SOURCE: SourceMedia

SourceMedia

June 17, 2009 10:28 ET

Origination News Announces Partnership With Mortgage Originator

Origination News and BrokerUniverse.com to Provide Extended Market Value to Current Print and Online Readership and Advertisers

NEW YORK, NY--(Marketwire - June 17, 2009) - Origination News, a SourceMedia publication that provides breaking news, industry trends and analysis for loan originators, mortgage brokers and bankers, announced today that they have formed a strategic alliance with Mortgage Originator magazine, a magazine published by Summit Business Media.

With the July issue, Origination News will fulfill Mortgage Originator's subscription commitments by welcoming subscribers into the publication. Additionally, current print and online advertisers will be served through the end of the year and much of Mortgage Originator's content will be presented in BrokerUniverse.com, Origination News' online counterpart, and in Origination News.

"By combining the assets of two respected brands, Origination News and Mortgage Originator, we're able to deliver an enhanced product to the market and solidify a leadership position in the sector," says Timothy Murphy, Vice President and Publisher of SourceMedia's Mortgage Group. "This arrangement provides our readers with the best aggregation of content and should lead to increased engagement from our online community."

Murphy continues, "While the mortgage industry has experienced recent challenges, originations continue to serve as its life blood. As the economy recovers and pending industry regulation is resolved, mortgage originators will once again become the focal point of a very vibrant industry that SourceMedia will be uniquely positioned to serve."

Summit Business Media Senior Vice President John Whelan says, "Mortgage Originator is a strong brand that was an established part of our portfolio. This partnership is a win-win for both of us and we know that our readers and advertisers will be well-served by Origination News and SourceMedia's Mortgage Group."

About Origination News and SourceMedia, Inc.

Origination News, www.originationnews.com, is the monthly news source favored by more than 20,000 readers -- brokers, bankers, and lenders -- of which 3,000 are paid subscribers. Origination News meets the pressing information needs of these active players by providing the latest news, analysis and exclusive data. From producers, processors and underwriters to the wholesalers who need to stay abreast of the latest trends and track the competition, all these find Origination News to be the paper of record for the industry.

SourceMedia, an Investcorp company, is the pre-eminent provider of timely and essential news, analysis, research, and insights for members of the financial services community, and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional publications, industry-standard data applications and in-depth seminars and conferences.

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