans4Less continues to ramp up its
growth efforts, all signs are pointing towards strong market conditions, particularly
in the real estate sector. According to the National Association of Realtors,
existing home sales jumped to their highest annual rate in 18 months earlier
this year, and continued improvement could be in the cards. A report from
IBISWorld recently predicted a substantial increase in the share of mortgage
services conducted online over the coming years, as consumers continue to
display a growing penchant for establishing services on the web.
By avoiding a warehouse line of credit,
not holding trust funds and never lending directly or servicing loans,
Loans4Less is in a strategically sound position to grow without being exposed
to many of the inherent risks of the lending industry. Look for the company to
continue growing its influence through a combination of strategic partnerships,
further acquisitions and leveraging the advertising potential of its highly
attractive brand in the future, providing investors and shareholders with the
potential to capitalize on strong returns moving forward.
For more information, visit
www.Loans4Less.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment