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November 12, 2007 - DIRECT FINANCE

Alain Valles has been installed as president of the Massachusetts Mortgage Association

Alain Valles, a resident of Hanover, MA and president of Direct Finance Corporation, an independent provider of mortgages and reverse mortgages with offices in six states, has been installed as president of the Massachusetts Mortgage Association, a statewide organization of mortgage brokers. Valles will serve a one-year term as president of the Association.
 
In his inaugural speech as president at the Massachusetts Mortgage Association’s annual meeting, Valles described the mortgage industry as being under a “state of siege,” and urged members to work together to preserve the industry’s independence.
 
“Mortgage brokers were responsible for over sixty percent of all mortgages in the United States last year,” Valles noted. “The ‘American Dream’ starts with us.”
 
The Massachusetts Mortgage Association works to bring about legislation that focuses on consumer protection while protecting the business environment that permits mortgage companies to continue to deliver the variety of products and services consumers need. The Association’s activities include professional education, compliance advice, and networking events such as an annual showcase conference where brokers and lenders meet. For more information visit www.themmaonline.org.
 
ABOUT DIRECT FINANCE
With over 60 loan officers, Direct Finance Corporation is one of the region’s fastest growing mortgage companies. The company is also one of the state’s largest reverse mortgage brokers. Direct Finance Corporation is licensed to provide mortgage and reverse mortgage services in New England and Florida.
 
For additional information call (781) 878-5626.


Media Contact:
Bill McDonough
Scribendi Public Relations
(781) 826-0853
bill@scribendi.net

DIRECT FINANCE by Bill McDonough, Hanover-MA