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![]() “We don’t have anywhere near the overhead as the big banks, and we’ve been able to pass those savings on to our customers in the form of lower interest rates and no closing costs,” said J. Paul Reddam, president/CEO of CashCall and founder of DiTech Funding Corp. “We’re thrilled to help consumers save money on their mortgages and be a positive part of the economic recovery by creating hundreds of new jobs.” Cashcall’s streamlined application and lending processes continues to lower both its own costs and the costs of its customers, say company reps. “It seems that consumers are becoming smarter shoppers and realizing that lenders such as CashCall offer the same mortgage refinancing as big banks – but at lower rates and often with less hassle,” Reddam said. Related headlines: Irvine-based online lender launches hiring blitz Tustin-based Sunwest Bank offers mortgage home loans Mortgage defaults rise in Orange County |
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