COLUMBUS, Ohio--(BUSINESS WIRE)--Residential Finance Corporation (RFC) (http://www.residentialfinance.com), a nationwide mortgage lender specializing in refinance, has been named as a finalist for this year’s Stevie Award for Sales Department of the Year in the 2009 American Business Awards. The Stevie Awards were created to honor and generate public recognition of the achievements and positive contributions of organizations and business people worldwide.

Residential Finance Corp. President, Michael Isaacs, says, "We are honored that the Residential Finance sales team was selected as a Stevie Award finalist for Sales Department of the Year in the American Business Awards, an achievement that designates them as one of the nation’s best."

During 2008, while the mortgage industry foundered, RFC appointed veteran sales leader Obiora Egbuna as VP Sales, doubled sales capacity in its Tampa location, and more than doubled marketing and training expenditures. RFC bolstered in-house training and added quarterly sessions with mortgage industry author, consultant and trainer, Dale Vermillion. Egbuna achieved major gains during his first four months on the job, with sales productivity increasing 52-percent, and revenue-per-agent 21-percent. Enhanced training and decisive leadership helped boost sales-per-agent productivity by 51-percent, and revenue-per-agent by 38 percent. Overall, RFC experienced impressive and consistent gains in results for 8 straight months.

About Residential Finance Corp.
 
Residential Finance Corporation (RFC) 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, including individuals with less-than-perfect credit, and those who may have been turned down by other lenders.