In the financial services industry,
the nature of competition is changing, as are the expectations of
the consumer. In an era of Mergers and Acquisitions between
financial services companies and strategic alliances, more and more
consumers are coming to expect one-stop shopping for their financial
services needs. Banks are buying investment bankers and insurance
companies; CPAs are getting their insurance and securities
licenses. Financial planners are providing trading desk services,
asset allocation advice, no-load mutual funds advice, investment
management, insurance products, etc. Consumers will come to expect
one-stop shopping, not necessarily "in-house", but with one seamless
relationship, where they will look to their financial advisor for
expertise and direction.
In this changing financial
environment Wymac Capital, Inc. and Sourcetec, Inc. have developed a
process called Cypher™ that enables CPAs, financial
planners, broker-dealers, credit unions, banks, builders, real
estate brokers, etc., to leverage the information they already have
about their clients to assist Wymac Capital, Inc. in the origination
of mortgage loans. Through this strategic alliance, Wymac Capital,
Inc. uses its expertise in the lending industry to handle the
processing and placement of the loans, allowing its strategic
partners to use their knowledge of their clients to offer them
another service.
Wymac Capital, Inc., a
service-oriented mortgage broker that has closed loans with more than
100
lenders, takes care of the details and continuously stays on top of
the mortgage industry trends, meeting with wholesale
representatives, underwriters, appraisers, title companies, etc. In
its capacity as a mortgage broker, it fills the unique needs of each
borrower. Strategic partners do not have to worry about their
clients going to another mortgage source that might also want to
fulfill other of the clients' financial services needs.
For more information about how to get
started call Russell W. McDonald, Sr. at 925-937-4300 or email him
at rm1@wymac.com.
