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Gateway Mortgage Group Acquires South Houston Retail Branch

June 27, 2012

TULSA, OK – Gateway Mortgage Group, a privately held mortgage company offering originations, servicing and correspondent lending, announced its entrance into the south Houston market with its newest branch at 389 Cedar Street South, Matagorda, Texas.

Local mortgage industry veteran Teri Treadway will manage and grow the new retail branch with her highly skilled staff. Treadway has more than 33 years of experience in the industry and was most recently a branch manager with Cornerstone Mortgage where she helped more than 10,000 families obtain home loans. She specializes in assisting homeowners who seek industry and local expertise on a variety of mortgage loan programs.

Treadway chose to join Gateway for its entrepreneurial platform and corporate support, which significantly alleviates operational burdens for the staff, allowing them to maintain a strong focus on meeting their clients’ needs.

“Gateway’s solid infrastructure and flexibility enables local decision making,” said Treadway. “Gateway’s we can now provide a promise of speed, accuracy and reliability to enables us to better serve our borrowers and real estate partners.”

“Teri and her team represent some of the best talent in South Houston when it comes to serving her community through home ownership,” said Kevin Stitt, president of Gateway Mortgage Group. “As we continue to drive our strategic growth plans, it is imperative we remain focused on excellent stewards to represent Gateway to their respective markets. And Teri and her team clear that hurdle with significant strength.”

Treadway and the branch also support the local Boys and Girls Club and Rotary Club in Bay City. She is a Matagorda food drive and Texas Oilman volunteer as well as a sponsor for the Texas Coastal Conservation Association, Ducks Unlimited, Texas Trio tournament and Latchkey Program.

About Gateway Mortgage Group

Founded in 2000, Tulsa, Okla.-based Gateway Mortgage Group LLC is a complete end-to-end mortgage banking firm that offers conventional, FHA, VA, Section 184 and USDA loans through a network of more than 50 retail branches across 25 states. The company services more than $1.5 billion in residential mortgages and in addition to its default servicing group, Gateway operates a correspondent lending channel. Through Gateway’s strong dedication to its borrowers and local communities, the company helps customers make sound financial decisions with the right loan product to meet their needs. For more information about Gateway, visit www.GatewayLoan.com.

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