MEDIA & EVENTS - Mentions

Whether industry articles, expert quotes or news releases, SRG executives are frequently sought out as resources by the industry’s foremost publications. Leading publications frequently publish SRG insights.

A sample of some of the articles is below. The complete list is avalable by clicking here.

Secondary Marketing Executive, December 2007
It's Time to Reevaluate Warehouse Lender Relationships
“Today’s dramatically changing market conditions require mortgage originators to reevaluate their existing warehouse lender relationships. Business opportunities are simultaneously emerging, changing, tightening – and in some cases – drying up entirely. Originators need to place themselves in the best possible position to weather these changes and position themselves to thrive in this new market environment. Beyond having a warehouse lender with financial stability and longevity through multiple business cycles, originators should align with warehouse lenders that support their survival now and their success in the future. Originators must evaluate whether their warehouse lender supports these evolving business patterns by ensuring that they: 1) Embrace new technologies necessary for the evolution of eMortgages, 2) Provide flexible pricing methods that match risk and maximize profits, 3) Supply quantitative information that improves best execution decisions, 4) Integrate with preemptive fraud detection and risk mitigation services, and 5) Enhance the relationship through additional value-added services. ”

Community Banker, October 2007
Saving Warehouse Lenders Money, Time and Trouble
“This case study written by by David Frase of Southwest Securities, FSB for Community Banker magazine describes the advantages of the SRG Warehouse Loan System. ”

MBA News Link, August 13, 2007
In Tight Times, Warehouse Lender Flexibility Survives
“The biggest issue facing warehouse lenders operationally today is how to make their operations the most cost-effective through staff reductions and higher automation,” Street said. “And, their ability to improve their risk management through automated methods [with] the ability to attract originators shopping for new warehouse lines.”

The Wall Street Journal, January 10, 2007
Subprime Lenders May Face Funding Crisis
“Independent mortgage lenders, because of their limited capital, rely on this form of financing more than deposit-taking banks or other big financial institutions. To secure the revolving lines of credit, mortgage lenders use the loan they originate as collateral. Stanley Street, president of consultant Street Resource Group Inc. in Atlanta, estimates that about 20% to 30% of all U.S. residential mortgages are backed by warehouse financing at some point.”

US Banker, January 2007
Warehouse Lending Offers Potential, But Beware the Risks
“Warehouse financing is a crucial part of the mortgage process, says Stanley Street, president of Street Resource Group. He estimates that 20 percent to 30 percent of all mortgages prompt a warehouse loan even though the end customer – the homebuyer – never sees it. ‘This is an $800 billion market that no one knows about,’ he says.”

National Mortgage News, October 23, 2006
Street Resource Group at MBA to Tout Warehouse Leadership
CHICAGO—Warehouse lending expert Stanley Street is going to the MBA annual in Chicago with a mission. At the top of his list is letting the mortgage world know what his company, Atlanta-based Street Resource Group, is doing to further warehouse lending automation and to mitigate the problem of fraud in the warehouse transaction.

Scotsman Guide, October 2006
Closing the Gap by Stanley Street
Making the broker-to-banker transition? Your warehouse-lending alternatives may be expanding. Reliable interim-financing sources are the lifeblood of the mortgage-origination business. Mortgage originators traditionally have had several options to ensure that adequate gap financing is available between closing a loan and its purchase by the secondary market. These include self-funding; a mortgage warehouse line or purchase/sale facility with an institutional warehouse lender; early purchase programs from end mortgage investors; or a business line of credit with a commercial bank.

The Insider: Utah Mortgage Lenders Association, September/October 2006
Warehouse Lending by Stanley Street
Reliable liquidity is a cornerstone of the mortgage industry’s rampant growth and the business opportunities that arise from it. Warehouse lending remains a critical element of mortgage lending liquidity.

Origination News, September 2006
Getting Funds to the Lender by Stanley Street
The portion of the mortgage origination process that is the most hidden from the consumer is how their loan gets funded. They show up at the closing table and, like magic, several checks appear to cover the price paid to the seller, fees due and other miscellaneous items.

Inside Mortgage Technology, Aug. 11, 2006
Warehouse Lenders Need Innovative Tech to Compete by Stanley Street
Warehouse USA uses technology from Street Resources Group, which may be the lone vendor that focuses solely on warehouse lenders. Whenever loans hit the SRG system, they are subject to several validation tests via internal engines and external services. The results are sent to the lender’s proprietary filter that flags the loans as either pass or fail. Then the loans are pushed back in to the SRG system and flow into the lender’s processing system.

Secondary Marketing Executive, June 2006
Warehouse Lenders are Adapting to a Challenging Mortgage Industry
Stanley M. Street, president of Atlanta-based Street Resource Group, says these partnerships are becoming more common. “Most originators have, or should have, more than one warehouse line, and so loyalty becomes a big issue in terms of which warehouse lender gets the business, especially in an increasingly competitive marketplace,” says Street, whose company provides software to warehouse lenders. “The ability for the warehouse lender to offer funds for alternative products opens up that originator to be able to do more business.”

