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THREE NEW LOAN OFFICERS JOIN COLONIAL NATIONAL MORTGAGES CHICAGO BRANCH
FORT WORTH, TEXAS, July 9, 2002 - Colonial National Mortgage, a division of Colonial Savings, F.A., announced today that three new loan officers have joined the companys Chicago area branch, located at 3333 Warrensville Road, in Lisle.
Thomas J. Messina is Assistant Vice President and Branch Manager. With 10 years of experience in mortgage banking, Messina has closed more than $275 million in loans. He is a founding member of the Illinois Counsel of Real Estate Practitioners and an active member of both the Illinois Association of Mortgage Brokers and the Illinois Mortgage Bankers Association. Messina was a 2001 nominee for the Illinois Association of Mortgage Brokers Wholesale Account Manager of the Year award.
Steven J. Michalak has joined Colonial National Mortgage as Loan Officer. A member of the Illinois Mortgage Bankers Associations, Michalak is a first time homebuyer specialist and debt consolidation counselor.
Also joining as loan officer is Jeffrey Stahler. Stahler specializes in Jumbo loans and first time homebuyer programs. He received a B.A. from the University of Illinois.
About Colonial Savings and Colonial National Mortgage
Founded in 1952, Colonial Savings F.A. is a comprehensive financial services corporation headquartered in Fort Worth, Texas, and is one of the largest servicers of
mortgage loans in the United States with a servicing portfolio of $7 billion. Its primary business channels are all designed to complement the mortgage origination operation. Colonial National Mortgage provides retail loan origination services to borrowers, builders and realtors, as well as mortgage brokers. Its credit union division, CU Members Mortgage, provides mortgage services to more than 300 credit unions nationwide. Colonial Savings also operates seven depository branches throughout the Dallas-Fort Worth Metroplex with total deposits exceeding $500 million, providing full service banking and consumer loan products. The company is also affiliated with Colonial Life Insurance Company of Texas, Colonial Lloyds, and DuBose and Associates Insurance. With assets of $1 billion, the company originates more than $2 billion in FHA, VA, conventional and innovative single close construction loans annually. Colonial Savings, F.A. is privately held and has been awarded a Five Star Rating from Bauer Financial, the countrys leading analyst of banks, credit unions and thrifts, Fannie Maes and Freddie Macs Excellence in Servicing awards, and the Department of Housing and Urban Developments "Best Practice" award.
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