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Joe Kuebel Jr., mortgage industry veteran and St. Louis Mortgage Association board member, joins Colonial National Mortgage as Regional Sales Manager

Fort Worth, Texas, October 1, 2002   Colonial National Mortgage announced today that Joe Kuebel has joined the company’s Midwest Regional Wholesale Office as Regional Sales Manager. Based in St. Louis, Missouri, Kuebel will have responsibility for business development and account relationships with wholesale mortgage brokers in Missouri, Kansas, Southern Illinois, Iowa and Idaho, providing more than 150 different loan programs, innovative single close construction loans, retained servicing, underwriting, and escrow transfers, among other services.

Kuebel joins Colonial National Mortgage with more than 29 years of experience in the mortgage industry. Most recently, he was with Triad Guaranty Mortgage Insurance of Winston-Salem, North Carolina. An alumnus of St. Louis University, Kuebel is a current board member of the St. Louis Mortgage Bankers Association, and is also an active member of several other industry organizations, including the Missouri Mortgage Bankers Association, the Missouri Association of Mortgage Brokers and the St. Louis Association of Realtors. He is a licensed Property and Casualty Insurance agent.

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 in excess of $7 billion. Its primary business channels are all designed to complement the mortgage origination operation. Colonial National Mortgage provides mortgagee services to borrowers, builders, realtors, and wholesale mortgage brokers. Its credit union division, CU Members Mortgage, provides mortgage services to more than 300 credit unions nationwide. Colonial also operates seven depository branches through the Dallas-Fort Worth Metroplex with total deposits exceeding $500 million, providing full banking and consumer loan products. The company is also affiliated with Colonial Life Insurance of Texas, Colonial Lloyds, and DuBose and Associates Insurance. With assets of more than $1 billion, the company originates $2 billion in FHA, VA, conventional and construction loans annually. Colonial Savings is privately held and has been awarded a Five Star Rating from Bauer Financial.



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