LION, Inc. Announces Mortgage101.com 4th Quarter 2003 Service Awards
February 13 2004 - 3:19PM
PR Newswire (US)
LION, Inc. Announces Mortgage101.com 4th Quarter 2003 Service
Awards Three Mortgage Companies Honored for Online Customer Service
Excellence SEATTLE, Feb. 13 /PRNewswire-FirstCall/ --
Mortgage101.com, LION, Inc.'s leading consumer portal for educating
online consumers about the mortgage process, announces their 4th
Quarter 2003 Service Awards. Mortgage101.com is committed to
delivering quality customer service to its online visitors and the
Quarterly Service Awards are presented to the mortgage companies
that represent this commitment to customer service excellence
during the mortgage application process. The 4th Quarter 2003
Service Award honorees are Benchmark Mortgage of McKinney, Texas,
Northeast Mortgage of Winooski, Vermont and Your BestRate Financial
of Atlanta, GA. The selection of these companies was based on
completed consumer satisfaction survey results compiled between
October 1, 2003 and December 31, 2003. Shirley Lane, Branch
President of Benchmark Mortgage states, "What sets us apart from
all others is that we really concentrate on customer service and
offering the clients the best rate possible. We do not undercut,
nor do we try to make a large amount on any one client. It's all
about fairness and business ethics. It is important that we provide
the industry expertise to assist clients in making the right choice
in perhaps the most important financial decision of their lives."
"Your Best Rate Financial is a direct lender," states Jeff Cutler,
President and CEO of Your Best Rate Financial. "The loan file never
leaves our office from origination to document preparation. All
operations are centralized in one corporate environment in Atlanta,
GA. This results in providing consumers with a great low cost
source of origination for their home financing needs." With over 1
million unique visitors in the 4th quarter, Mortgage101.com
continues to be one of the most popular consumer mortgage web
sites. Mortgage101.com focuses on mortgage education, real-time
interest rates, financial tools, and a growing network of mortgage
companies that are willing to help consumers find the best program
and rate for their real estate financing needs. "The internet has
significantly increased the size of our market, allowing us to
operate more efficiently and therefore pass the reduction in
marketing costs to our clients," says Steve Coon, President of
Northeast Mortgage. "Our primary goal is to exceed client
expectations and develop lifetime client relationships. We operate
with 100% commitment to customer satisfaction." For more
information regarding the Mortgage101 Service Awards, visit
http://www.mortgage101.com/ServiceAwards.asp About the 4th Quarter
Service Award Winners: The Benchmark Mortgage branch located in
McKinney, TX offers home loan financing for consumers in the
Dallas-Ft. Worth area. For more information, visit
http://www.txhomeloans.net/. Northeast Mortgage was established in
1999 and is located in Winooski, VT. Northeast offers professional
home financing services in Massachusetts, New Hampshire, Florida,
Connecticut, Rhode Island, Maine and Vermont. For more information,
visit http://www.ne-mortgage.com/. Your Best Rate Financial was
established in 1994. They offer home loan mortgage financing in the
following states: AL, AR, CO, FL, GA, IA, IN, ME, NC, ND, NE, NM,
NV, OK, SC, SD, TN and UT. For more information, visit
http://www.yourbestrate.net/. LION, Inc. is a leading provider of
advanced business solutions that streamline the mortgage loan
fulfillment process in the over $2 trillion mortgage industry. From
Leads to Loans to Capital Markets, LION Inc. offers consistent,
seamless business solutions to consumers, brokers, realtors,
originators and lenders through an integrated platform that
delivers online loan productivity, mortgage pipeline hedging and
risk management and data communications tools. Mortgage101.com is
LION Inc.'s leading consumer portal specializing in educating
online consumers about the mortgage process and connecting them
with the best rates, programs, and local mortgage companies. Over 1
million consumers accessed Mortgage101.com in the 4th quarter,
connecting them to an online network of over 600 mortgage
companies. The Mortgage101.com network includes over 31,000
affiliate sites that deliver mortgage information, calculators and
real-time rates with their own "look and feel." For more
information, please visit http://www.mortgage101.com/. LION, Inc.
offerings include: Mortgage101.com (LION's consumer portal),
Lioninc.com (LION's broker portal), Retail Website solutions,
LockPoint Xtra (loan search and management software) and Pipeline
Tools (risk management tools). LION, Inc., has offices in
Washington, California and Colorado. For more information, visit
http://www.lioninc.com/. This press release contains
forward-looking statements that involve risks and uncertainties
concerning our expected performance (as described without
limitation in the quotations from current management in this
release). Actual results may differ materially from the results
predicted and reported results should not be considered as an
indication of our future performance. We believe that these
potential risks and uncertainties include, without limitation: our
substantial dependence on mortgage brokers and the mortgage broker
industry; mortgage market trends; interest rate changes; housing
and consumer trends effecting home purchases; the management of our
potential growth; risks of new business areas and new Internet
technology; joint-marketing and sales agreements; our need for
additional financing; our ability to attract and retain high
quality employees; changes in the overall economy and in
technology; and the number and size of our Internet competitors.
Statements in this release should be evaluated in light of these
important factors. All information set forth in this release is as
of February 13, 2004, and LION undertakes no duty to update this
information. More information about these and other important
factors that could affect our business and financial results is
included in our Annual Report on Form 10-KSB for the fiscal year
ended December 31, 2002, including (without limitation) under the
captions, "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations", which is on file
with the Securities and Exchange Commission. Additional information
may also be set forth in those sections in our quarterly reports on
Form 10-QSB previously filed with the Securities and Exchange
Commission. DATASOURCE: LION, Inc. CONTACT: Dave Stedman, President
of LION, Inc., 1-800-546-6463 Web site:
http://www.yourbestrate.net/ Web site: http://www.ne-mortgage.com/
Web site: http://www.txhomeloans.net/ Web site:
http://www.mortgage101.com/ Web site: http://www.lioninc.com/
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