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 http://www.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.
Contact Information:
National Family Mortgage Press Contact:
Jeanne Kleinberg
National Family Mortgage, LLC
781.269.5478
Twitter: http://www.twitter.com/familymortgage