Cornerstone Mortgage Company

In the News

Northern Colorado Business Report
Cornerstone of lending rests on veterans

FORT COLLINS — Longtime mortgage veteran Gene Humphries has ventured out from First National Bank’s Circle OneMortgage Co. to join forces withmany of his one-time cohort under a familiar flag.

Humphries left First National at the end of the year and in March launched the Colorado division of Cornerstone Mortgage
Co. He is now joined in the Fort Collins office by Jim Hunter, who helped Humphries establish First National’s residential
mortgage division about 10 years ago, and more than 40 experienced mortgage professionals, many of whom also worked at First National....

Cornerstone Colorado Ft. Collins Grand Opening & Ribbon Cutting Ceremony! ... WATCH THE VIDEO!!!

Texas Leads the Nation in Population Growth

HOUSTON (Jan 20, 2010) — Everything is bigger in Texas, and that now includes population growth. The Census Bureau recently released its annual population estimates, and the Lone Star State added more people than any other in the nation with 478,000 new residents.

One of the reasons may be that Texas has fared better than other states during the recent troubled financial times. Home prices have remained affordable and the unemployment rate was two full percentage points below the national average in October.

Texas home sales increased in 2009 and are projected by the Mortgage Bankers Association to continue to grow in 2010. Additionally, while the MBA has forecasted mortgage rates to increase, interest rates are predicted to remain relatively low.

“We haven’t had the same difficulties many other companies may have had,” said Marc Laird, CEO of Cornerstone Mortgage Company, based in Houston. “We’ve actually had some of our most profitable years during the credit crunch. We’ve always maintained honesty and integrity with our home loans, and that has served us quite well.”

Cornerstone Mortgage Company is a full-service mortgage banker with 45 offices in 12 states, including Texas, Oklahoma and California. Founded in 1988, Cornerstone is the seventh-largest independent mortgage company in the U.S., and is a Top 30 National Lender.