Refinance.com

Refinance.com

Infobox_Company
company_name = Refinance.com
company_
company_type = Private
company_slogan =
foundation = 1989
location = Manhattan, NY
key_people = Nicholas Bratsafolis, Chairman and CEO
num_employees = 170
industry = Mortgage
products = Mortgage
homepage = [http://www.refinance.com/ www.refinance.com] ,

Refinance.com is a direct, United States government-approved Federal Housing Administration mortgage lender licensed in 35 states. Specializing in home refinancing, the company closed $1 billion in residential mortgage loans in 2007.

History

Originally founded as Homebridge Mortgage Bankers in 1989, Refinance.com’s current executive team arrived in 1996 led by present Chairman and CEO Nicholas Bratsafolis. In 2005, the company officially changed its name to Refinance.com.

Locations

* Manhattan, NY
* Syosset, NY
* Boca Raton, FL
* Northville, MI

Appreciating America plan

Since 2007, the subprime mortgage crisis has rocked the mortgage industry. During this time, many borrowers have lost their homes to foreclosure while lenders have experienced a drastic increase in costly write-downs. In response to this situation, Refinance.com Chairman and CEO Nicholas Bratsafolis has authored a plan called “Appreciating America,” which works to help prevent the losses for both parties. The plan has received support from members of the United States Congress, [cite press release |title=Congressman Steve Israel Outlines Support for Plan to Help Ease Mortgage Crisis |publisher=Forbes.com |date=2008-04-24 |url=http://www.forbes.com/businesswire/feeds/businesswire/2008/04/24/businesswire20080424006087r1.html |format= |language= |accessdate=2008-05-05 |quote= ] and offers a solution for homeowners whose mortgage exceeds the value of their home.

References

External links

[http://www.refinance.com Refinance.com]


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