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Call us toll free: 866.768.ICON (4 2 6 6) We Are A Direct Lender |
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CEO'S MessageNovember 1, 2008Today you cannot read a newspaper or watch television without hearing about the mortgage industry. We hear daily about the tightening of the Subprime market, liquidity problems, issues with the rating of securities, decline of originations and the reaction of the government, Wall Street and the stock market. As a result of the illiquidity, many of our competitors have eliminated some, and in some cases, all of their mortgage products from their offerings. Our financial strength and stability has afforded us the ability and desire to not have to change our lending strategy or lending products. Because Icon Bancorp insures the liquidity of our funding, we are not reliant on the secondary market through which to sell our loans. By choosing Icon as your lender, you have the satisfaction of knowing that the security and success of you mortgage transaction is our primary concern and that our institution will remain stable through this market shift. We have based our culture on the characteristics of dependability and reliability . We value your business and the opportunity of helping our clients. The Icon Bancorp Management Team is more excited about our future in the mortgage business than ever before. We have many new and exciting technology and product improvements underway and we look forward to implementing them shortly. Even in the face of the uncertainty in the market place, one thing remains certain, Icon Bancorp is here for you today, and will be here for you tomorrow. Sincerely, Todd E. Solomon President & CEO |