San Diego Business Journal

American Mortgage Network Releases Platform for Helping Close Loans

Wednesday, October 2, 2013

American Mortgage Network, the wholesale division of Bexil American Mortgage Inc. and Castle Mortgage Corp., said it released AmnetCastle Express, a program aimed at helping brokers close more loans.

It provides brokers with a nationwide platform that can be accessed with the latest technology.

George Hawkins, CEO of Castle Mortgage Corp. and Bexil American Mortgage, which has an office in San Diego, said the product is designed for super brokers who are the company’s main customers. It also appeals to independent mortgage brokers now working with other lenders, but frustrated with older legacy systems.

In creating the new software, there was a lot of collaboration between technology, operations and sales, Hawkins said.

American Mortgage, Bexil American Mortgage and Castle Mortgage are engaged in originating, pooling, securitizing and servicing residential mortgages, with licenses in 24 states. The companies’ headquarters are in Birmingham, Ala.

— SDBJ Staff Report