Nick DelTorto Installed as President-Elect of WMBA

WMBA Officer Installation Breakfast

Pictured in upper left photo: Nicholas DelTorto & Tommy Thompson. Pictured in bottom left: Joe Ramis, Jean Badciong, Peter Salamone, John Watry, Nicholas DelTorto, Harold Bloch and Adam Deputy. Pictured on right: WMBA President-Elect DelTorto is sworn in to office.

“Wealth, opportunity, and the American Dream,” – We all want these things Tommy Thompson declared at the Wisconsin Mortgage Banker’s (WMBA) Officer Installation Breakfast last Friday morning at the Country Springs Hotel in Pewaukee, Wisconsin.

Thompson, Wisconsin’s 42nd Governor and former U.S. Secretary of Heath and Human Services, was the keynote speaker and discussed the mortgage industry’s role in economic recovery. Governor Thompson stressed the importance of organizations such as WMBA that help educate the public and real estate professionals, manage and influence regulatory changes, and cooperate to advance the interests of ethical professionals engaged in selling real estate or originating mortgage loans.

Inlanta Mortgage’s Executive Vice President, Nicholas J. DelTorto is the WMBA’s 2012-2013 President-Elect. Mr. DelTorto agrees with Governor Thompson and believes that together, mortgage and real estate professionals can further advance the quality of the mortgage industry and eliminate the negative perceptions that persist about the industry in general.

“Much of what has been considered ‘bad’ about the mortgage industry – bad loan products and many of the unqualified ‘professionals’ –  just don’t exist anymore,” Mr. DelTorto said. “The industry has been consolidated and most of the bad eggs have been flushed out of the system. What remains is a group of dedicated professionals that adhere to the highest ethical standards and sincerely want to help consumers with their dreams of home ownership. Organizations such as the WMBA allow us to pool our collective knowledge and tackle industry issues head on.”

The WMBA announced the following board positions for 2012-2013:
Officers:
President: David Rause, Bank Mutual
President-Elect: Nick DelTorto, Inlanta Mortgage
Treasurer: Marcia Howe, Monona State Bank
Secretary: John Inzeo, Wisconsin Mortgage Corp.
Past President:  Debbie Hodge, AnchorBank
Regular Director Members:
Anthony Larke, AnchorBank
Brenda Schwab, Genworth Financial
Craig Kouba, First Bank Financial Centre
Scott Fletcher, Mid America Bank
Steve Hansen, Associated Bank
Betty Feierstein, Landmark Credit Union
Associate Director Member:
Jim Kopp, J.E. Consulting

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is fully delegated HUD-FHA including FHA 203K, VA, and USDA approved. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Shaping the Future of Our Industry

Inlanta Mortgage recently attended an educational seminar focusing on the differences between Generation X and Generation Y and how the mortgage and real estate industry must recognize how these generations are influenced with regards to home buying and financing. The training session was presented by Matthew Ferrara, organized by the Wisconsin Mortgage Bankers Education Foundation, and sponsored by Inlanta Mortgage.  Inlanta is proud to be a supporter of the Education Foundation and their efforts in support of the future of the Mortgage Industry.

The Wisconsin Mortgage Bankers Education Foundation(WMBEF) is dedicated to promoting, conducting, and creating educational activities for the mortgage banking industry. In addition, the foundation seeks to encourage, recruit, and promote the advancement of minorities in the real estate finance industry. Furthermore, the foundation provides scholarship funds to students focusing on real estate finance at accredited colleges, universities, and technical schools.  Since 1989, the Wisconsin Mortgage Bankers Association has awarded over 35 scholarships to men and women pursuing careers in the mortgage banking and real estate industries.

It is important to make sure we are helping those currently in the mortgage industry and those who will be the future. The WMBA does a great job of keeping current mortgage professionals up-to-date on the latest legislation, reforms and industry news. This kind of support helps our professionals provide the best services to their customers and business partners and keeps the industry strong and reputable. By raising funds for the professionals of the future, we are helping ensure the industry will remain solid and educated. Furthermore, supporting industry professionals in training, we encourage a seamless transition from generation to generation and guarantee the sharing of new technology and products with future homebuyers.

“As a member of the WMBA and a supporter of the Education Foundation, it brings me great pride in helping shape the future of our industry,” said Nick DelTorto, Inlanta Mortgage’s Executive Vice President and Treasurer of the WMBA. “We as mortgage and real estate professionals need to work together to keep our industry at its best and that starts with the education of current professionals and the young people that are on their way.”

To learn more about the Wisconsin Mortage Bankers Association visit them online at www.wimba.org.

 

 

Inlanta’s EVP, Nick DelTorto, Named Treasurer of WMBA

Inlanta Mortgage is proud to announce Executive Vice President Nicholas DelTorto has been elected to the Wisconsin Mortgage Bankers Association Board of Directors. DelTorto will serve as the board treasurer and assist with all financial decisions, including the budget.

Outgoing WMBA President Scott Fletcher stated that “the industry remains in the crosshairs of the media, regulators, and many legislators on the state and federal level.” He also affirms the newly appointed board of directors will continue to provide support to members in their efforts to maintain compliance while growing their businesses and lending divisions.

DelTorto is looking forward to serving on the board and helping the board and members of the WMBA achieve their goals in service of their communities in Wisconsin. “The WMBA is a great organization for all lenders involved in the financial industry,” DelTorto said. “we are encouraging positive legislation for the industry, helping members develop a better understanding of challenges in a new regulatory environment that all financial service companies now face and improving our service and relationship to the communities we serve.”

About Inlanta Mortgage

Headquartered in Brookfield, Wis., Inlanta Mortgage was established in 1993. The company has grown to 28 branches in 14 states and nearly 200 employees. Inlanta Mortgage provides its partner branches with Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is delegated FHA/VA, FHA 203K and USDA approved.

Inlanta Mortgage has been listed on Mortgage Technology’s Top 25 Tech Savvy Lenders List, Milwaukee Magazine’s “Top Mortgage Professionals”, and Milwaukee Business Journal’s “Top 25 Largest Milwaukee-Area Mortgage Banking Companies.” Inlanta has also received the Platinum Million Dollar USDA Lender Award and was a finalist for the 2010 Mortgage Technology Award.

The company’s platform supports high producing professional partner offices with the latest technology and product menu focused on unsurpassed service and quality to both the consumers and employees. Inlanta takes pride in the highest level of honesty, integrity and ethics in all its business dealings. It is a member of numerous state Mortgage Bankers Associations and Lenders One, the largest cooperative of mortgage bankers in the nation. Inlanta is an accredited member of the Better Business Bureau with an A+ rating. For more information, please call Inlanta Mortgage at 262-439-4260, email info@inlanta.com or visit the company’s website at www.inlanta.com.