Envoy Mortgage Announces Vanguard Financial as New Affiliate

HOUSTON--(BUSINESS WIRE)--Envoy Mortgage, formerly known as First Houston Mortgage, a mortgage-banking firm licensed in 20 states that offers expertise in every aspect of the residential mortgage lending process, announced Concord, Calif.-based Vanguard Financial, a mortgage lending and financial services firm, joined Envoy Mortgage’s extensive network of branches.

“By affiliating with Envoy Mortgage, Vanguard Financial has full access to its innovative paperless technology, which has greatly simplified our lending process and has already saved us much time”

Through its affiliation with Envoy Mortgage, Vanguard Financial’s own operations and efficiencies are strengthened by integrating Envoy’s full span of products and services, including its unified, proprietary paperless lending platform; electronic signature capability; in-house underwriting system; and paperless file management system. Vanguard Financial also receives full access to Envoy’s offshore operations facility in India for loan processing support.

“By affiliating with Envoy Mortgage, Vanguard Financial has full access to its innovative paperless technology, which has greatly simplified our lending process and has already saved us much time,” said Peggy Ann Valley, branch manager of Envoy Mortgage’s Vanguard Financial division. ”Vanguard Financial now operates under the name Envoy Mortgage as an extension of its service to further enhance our competitiveness through its economies of scale.”

“Our strategic alliance with Vanguard Financial further expands our national reach and provides our newest affiliate with all the products and services we offer to streamline its lending process and boost its profitability,” said David Zugheri, co-founder of Envoy Mortgage.

First Houston announced its new brand identity under the name Envoy Mortgage on Oct. 1, 2008. Envoy Mortgage began growing its affiliated network of branches in 2006 and now has 35 branches nationwide with more than 475 employees.

About Envoy Mortgage, Ltd.

Based in Houston, Envoy Mortgage offers a wide variety of lending products and expertise for all areas of the residential mortgage lending industry. Innovative technologies enable the company to maintain a completely in-house origination process, thus reducing costs and improving efficiencies. For more information, visit www.envoymortgage.com.