Real Estate Central

TUCSON, Ariz., July 4 /PRNewswire/ — Realty Executives Southern
Arizona, the top locally-owned real estate brokerage in Southern Arizona
announced today that it has entered into a relationship with Redington Home
Loans, a region-wide mortgage lender and an affiliate of Wells Fargo Home
Mortgage, a division of Wells Fargo Bank, N.A., the nation’s No. 1 retail
mortgage lender and No. 1 strategic alliance lender. Redington Home Loans,
LLC, will provide origination and funding of mortgage loans for clients of
Realty Executives Southern Arizona.

The new venture will offer clients a wide range of home-financing
products and services available from Wells Fargo Home Mortgage, including
industry-leading options for first-time homebuyers and loan products for
high-end clients. The 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 title insurance
services all under one roof.

“In choosing Well Fargo, we are staying true to our commitment to
provide our agents and their clients with the best products available and
delivered with the highest level of customer service,” said Anthony Azar,
CEO of Realty Executives Southern Arizona. “Wells Fargo’s expertise, work
ethic and customer service complement those of Realty Executives Southern
Arizona and reflect the dedication each of us shares to find the best
alliances possible.”

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

“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, re-sale, second-homes or luxury properties,” he said. “By
creating a strategic alliance, we’re able to provide Realty Executives
Southern Arizona’s clients with a team of experts working together to offer
a best in class real estate and mortgage experience.”

About Wells Fargo Home Mortgage

Wells Fargo Home Mortgage is the nation’s No. 1 retail mortgage lender
and servicer of home mortgages. As a division of Wells Fargo Bank, N.A., it
has a local presence in more than 2,400 mortgage stores and bank branches,
plus the capabilities to serve the home financing needs of customers
nationwide through its call centers, Internet presence and wholesale
lending operations. Wells Fargo Home Mortgage services loans for more than
8 million servicing customers.

About Realty Executives

Realty Executives Southern Arizona is the largest locally-owned real
estate brokerage in southern Arizona (with twelve offices and over four
hundred real estate agents) and ranks in the top 137 out of nearly 90,000
real estate brokerages nationwide. An industry leader in agent training and
use of technology to better serve clients, the company reached a milestone
$1,323,755,137 in sales volume in 2005. Realty Executives Southern Arizona
is a member of an international network with offices and service partners
across the US and in fourteen foreign countries.



Press Release Contact Information:
Debora Blume
Media Contact
Wells Fargo Home Mortgage
(515) 213-4185
debora.k.blume@wellsfargo.com

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[Via Real Estate Newswire]