Mortgage Technology News, June 2006
Morphing Into Bankers
“The challenge for warehouse lenders is conveying the understanding of the process, of what it takes to be a mortgage lender, and that there are certain specific procedures that need to be followed during the warehousing transaction,” said Stanley Street, president of Street Resource Group, Atlanta. “Education of these policies and procedures is probably the hardest task of a warehouse lender to a broker-banker.”

Origination News, June 2006
As Automation Evolves, So Will Warehouse Lending
“As far as e-mortgages and its impact on warehouse lending, first of all the warehousers will be involved with an e-vault so each warehouse lender will have to have a repository where the data can reside and be transferred to the investor,” said Stanley Street, president of warehouse automation vendor Street Resource Group. “So, the warehouse lender will still be in the funding loop, but it will be electronically.”

National Mortgage News, May 15, 2006
Automation to Transform Business
“As far as e-mortgages and its impact on warehouse lending, first of all the warehousers will be involved with an e-vault so each warehouse lender will have to have a repository where the data can reside and be transferred to the investor,” said Stanley Street, president of warehouse automation vendor Street Resource Group here. “So the warehouse lender will still be in the funding loop, but it will be electronically.”

The Georgia Mortgage Press, May 2006
Street Resource Introduces Loan-Import Capability
Street Resource Group Inc. (SRG) has developed the capability to import loan origination system data into its SRG Warehouse Loan System, using the standardized Fannie Mae 3.2 file format, as well as user-configurable import file format templates.

Inside Mortgage Technology, April 7, 2006
Vendor News Roundup
Warehouse mortgage technology developer Street Resource Group announced that InSouth Funding of Naples, FL, and Alabama-based New South Federal Savings Bank have gone live with the firm’s .NET Warehouse Loan System. InSouth runs the system from its servers, while New South uses the Web-based version.

MBA Tech NewsLink, April 11, 2006
New Products/Tech Briefs
Street Resource Group Inc., Atlanta, a provider of technology services and software specific to warehouse lending, announced that both INSOUTH Funding Inc., and New South Federal Savings Bank went live with its Microsoft .NET Warehouse Loan System software upgrade.

Yahoo! Finance, March 29, 2006
IStreet Resource Group, Inc. (SRG), a provider of innovative technology solutions and software specific to warehouse lending, announced that both INSOUTH Funding, Inc. and New South Federal Savings Bank went live with its Microsoft .NET Warehouse Loan System software upgrade. SRG makes this announcement at the MBA's National Technology in Mortgage Banking Conference & Expo.

Real Estate Technology News, March 20, 2006
Street Resource Group Automates warehouse loan import
Users of the company’s Warehouse Loan System can import LOS data into using the standardized Fannie Mae 3.2 file format and configurable import file format templates. The update provides a fuller data set for warehouse lenders and prevents duplicate data entry by originators.

Mortgage Banking, March 2006
Warehouse Lending Comes of Age by Stanley Street
Warehouse lenders provide short-term financing to mortgage lenders selling loans into the secondary market. Characterized as short-term lines of real estates—secured credit, warehouse lines allow mortgage bankers to fund loans in the secondary market until purchased by institutional investors.

Origination News, March 2006
The Ins and Outs of Adopting Web Technology
“SMART Client is a Windows app that you can install remotely over the Internet. And run on your desktop,” said David Brackin, senior software architect at warehouse automation vendor Street Resource Group. “One of the biggest pluses is that you can work in the application as long as you’re connected to the Internet. It’s the wave of the future. The browser-based apps are on the way out.”

Mortgage Technology, November/December 2005
Technology Evolution by Stanley Street
In 1999, Street Resource Group, Atlanta, made a strategic decision to focus solely on the warehouse lending industry with the goal of becoming the premier software platform of choice and an integral industry utility. Automating warehouse lending is a tricky business because it involves the electronic collaboration between two different companies, the lender originating the loan and the lender that will warehouse it. For this reason SRG is a vendor to watch.

MBA NewsLink, Oct. 24, 2005
MBA 92nd Annual Convention & Expo
Atlanta-based Street Resource Group Inc. (SRG), announced availability of its Warehouse Loan System software via an application service provider (ASP) platform. Commerce Bank and Trust, Worcester, Mass., became one of the first to leverage SRG’s warehouse lending platform.

Real Estate Technology News, Oct. 21, 2005
Street Resource Group (SRG), which provides technology solutions and software platforms specific to warehouse lending, has partnered with Interthinx to integrate its fraud prevention tools into the SRG Warehouse Loan System. The partnership is designed to give lenders an efficient warehouse lending platform and solid data security.

Yahoo! Finance, Oct. 20, 2005
Street Resource Group, Inc. (SRG), …partnered with Interthinx to integrate advanced fraud prevention tools into its SRG Warehouse Loan System. The partnership between SRG and Interthinx(TM), a leading provider of comprehensive fraud prevention and decision support tools for the mortgage industry, provides lenders with an efficient warehouse lending platform and innovative data security.

