Press Releases

Peer-to-Peer Lending Company Declares Customer Bill of Rights

BOSTON, MA — (Marketwire — Jan. 24, 2012) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced its support for SlashDeclare, a collaborative movement from innovative financial services companies wanting a more productive, fair and transparent system for everyone. The movement was recently founded by top disruptive financial services companies, Betterment, PerkStreet Financial, and BillGuard.

“We are proud to be a part of the growing SlashDeclare movement and are committed to helping bring transparency and fairness to consumers across America.” said Timothy Burke, CEO and founder of National Family Mortgage. “National Family Mortgage recognizes that high standards, full transparency, and a commitment to helping consumers find a better deal are the keys to restoring confidence in US financial services.”

To demonstrate their participation in the movement, National Family Mortgage created a SlashDeclare web page, which can be found at:

Customer Bill of Rights

This declarations page highlights a “Customer Bill of Rights,” that National Family Mortgage believes all of their customers are entitled to, including, “a right to build your own bank.”

“Together with Betterment and BillGuard, PerkStreet is pleased to be spearheading the SlashDeclare movement in an effort to create a better financial services landscape for all,” said Dan O’Malley, CEO of PerkStreet Financial. “SlashDeclare is about reforming our industry from the inside out, and National Family Mortgage is a fantastic addition to the roster of great companies participating in this revolution.”

About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure home loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. With interest rates that are typically lower than rates charged by a bank, National Family Mortgage allows consumers to take major steps toward achieving the dream of home ownership with help from family, while saving thousands of dollars.

National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/FamilyMortgage

BOSTON, MA — (Marketwire — Jan. 9, 2012) — National Family Mortgage, America’s premier peer-to-peer lending solution for home loans between relatives, today announced that company founder and CEO Timothy Burke will join a panel on the future of home financing at the upcoming Real Estate Connect 2012 Conference in New York City, New York, on Friday, January 13, 2012.

Who:
Timothy Burke, CEO of National Family Mortgage
Burke has long been regarded as a consumer advocate, a peer-to-peer lending pioneer, and a disruptor of established financial service models. As the sales director of the first online peer-to-peer lending company CIRCLE LENDING (later, VIRGIN MONEY US), he was responsible for leading a team that defined the industry with over $450m in loan volume between family members and friends. This commitment to beating a broken institutional banking system and empowering consumers to efficiently build, protect, and transfer family wealth led to his founding of P2P lending website, National Family Mortgage. NFM brings a safe, easy and affordable way for families to realize the dream of homeownership, save money, reduce legal and gift tax issues, protect relationships and keep money in the family.

What:
Panel discussion, “Rethinking Lending: The Future of Financing“
Innovative home financing solutions are crucial to our economic recovery. While home prices and interest rates are low, banks are not lending; today’s lenders require perfect credit, strong employment history and 20% down payments. According to the National Association of Realtors (NAR), 1/3 or recent first-time homebuyers received down payment help, usually from their parents. Meanwhile, the IRS has begun a nationwide crack-down on the widespread failure by Boomers to file required gift tax returns on intrafamily transactions. How can we ensure that today’s first-time buyers are not paying the price for yesterday’s failures by a broken banking system? Can peer-to-peer lending revive the real estate industry?

When:
Friday, January 13, 2012, 9:15 a.m. EST – 9:40 a.m. EST
Real Estate Connect Conference
Marriott Marquis Times Square

Produced by Inman News, Real Estate Connect is the preeminent, must attend conference that brings together the biggest names in real estate and technology to discover emerging trends and to develop innovative industry solutions for professionals and consumers.

Media attending the conference who are interested in arranging an interview with Burke should contact Jeanne Kleinberg at 781.269.5478 or at marketing@nationalfamilymortgage.com.

To learn more about National Family Mortgage’s Win-Win Mortgage please visit: https://nationalfamilymortgage.com

About National Family Mortgage
National Family Mortgage helps people structure, document, register, and manage the repayment of secure, tax-deductible mortgage loans with their relatives; in a way that is both financially and personally rewarding. Most National Family Mortgage customers are seeking to create win-win mortgage solutions and keep money in the family; borrowers access home loans with lower interest rates and origination fees than offered by most banks while lenders earn better returns than from CDs, money markets, or savings accounts. National Family Mortgages sets-up the serving of the loan to help protect relationships and make year-end tax reporting easy.

National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
Email Contact: marketing@nationalfamilymortgage.com
Twitter: http://www.twitter.com/familymortgage