ACMC has reached agreement with one ofthe larger mortgage loan servicers in the U.S. in which ACMC will begin to receive inbound call “leads” from the servicing company.The agreement is service related to the customers of the servicing company but a valuable source of new business to ACMC. The agreement calls for a test of transparency and competence on ACMC’s part and is to begin on June 01. The agreement is limited to calls originating from California, Oregon and Washington with roll out to the balance of the 21 states ACMC is licensed to do business in later this summer.
About Complete Financial Solutions, Inc.
Through its subsidiary companies, Complete offers mortgage origination, processing and closing through 60 plus branches licensed in 21 states. Mortgage loan processing services are also offered in all 21 states, online and paperless including document storage.
We also have begun to acquire or start businesses providing legal, accounting, financial planning, credit restoration and insurance services to the general population. These services are all integrated to some degree with the mortgage loan industry and with each other. For instance, financial planners often utilize insurance products in their client's financial portfolio and often the funds for such insurance products are sourced from a mortgage on the client's house or investment properties. To acquire beneficial rates on mortgage loans often requires helping a client increase his/her credit score which in turn can require legal and accounting advice or services. By providing all the above mentioned services we are better able to retain the customer as he never has to access the services elsewhere and we are able to collect multiple fees from the same core customers.
Forward Looking Statements.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services,competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend,""may," "could," "should," "will,"and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our Form 10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information,future events or otherwise