Prudential Gary Greene Realtors, Wells Fargo Home Mortgage Announce Joint Venture

RISMEDIA, March 19, 2008-Houston-based Prudential Gary Greene Realtors announced the launch of a joint venture with Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A. The joint venture, named Gibraltar Mortgage Services, will originate and fund mortgage loans for clients of Prudential Gary Greene, Realtors.

According to the company, the new venture will offer clients a wide range of home-financing products and services available from Wells Fargo Home Mortgage, from industry-leading options for first-time home buyers to loan products for high-end clients.

The joint venture will use Wells Fargo Home Mortgage’s underwriting, compliance and loan-processing services. This value-added approach recognizes the growing client preference for a simplified home-buying experience, with real estate, financing and insurance services all under one roof.

“The selection of Well Fargo demonstrates our commitment to provide our clients with the best products available in conjunction with the highest level of customer service,” said Mark Woodroof, partner with Prudential Gary Greene. “Wells Fargo’s expertise, work ethic and customer service complement those of Prudential Gary Greene and reflect the dedication we each share to find the best alliances possible.”

“Customers consistently tell us that being able to get all their services in one location is important to them,” said Cheryl A.Van Dyke, area sales manager for Wells Fargo Home Mortgage based in Houston. “We are pleased to offer our onsite mortgage services to customers of Prudential Gary Greene Realtors.”

Joe Jackson, head of Wells Fargo Ventures, said the company values the relationship with one of the leading real estate brokerages in Houston.

“Over the past 12 years, our priority has been on building relationships with outstanding real estate companies and supporting their agents through superior service to clients, whether they’re purchasing new construction, resale, second homes or luxury properties,” he said. “By creating a strategic alliance, we’re able to provide Prudential Gary Greene’s clients with a team of experts working together to offer a best in class real estate and mortgage experience.”

For more information, visit www.GaryGreene.com.