ICBA Mortgage Solutions Names Michael Azzarello EVP of National Sales New community bank service provider builds team of industry experts

DENVER, Nov 12, 2010 (BUSINESS WIRE) -- ICBA Mortgage Solutions (ICBAMS), a provider of comprehensive mortgage services to help community bank members of the Independent Community Bankers of America (ICBA) originate, process, close, fund and sell residential loans, has named Michael Azzarello as executive vice president of national sales. In this new position, he manages national sales production, which includes the company's sales team, and builds community bank relationships as they relate to mortgage production and loan fulfillment services.

"Mike brings an exceptional level of knowledge in working with community banks to this position," said ICBAMS president Scott Hall. "This solid experience coupled with his proven success managing a production team will serve the participating community banks very well." Azzarello brings 34 years of experience in the mortgage banking industry to the position. His background includes regional and national production management responsibilities in retail, wholesale and correspondent lending channels.

Previously, he has held senior level management positions with national correspondent lenders, including HomeSide Lending and Washington Mutual.

"ICBA Mortgage Solutions gives community banks the services and tools they need to be profitable in the mortgage business, while serving their customers' needs," Azzarello said. "I am excited to be a part of this effort that will help community banks develop further expertise in this area and successfully compete with their larger counterparts." Azzarello is a member of the Certified Mortgage Banker (CMB) Society Committee of the MBA and received his CMB designation in 2005, which demonstrates his diverse knowledge and dedication to the mortgage banking industry.

About ICBA Mortgage Solutions LLC ICBA Mortgage Solutions offers an innovative, multi-functional suite of mortgage services to ICBA member banks that will efficiently help them originate, process and close residential loans. Through a secure, state-of-the-art platform, community banks are able to deliver loans (retail, wholesale or correspondent) to multiple preferred investors. Supported by dedicated and seasoned mortgage lending professionals and our highly scalable platform, banks have access to back-office fulfillment services and web-based, private-labeled origination capabilities. ICBA Mortgage Solutions is an affiliate of ICBA Mortgage and a subsidiary of LenderLive Network, Inc. For more information about ICBA Mortgage Solutions, please visit www.icbams.com.

SOURCE: ICBA Mortgage Solutions CONTACT: For ICBA Mortgage Solutions Charlyne H. McWilliams, 301-933-5567 or Megan Ard, 678-781-7223 Copyright Business Wire 2010 -0- KEYWORD: United States

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Residential Building & Real Estate SUBJECT CODE: Personnel