Columbus, OH – June 30, 2009 – Residential Finance Corporation (RFC) (http://www.residentialfinance.com), a nationwide mortgage lender specializing in refinance loans, won the Stevie^® Award for Sales Department of the Year in The 2009 American Business Awards^SM.

To win, RFC beat nine other Stevie Award finalists, including the US Postal Service Sales, Careerbuilder.com, and The Hartford. In accepting the Stevie Award, RFC President Michael Isaacs said, “In 2008, as the mortgage industry was downsizing, we invested in training and development and recruited veteran sales leader Obiora Egbuna as Vice President of Sales. Making these investments was a tough decision, due to the economic climate, but we were committed to equipping our Sales Department with the resources they needed to succeed in these challenging times. In the end, the enhanced training and leadership, together with enhanced marketing, boosted our productivity by more than 50-percent.  Our sales increased.  More importantly, our quality skyrocketed.”

Isaacs added, “Residential Finance Corp. is honored that our sales department has been recognized as the nation’s best with this prestigious business award. Despite the downturn in the economy and the turbulence in mortgage refinance lending, our company remains dedicated to providing the utmost in training and support to help every member of our sales team to achieve their best, while delivering the finest possible customer experience. Under the leadership of Obi Egbuna, and special coaching from mortgage industry expert Dale Vermillion, our sales department just keeps getting better. It is a fitting tribute that the American Business Awards has singled out RFC’s exceptional team of mortgage refinance professionals with this year’s Stevie Award for Sales Department of the Year.”

In the past three months, the mortgage refinance lender has also been recognized as a finalist for the Business First - 13th Annual Corporate Caring Award, and achieved second place in the Tampa Bay Business Journal’s Best Places to Work 2009 Awards. “Residential Finance Corp. is proud of each and every individual who is an essential part of our award-winning team,” noted Isaacs. “Their dedication and commitment to excellence across the board is what make our company stand out as a mortgage refinance lender, and it’s what brings us continual referrals and repeat business.”

This year, more than 200 leading executives judged over 2,600 entries to determine Stevie Award winners in the only national, all-encompassing awards program honoring great performances in business.  

Details about The American Business Awards and the list of Finalists and Stevie Award winners, visit: www.stevieawards.com/aba.

About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

About Residential Finance Corporation:

Residential Finance Corporation (RFC) (http://www.residentialfinance.com) is the nation's premier home mortgage company specializing in refinance. Founded in 1997 and now serving 26 states, RFC is "Full Eagle" certified by the FHA, offering refinancing borrowers the security and great rates of government-insured home mortgage loans. RFC's investor relationships include some of the nation's largest and most diverse investment banks. From headquarters in Columbus, OH and numerous regional offices, RFC employs hundreds of knowledgeable Home Loan Consultants dedicated to helping consumers find the right home mortgage loan--with the best mortgage rates, terms and costs--to meet each homeowner's unique needs. For more information, contact Jessica Manna at 614-255-4317.

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