August 06, 1998
DM Helps Drive Loans at First Mortgage
First Mortgage Corp., Diamond Bar, CA, attributed its record volume of new mortgage loans to large investment in direct marketing operations. Loan volume rose 157 percent to $223 million.
In the first quarter of its fiscal year, First Mortgage saw its net income jump 338 percent to $1.16 million and revenues increase 72 percent to $7.72 million.