National Mortgage News, Sept. 19, 2005
Exploring the Pros and Cons of WebEx Training
Stanley Street, president of warehouse automation vendor Street Resource Group, Atlanta, agrees that WebEx has its pros and cons. SRG has the difficult job of training two distinct parties at the same time, the lender that originated the loan, and the lender that will warehouse it until funding.

Inside Mortgage Technology, Sept. 30, 2005
Street Resource Automates Warehouse Lending Process
Atlanta-based Street Resource Group says its warehouse lending automation platform can increase productivity by 25 to 30 percent. That claim is supported by one of its users, Terwin Warehouse Management, a subsidiary of The Winter Group.

Market Watch from DowJones, June 1, 2005;
Forbes.com Business Wire, June 2, 2005
Reynolds Group Warehouse Lending Seminar Targets Best Practices and Fraud Prevention Education
One day seminar addresses lenders' concerns on marketing, credit, risk management, wires and custody.

Yahoo! Finance, June 1, 2005
ADVISORY/Reynolds Group Warehouse Lending Seminar Targets Best Practices and Fraud Prevention Education
One day seminar addresses lenders' concerns on marketing, credit, risk management, wires and custody.

Secondary Marketing Executive, June 2005
Revisit Your Strategies To Maximize The Benefits Of Your Lines: Focus on Business by Stanley Street
Reliable liquidity is a cornerstone of the mortgage industry’s rampant growth and the business opportunities that arise from it. Although sometimes overlooked in the context of the refinance boom, the advent of e-mortgages, the fraud plague and compliance challenges, and warehouse lending is a critical element of mortgage lending liquidity.

The New York Mortgage Press, June 2005
SRG Upgrade Aids Warehouse Loan Process
WarehouseOne has integrated Street Resource Group Inc.’s (SRG) Upgraded Warehouse Loan System. Internally, the new system handles more methods for posting client accounts. Clients can upload loans for funding, thereby reducing or eliminating manual processes such as faxing and re-keying data, and the program alerts clients when information is missing or invalid. Real-time reporting is also available for lenders and originators who want manage and monitor their warehouse pipeline. The upgrade also strengthens compliance with the Sarbanes-Oxley Act.

National Mortgage News, May 16, 2005
WarehouseOne Embraces .NET Trend with SRG
WarehouseOne went live with the new Microsoft SQL2000 .NET version of Street Resource Group. Inc.’s Warehouse Loan System to further streamline their process and create greater efficiencies for their clients.

MBA NewsLink, May 12, 2005
Technology Reduces Warehouse Lending Costs
Stanley Street, president and founder of Street Resource Group , Atlanta, said the time between warehouse lenders funding the loan at closing and originators delivering it to the investor can take between 10 days and two weeks. “There is more demand because there are more players on the borrowing side and, therefore, there are now more lenders on the warehouse side,” Street said. “It’s a very growing market base.”

MBA Tech NewsLink, April 05, 2005
Strong Relationships Ease Secondary Online
HanoverTrade Inc., Edison, N.J.; Street Resource Group, Atlanta; and Regions Funding, Atlanta, have online real time connectivity with open architecture systems that can transfer or upload data using HTML, Excel files or text files. The transmission of loan data begins with the mortgage originator sending a loan package to a warehouse lender, a correspondent lender or another investor.

Mortgage Technology News, 2005
Warehouse Vendor Emphasizes Fraud Prevention
In order to allow its clients to benefit from additional data integrity and collateral risk mitigation services, Street Resource Group, an Atlanta based provider of technology services and software to the mortgage warehouse lending industry, is giving its customers access to a platform from DataVerify Corp., a provider of fraud prevention and decision management software and services.

Mortgage Technology News, 2005
How Web Technology is Reshaping Warehouse Lending
Technology is changing the competitive landscape for the warehouse lending industry. Mortgage originators operating in an increasingly competitive, rising-rate environment are looking to wring every penny’s worth of profit out of their business models. To that end, they are increasingly utilizing warehouse lenders to boost marketability and enhance revenue. In turn, the burgeoning warehouse lending industry is looking to technology for a competitive advantage in wooing customers

Mortgage Technology News, 2005
How Far Along Is The E-Mortgage?
STANLEY STREET: From a warehouse lending perspective, I agree the technology is there. But the procedure is really all about acceptance because the warehouse lenders that we've talked to really are waiting for the investors because the process really has to be negotiated in terms of how the registrations will happen, how you transfer the record and the process. Nobody has really addressed the processes yet until the investors buy into it.

Mortgage Technology News, 2005
Going Beyond the Buzz
DAVID BRACKIN: MISMO is defining the various types of XML documents from the loan info, appraisal, etc. So, as long as you follow that standard in theory you can communicate with other players very easily. Similarly, what HTML did for the Internet is allowing everybody to communicate using browsers and MISMO is doing the same for this industry.”

Mortgage Technology News, 2005
More Buzzwords Dissected
DAVID BRACKIN: In our niche of warehouse lending we create the software that runs through the mortgage warehouse, which typically has the loan from seven to 10 days. They only have the loan for a short period of time and don't typically register each loan on MERS because it's too much work and overhead. We've had a request to do it on a loan-by-loan basis.