St. Louis, Missouri (February 21, 2011) Cornerstone Mortgage, Inc. a privately held St. Louis based mortgage banking firm is proud to announce it has received approval as a Fannie Mae seller servicer. This distinction allows Cornerstone Mortgage, Inc. to retain mortgage servicing rights, expand product offerings as well as sell and pool loans into mortgage backed securities.

When asked how the approval will assist the company and its customers, Jim Dean responded, it will allow us to retain servicing when we choose to, realize pricing advantages over the competition and become more independent from the larger lenders. He went on to comment, this approval solidifies our position as an independent mortgage banker not reliant on any other company to originate, fund and service loans.

Cornerstone Mortgage, Inc. is a locally owned and operated Mortgage Banking firm with a proven track record in retail mortgage originations. Founded in 1995 by Jim Dean, President/CEO and Angi Stevenson, Senior Vice President, Cornerstone Mortgage has over 35 licensed Loan Officers and 6 locations serving the St. Louis metropolitan area. In 2010, the company originated in excess of $500 million in residential home loans and was ranked the #1 fastest growing mortgage banking firm by the St. Louis Business Journal. Cornerstone Mortgage, Inc. has been accredited by the Better Business Bureau since 1996 and has an A+ rating.

For More Information Contact:
Jim Dean, President
Cornerstone Mortgage, Inc.
11255 Olive Blvd St. Louis, MO
(314) 995-9919