SOURCE: SourceMedia

January 25, 2007 10:00 ET

SourceMedia Launches Mortgage University, an Online Suite of Professional Education Courses for Mortgage Brokers and Lenders

Publisher of National Mortgage News and BrokerUniverse Offers Both Retail and Customized Private Label Learning Solutions for Continuing Education and Professional Enhancement

NEW YORK, NY -- (MARKET WIRE) -- January 25, 2007 -- Adding to its extensive line of mortgage publications, websites, database products, and proprietary research for the mortgage market, SourceMedia's Mortgage Group, publisher of National Mortgage News and BrokerUniverse, announced today the launch of Mortgage University, an array of correspondence and online courses designed to fulfill the professional education and compliance needs of mortgage professionals. Mortgage University aims to help those new to the market as well as seasoned professionals looking to enhance their skills through partnerships with leading providers of mortgage courses and curricula. Courses are available to individual brokers, lenders and originators via the Mortgage University website ( or via customized private label programs designed specifically for brokerages and banks, with automated compliance notification, back-end tracking, and more.

Mortgage University will cover the many and varied areas of mortgage lending. Students can choose courses such as the Principles of Mortgage Origination, FHA/VA Lending Basics, Conventional Processing, Underwriting the Conventional Loan, and much more. Mortgage University's distance learning system combines the best of correspondence and online delivery methods resulting in a superior level of educational experience. By utilizing the technology of online homework processing, the student benefits from the efficiency and convenience of the electronic age. Instructors are available to answer questions, either by phone or email.

"In an industry that is highly sensitive to regulatory changes, federal standards, and trends, we are pleased to offer this education resource to help our readers meet all their education requirements and compete in today's rapidly changing marketplace," said Tim Murphy, Group Publisher for SourceMedia's Mortgage Group. "We are committed to the highest standards of professional training. Our program will be continuously updated and will be known for its depth and completeness."

About BrokerUniverse and SourceMedia, Inc.

SourceMedia's and BrokerUniverse Daily are the online companions to Broker magazine, a monthly print publication for mortgage originators. Broker's online counterparts provide business and marketing tips, regulatory and legal updates, as well as news and analysis to over 50,000 mortgage brokers and loan officers who utilize these tools to grow their businesses. Combined, these online and print publications offer the most comprehensive sales and management resources available to mortgage originators.

SourceMedia, an Investcorp company, provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences.

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