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FOR IMMEDIATE RELEASE:

St. Louis, MO (December 20, 2013)- Cornerstone Mortgage, Inc., a privately-held St. Louis based mortgage-banking firm, is proud to announce Patrick Andre as their new General Counsel and Chief Compliance Officer.

Cornerstone is excited about Patrick Andre’s new position as the General Counsel and Chief Compliance Officer of Cornerstone Mortgage Inc.Patrick was previously a Senior Loan Officer with Cornerstone and has originated over $100 million in residential mortgage loans. Patrick joined Cornerstone in 2010. Prior to working at Cornerstone, he held the position of Division Counsel and Assistant Division Director for the Illinois Office of Banks and Real Estate. He was also the Regulatory Attorney for the US Department of the Treasury, and Vice President and Trust Counsel for a local St. Louis Bank.

Cornerstone and the entire mortgage banking industry are subject to an ever increasing amount of regulations and compliance requirements from both the state and national levels. We have always believed in strict compliance with all consumer protection laws.Mr. Andre’s experience makes him uniquely qualified to oversee our efforts in this regard,” stated Jim Dean, President/CEO.

Patrick graduated from the University of Illinois-Champaign and the St. Louis University School of Law. He is currently licensed to practice law in Missouri. He is also licensed as a Mortgage Loan Originator in Missouri. He is married to Joël and has five children. Patrick and his family reside in Manchester, Missouri.

About Cornerstone Mortgage, Inc.:
Cornerstone Mortgage, Inc. has been in operation since 1995 and was founded by Jim Dean (President/CEO) and Angi Stevenson (Senior Vice President/COO). Cornerstone Mortgage, Inc. is currently licensed in six (6) states and has over 165 employees, with 14 locations and is rapidly growing. Jim Dean (President/CEO) was named one of the 100 Most Influential Mortgage Executives in America by Mortgage Executive Magazine in 2013 and 2014. Cornerstone Mortgage, Inc. is an A+ accredited lender with the Better Business Bureau and continues to have an outstanding reputation. In 2013, Cornerstone Mortgage, Inc. became the #1 largest lender in Missouri to have approvals from all three agencies: Freddie Mac, Ginnie Mae, and Fannie Mae. Cornerstone Mortgage, Inc. was named a Top 100 Mortgage Company in America by Mortgage Executive Magazine. The company was listed as one of the top-producing mortgage lenders in the country by Scotsman Guide. Angi Stevenson (Senior Vice President/COO) and Cornerstone were featured in Forbes Magazine in 2013. Revenues at Cornerstone have grown to exceed $26 million dollars annually, with closed loan production surpassing $900 million annually. Cornerstone is a ProLoan approved lender. Cornerstone has been featured on the fastest growing privately-held companies in America list by INC. 500/5000 for four (4) years in a row. Regionally, the company has been the #1 fastest growing mortgage banker in Missouri for the last five (5) years and is currently the 17th fastest growing privately-held company in the St. Louis region. The company is currently the 2nd largest privately-held mortgage banker in Missouri. Cornerstone is also a Top 2 USDA lender in Missouri. Processing, underwriting, and closing are completed locally by Cornerstone.

For More Information, Contact:
Jim Dean, President
Cornerstone Mortgage, Inc.
17280 N Outer 40 Rd., Suite 100
Chesterfield, MO 63005
(314) 995-9919

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