Berkshire Calloway Announces Regional Division For Lending Divisions

May 22, 2009 - PRLog -- Berkshire Calloway Holding Company (BCHC) announced today that its three majore mortgage based lending arms would be divided into three different regions accross the United States. The divisional breakdown would be as follows; The west would be controlled by Universal Bancorp, the east would be controlled by Qwest MAC, and the south would be controlled by US Banncorp. Each individual company would still be supported by UBC Direct for all of their underwriting and processing needs.

BCHC felt that it was in the best interest of the company to divide the country in three separate distince regions. As COO Greg Steinaker stated "they are not states, they are states of mind". Many states have their own interpretations of Reg Z as well as other distinct nuances. BCHC feels that it is important for the company to be in better touch with their lending areas. Operating in the same time zone offers numerous advantages over having a single call center.

Each company will accept retail business only and will concentrate there efforts on; purchases -for repeat and first time home buyers- refinances, and FHA (including reverse mortgages and streamlines). Each division will generate leads through the SEO being conducted by BCHC which will bring customers to its centralized website, which will then 'scrub' the data and then run it through its own proprietary underwriting engine. Once completed (about 30 seconds) it will then forward the information to the respective division. The other means of orignation will be through our data base of regional realtors, and our joint venture realtionships with golf course ownership ownership companies and back end realtor based networking software. This would be on top of our traditional means of advertising; Local, targeted television and radio advertisement.

For addition information on Berkshire Calloway or any of it's U.S. based companies please contact g.steinaker@berkshirecalloway.com

# # #

Berkshire Calloway Holding Company is a multi-national holding group which controls 29 financial based companies across the country. It maintains offices in; Singapore, London, New York and San Francisco