Joe Folck has joined Main Street Home Mortgage as Vice President of Business Development, and Regional Production Manager.

August 03, 2007 (PRLEAP.COM) Business News
Chicago, Illinois, – Main Street Home Mortgage, the Retail Lending Division of Chicago based Millennium Financial Corporation has announced that Joe Folck has joined the company as Vice President of Business Development, and Regional Production Manager over the Company’s North Central production region.

Executive Vice President John Morelli commented on the recent hiring: “The organization is privileged to have such a well respected and talented individual join our management team. We expect Joe Folck and his group to have an immediate impact on the long term success and profitability of our North Central and Midwest Regions. Joe’s knowledge of the borrowing characteristics and product requirements of the communities served within these regions, and his entrepreneurial spirit are what make Joe such an attractive partner for us. He is well known and respected within the mortgage banking community and brings tremendous experience in sales leadership and business development”.

Mr. Morelli concluded, “I have had the pleasure of working with Joe in the past, and am confident that he and his team will quickly enable us to successfully compete in the marketplace across each of our business channels and quickly increase our market share”.

Joe Folck joins Main Street Home Mortgage from WestAmerica Mortgage Company, where he managed a retail production district encompassing Indiana, Ohio and Michigan, in addition to one of the company’s top performing retail branches. Joe has previously been associated with a number of notable companies such as Waterfield Financial and Prism Mortgage.

Main Street Home Mortgage, through it’s parent company Millennium Financial Corporation, are exclusively focused on the origination of residential and commercial mortgage loans. The Company currently sells its loan production to an array of institutional buyers, mortgage lenders, and investment conduits. The Company offers a broad and competitive range of mortgage products that aim to meet the mortgage needs of primarily high-credit-quality borrowers. Its product line includes conventional conforming fixed rate loans, adjustable rate mortgages, government fixed rate loans, jumbo fixed rate loans, non-prime loans, home equity or second mortgage loans, and Alt-A loans.

For more information about Main Street Home Mortgage Corporation or Millennium Financial Corporation, please contact Investor Relations.