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July 04, 2015 7:34 PM ET

Thrifts and Mortgage Finance

Company Overview of Mortgage Master, Inc.

Company Overview

Mortgage Master, Inc., a mortgage company, offers home loans in the United States. Its products include fixed-rate mortgages, adjustable-rate mortgages, interest-only mortgages, first-time homebuyer programs, reverse mortgages, FHA streamline refinance, fixed home equity loans, and home equity lines of credit. The company was founded in 1988 and is headquartered in Walpole, Massachusetts. It has locations/satellite offices in California, Connecticut, New Hampshire, New Jersey, New York, Pennsylvania, Maryland, Florida, Massachusetts, and Rhode Island, as well as in Houston, Texas. As of January 2, 2015, Mortgage Master, Inc. operates as a subsidiary of loanDepot, LLC.

102 Elm Street

3rd Floor

Walpole, MA 02081-1933

United States

Founded in 1988

Phone:

508-850-4100

Fax:

508-850-4200

Key Executives for Mortgage Master, Inc.

Founder, Owner, Chairman and Chief Executive Officer
President
Chief Financial Officer
Chief Operating Officer and Vice President
Compensation as of Fiscal Year 2015.

Mortgage Master, Inc. Key Developments

Mortgage Master Announces the Opening of its New Branch in Rockville, Maryland

Mortgage Master announced the opening of its new branch in Rockville, Maryland. Situated along the Technology Corridor on Interstate 270, Rockville is a suburb of Washington, D.C. with close proximity to affluent Northern Virginia real estate markets. This new Mortgage Master lending branch is located at 199 East Montgomery Avenue, Suite 100, Rockville, Maryland 20850.

Mortgage Master First Non-Depository Lender to Join Massachusetts Home Ownership Compact

Mortgage Master, Inc. announced that it has become the first non-depository lender to join the Massachusetts Home Ownership Compact to provide affordable mortgage solutions to lower income first-time home buyers. As a signatory of the Home Ownership Compact, Mortgage Master has committed to make a good faith effort to provide Mass Housing mortgage loans to borrowers below the median household income in 2014.

Mortgage Master Opens New Retail Branch Office in Rye

Mortgage Master has announced the opening of a new retail branch office in Rye, N.Y. to cover the southern Westchester County communities and further expand its Northeast presence. Jonathan Yellon was named branch manager of the new Rye office. Yellon, who has 12 years of mortgage lending and branch management experience, has a deep understanding of Rye and the surrounding New York marketplace. In his new leadership role, Yellon will focus on expanding relationships with referral partners such as real estate agents, builders, accountants, and attorneys to provide borrowers with some of the lowest pricing and best in-class service. He will also work to grow Mortgage Master's newest branch by hiring experienced loan officers to help borrowers purchase or refinance a home.

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Date
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