SOURCE: National Family Mortgage, LLC

National Family Mortgage, LLC

January 24, 2012 09:58 ET

National Family Mortgage Answers Call for Industry Transparency

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:

nationalfamilymortgage.com/declare

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.

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