TUCSON, Ariz., July 4 /PRNewswire/ -- Realty Executives Southern Arizona,the top locally-owned real estate brokerage in Southern Arizona announcedtoday that it has entered into a relationship with Redington Home Loans, aregion-wide mortgage lender and an affiliate of Wells Fargo Home Mortgage, adivision of Wells Fargo Bank, N.A., the nation's No. 1 retail mortgage lenderand No. 1 strategic alliance lender. Redington Home Loans, LLC, will provideorigination and funding of mortgage loans for clients of Realty ExecutivesSouthern Arizona.
The new venture will offer clients a wide range of home-financing productsand services available from Wells Fargo Home Mortgage, includingindustry-leading options for first-time homebuyers and loan products forhigh-end clients. The venture will use Wells Fargo Home Mortgage'sunderwriting, compliance and loan-processing services. This value-addedapproach recognizes the growing client preference for a simplified home buyingexperience, with real estate, financing, and title insurance services allunder one roof.
"In choosing Well Fargo, we are staying true to our commitment to provideour agents and their clients with the best products available and deliveredwith the highest level of customer service," said Anthony Azar, CEO of RealtyExecutives Southern Arizona. "Wells Fargo's expertise, work ethic andcustomer service complement those of Realty Executives Southern Arizona andreflect the dedication each of us shares to find the best alliances possible."
Joe Jackson, head of Wells Fargo Ventures, said the company values therelationship with one of the leading real estate brokerages in Arizona.
"Over the past 12 years, our priority has been on building relationshipswith outstanding real estate companies and supporting their agents throughsuperior service to clients, whether they're purchasing new construction,re-sale, second-homes or luxury properties," he said. "By creating astrategic alliance, we're able to provide Realty Executives Southern Arizona'sclients with a team of experts working together to offer a best in class realestate and mortgage experience."
About Wells Fargo Home Mortgage
Wells Fargo Home Mortgage is the nation's No. 1 retail mortgage lender andservicer of home mortgages. As a division of Wells Fargo Bank, N.A., it has alocal presence in more than 2,400 mortgage stores and bank branches, plus thecapabilities to serve the home financing needs of customers nationwide throughits call centers, Internet presence and wholesale lending operations. WellsFargo Home Mortgage services loans for more than 8 million servicingcustomers.
About Realty Executives
Realty Executives Southern Arizona is the largest locally-owned realestate brokerage in southern Arizona (with twelve offices and over fourhundred real estate agents) and ranks in the top 137 out of nearly 90,000 realestate brokerages nationwide. An industry leader in agent training and use oftechnology to better serve clients, the company reached a milestone$1,323,755,137 in sales volume in 2005. Realty Executives Southern Arizona isa member of an international network with offices and service partners acrossthe US and in fourteen foreign countries.
Press Release Contact Information: Debora Blume Media Contact Wells Fargo Home Mortgage (515) 213-4185 debora.k.blume@wellsfargo.comSOURCE Redington Home Loans