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SUNRISE, Fla., March 13, 2019 (GLOBE NEWSWIRE) -- Beta Music Group Inc. (OTC PINK: BEMG) through its operating subsidiary Get Credit Healthy, Inc. (“GCH”) a leading fintech platform that provides independent mortgage originators with credit resources, education, data intelligence and lead recovery announced today a partnership with ARIVE, LLC. a platform that offers the first of its kind mortgage marketplace designed to allow independent mortgage originators access to lenders, borrowers, and third-party vendors in a seamless ecosystem.
Through a partnership with AIME, the Association of Independent Mortgage Experts, ARIVE will provide independent originators with the connections and tools to both compete in a crowded marketplace and serve increasingly tech-savvy borrowers nationwide. Lenders and third-party providers want to make it easy for their customers, and AIME is over 35,000 strong.
ARIVE has multi-year contracts with a network of more than 20 wholesale lenders. That includes five of the top ten wholesale lenders in the country: United Wholesale Mortgage https://www.uwm.com/ is #1, Caliber Home Loans https://caliberhomeloans.com/ is #2, Stearns Lending https://www.stearns.com/ is #3, Flagstar Bank https://www.flagstar.com/personal/home-loans.html is #7 and Home Point Financial https://www.homepointfinancial.com/ is #8. Combined, these lenders make up nearly half of wholesale market share. Top Renovation Lender AFR Wholesale https://www.afrwholesale.com/, Reverse Lender Finance of America Mortgage https://www.fareverse.com/, and Paramount Residential Mortgage Group https://www.prmg.net/ (PRMG) are among the additional 20 wholesale lenders connecting to ARIVE.
Elizabeth Karwowski, CEO, stated: "We are extremely excited to partner with ARIVE to deliver one-click access to a host of credit services and solutions to assist the ever-growing number of Independent Mortgage Originators on the ARIVE platform. We expect to SUBSTANTIALLY increase our client base and Revenues due to the partnership with ARIVE”
Today’s fiercely competitive financial services market challenges originators like never before. Heightened pressure to create new loan opportunities, reduce prospect lead fallout, and provide better pipeline visibility poses a significant burden on independent mortgage originators.
To thrive under these market conditions requires a revolutionary new solution that transforms a currently untapped market into a well-qualified, well-informed applicant pool. Get Credit Healthy converts fallout into funded, helping independent mortgage originators close more loans while providing them with a significant competitive advantage.
ARIVE, LLC., is a private technology company based in Philadelphia, Pennsylvania. Conceived as an engine to drive mortgage technology into the future, ARIVE offers the first of its kind mortgage marketplace designed to allow independent mortgage originators access to lenders, borrowers, and third-party vendors in a seamless ecosystem. For more information on ARIVE, visit https://arive.com/ or email media@ARIVE.com.
BEMG, through its operating subsidiary Get Credit Healthy (www.getcredithealthy.com), utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive experience in the mortgage industry, Get Credit Healthy's platform has already facilitated over $200 million in new loan opportunities.
Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. Get Credit Healthy is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net; twitter at www.twitter.com/bemg12 and financial information can be found at www.otcmarkets.com/stock/BEMG/profile.
Safe Harbor Statement
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
For information, please contact:
Elizabeth Karwowski, CEO
Beta Music Group, Inc.
8411 West Oakland Park Blvd. Suite 202
Sunrise, FL 33351
(877)850-3444 Ex 7
Beta Music Group Inc.