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Charter Mortgage Placitas Office Appoints Loan Officer

Albuquerque, N.M. (09/27/06) - Charter Mortgage has appointed Len Seward as the new loan officer in their Placitas, NM residential loan production office at 01 Ridge Court, Placitas (505-867-7465). Mr. Seward will be providing professional residential mortgage lending expertise and personal customer service to Placitas residents and residents of surrounding communities, including Bernalillo.

Mr. Seward joined Charter Bank as a loan officer for the Charter Mortgage Home Finance Center in Albuquerque in 2005. He has over 25 years experience in lending and banking. Most recently, he was assistant vice president, residential mortgage lending specialist for Lafayette Bank and Trust, in Lafayette, Indiana; vice president for Credit Union Mortgage Service, Albuquerque, New Mexico and assistant vice president, United New Mexico Bank, Albuquerque, New Mexico. Seward is a graduate of School of Mortgage Banking, Mortgage Bankers Association at Northwestern University and a graduate of the American Institute of Banking. He is a past president of the New Mexico Mortgage Bankers Association and has held leadership positions in Business Network International, Lafayette Board of Realtors, Affordable Housing Foundation of New Mexico and Neighborhood Housing Services.

“Mr. Seward’s proven ability and experience in residential lending and leadership roles throughout the community make him a valuable asset to Charter Mortgage,” said Susan Millspaugh, senior vice president and mortgage production manager of Charter Mortgage.

About Charter

Locally owned and operated, Charter provides a diverse range of financial services, including retail banking, residential/commercial mortgage and insurance. It combines the capabilities, resources and product range of larger banks with the local decision making, market knowledge and customer service of a community bank.

Founded in 1976, it is the fifth largest financial institution in New Mexico, with assets of over $1billion and six branches in Santa Fe and Albuquerque and lending offices across New Mexico and Idaho. Charter leads the state in residential mortgage approval, funding and servicing. The company is also one of the largest commercial loan originators in New Mexico.

For details, contact:
Susan Millspaugh
1-800-370-3345

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