ROSWELL, N.M., Sept. 18, 2012 /PRNewswire/ -- PrimeSource Mortgage, Inc. (PSMI), a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH) announced that two members from its management team are speaking at national mortgage & real estate conferences. Sam Morelli, PrimeSource's Sr. Vice President of Compliance will lead a panel of experts at the Mortgage Bankers Association Regulatory Compliance Conference to be held at September 30th to October 2nd in Washington D.C. They will review and discuss the current and proposed CFPB guidelines pertaining to loan originator compensation, profit sharing, pooled compensation, "Point Banks" and loan originator qualifications, to name a few.
Rick Roque, Sr. Vice President of Growth & Strategy will be a featured speaker at The Sales Mastery Conference October 10-13th in Palm Desert, California. PrimeSource closed over $235,000,000 in production over the last four months and as a result, Rick will be speaking with real estate and mortgage experts on production growth opportunities, consumer conduits, mortgage market trends and capital fundraising efforts. In addition, PSM Holdings, Inc. and PrimeSource have engaged with Littlebanc Advisors, LLC, an investment banking firm out of Boca Raton, Florida, to advise management as to the capital raising options available to the company to accelerate the company's successful growth strategy.
"We are very excited to have members of our management team not only working in the trenches but actively taking part in how the mortgage industry is evolving," says Jeff Smith, President/CEO of PrimeSource Mortgage. "It is because of this, we are uniquely positioned for growth as we look toward 2013 and beyond."
About PSM Holdings, Inc.
PSM Holdings, Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking services across the United States. PSMI is currently licensed in many states across the United States, and oversees the operations of more than 20 branches. For more information, visit http://www.psmholdings.com.
Certain statements contained herein, including, without limitation, statements containing the words "believes," "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 7A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include but are not limited to that we are in the process of furthering several of the key milestones we achieved last year and creating new growth opportunities for PSM Holdings, Inc. and its subsidiaries, and that we will continue to enter new projects and strategic partnerships in 2012. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of PSM Holdings, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. PSM Holdings, Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.
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SOURCE PrimeSource Mortgage, Inc.