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March 28, 2008 - Shore Mortgage

Shore Mortgage Recruiting Additional 100 New Employees - First 150 Jobs Filled, Current Needs Include Underwriters, Loan Officers and Support Staffs

Shore Mortgage, a full service mortgage company offering new mortgages as well as refinancing services, has four locations throughout the Detroit metropolitan area. The company continues to be among the largest government guaranteed and insured mortgage originators locally in Michigan as well as nationwide.

Recently, President Bush passed the Economic Stimulus Act of 2008, a provision of which increases the FHA maximum loan amounts nationally, purchase and refinance. The new higher loan amounts will now help service those in need of mortgage relief with rates of around 6%.

Today, Shore President, Robert Rahal, announced the company is seeking to hire an additional 100 new employees in several capacities including underwriters, loan officers and support personnel. This will increase the organization's total employment numbers by approximately 30%. Last August the company advertised for personnel. All positions were filled, and with today's new mortgage limits and ARM conversions, the need for qualified persons is important to note.

Counter to the industry trend toward downsizing and layoffs, Shore Mortgage, established in 1984, shows a consistent growth pattern and is seeking new employees including bilingual persons (Hispanic, Asian and others) to service its past, present and future clientele. Positions are available in Birmingham, Dearborn Heights, Roseville and Taylor with training to be completed in the Birmingham office.

Mortgage professionals with experience in closing, processing, underwriting, servicing, post closing, accounting, secondary marketing, quality control, information technology or customer service are encouraged to apply for the full time positions with full benefits and competitive compensation packages.

Established in 1984, Shore Mortgage is recognized for its home loan market segment in southeastern Michigan. Success is attributed to a close association with the real estate community and the creation of important Realtor loyalty. Known as one of the prominent FHA lenders in Michigan, Shore Mortgage's knowledgeable loan origination staff is available for phone, in person and on- line consultation at any of the branch offices.

For additional information, please email (in word format) to careers@shoremortgage.com or fax resume to Human Resources, at 248.433.0233.

EDITORS' NOTE: Robert Rahal, Shore Mortgage President, is available for
interview concerning the hiring and current mortgage industry topics. Please
contact Angie Bournias at 313.881.3021 for further information and
appointments.
First Call Analyst:
FCMN Contact:

Source: Shore Mortgage

CONTACT: Angie Bournias for Shore Mortgage, +1-313-881-3021,
bournias79@comcast.net

Shore Mortgage by Angie Bournias, Birmingham-Michigan