First Internet Bank today announced Kevin Quinn, its Senior Vice President, Retail Lending, will deliver a presentation entitled “Online Mortgage Lending 101” at the 15 th Annual Mortgage Technology Conference on Tuesday November 19, in Fort Lauderdale, FL.
Co-presenting will be Keith Luedeman, founder and CEO of goodmortgage.com. Mr. Quinn and Mr. Luedeman will talk about the basics regarding online lending as well as critical success factors, business metrics, and ways in which online lending is different from the traditional, “face to face” approach.
Mr. Quinn has been with the bank since April 2008. Under his supervision at First Internet Bank, loan originations have increased from over $152 million in 2009 to over $745 million in 2012. In his role as SVP, Retail Lending, he oversees all consumer direct and indirect lending, which includes mortgages, home equity loans and lines of credit, installment loans and credit cards.
About First Internet BankFirst Internet Bank of Indiana opened for business in 1999 as the first state-chartered, FDIC-insured institution to operate solely via the Internet and today has customers in all 50 states. Deposit services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs and IRAs. First Internet Bank also offers consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. This year, First Internet Bank was named one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce, one of the Best Banks to Work For by American Banker, and the top Online Originator by Mortgage Technology. The bank is a wholly owned subsidiary of First Internet Bancorp (NASDAQ: INBK). About First Internet Bancorp First Internet Bancorp became the parent company of First Internet Bank in 2006. Safe Harbor Statement This press release may contain forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance or business of First Internet Bancorp. Forward-looking statements are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should” or other similar expressions. Forward-looking statements are not a guarantee of future performance or results, are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the information in the forward-looking statements. Factors that may cause such differences include: failures or interruptions in our information systems; growth in our commercial lending activities; declines in market values of our investments; technological obsolescence; our possible need for additional capital resources in the future; competition; loss of key members of management; fluctuations in interest rates; inadequate allowance for loan losses; risks relating to consumer lending; our dependence on capital distributions from the bank; our ability to maintain growth in our mortgage lending business; a decline in the mortgage loan markets or real estate markets; risks associated with the regulation of financial institutions; changes in regulatory capital requirements and other matters discussed in the press release. For a further list and description of such risks and uncertainties, see our periodic reports filed with the U.S. Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be set forth in our periodic reports.
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