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Prudential CA/NV/TX and Metrocities Mortgage Enter Marketing Agreement

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RISMEDIA, July 7, 2008-Prudential California/Nevada/Texas Realty has entered into a marketing services agreement with Metrocities Mortgage LLC, a leader in the residential mortgage lending market. The agreement will provide home buyers with the convenience of in-house loan services at Prudential offices, and access to an extensive product selection, including government and state bond loans. Prudential’s mortgage arm operates as The Home Loan Group.

“We are extremely excited about our affiliation with Metrocities and the synergy that it will bring us as a company,” said Ed Krafchow, president, Prudential CA/NV/TX. “With Metrocities as our strategic partner, we will have the opportunity for a long-term relationship built on a shared commitment to meeting the highest standards of customer service excellence.”

According to the company, Metrocities is nationally known as a leader in joint ventures with real estate companies. As a mortgage banker and broker, they have an extensive product selection and are experts in increasingly important government programs including FHA, Freddie Mac, Fannie Mae and state bond loans. They also offer private mortgage banking services with loan amounts up to $45 million.

“Metrocities is thrilled to partner with Prudential CA/NV/TX Realty, the 5th largest affiliate in the Prudential network nationwide,” said Anna Ruotolo, Metrocities’ executive vice president, Northwest Region. “We look forward to providing Prudential clients with a multitude of loan offerings that will cater to their unique needs and presenting a ‘one-stop shopping’ experience.”

Metrocities, says the company, has an impressive track record in customer service, as shown by their “Heroic Customer ServiceSM” guarantee and three consecutive CustomerSAT ACE Awards for borrower satisfaction. A member of the Prospect Mortgage family of companies, Metrocities is backed by a multibillion dollar private equity fund.

For more information, visit www.PruRealty.com.

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