Category: FCM Blog

FCM Cares awards TCAT’s Gordon Scholarship

December 19, 2020

FCM Cares, First Community Mortgage’s nonprofit, has awarded the annual J.C. Gordon Scholarship to five Tennessee College of Applied Technology (TCAT) students at a scholarship ceremony recently held on the TCAT-Shelbyville campus.

The awarded funds will be used in part to purchase tools for each student recipient. FCM Cares provides TCAT with $7,500 annually for the J.C. Gordon Scholarship. The funds are then administered by TCAT leaders to different students each trimester based on instructor feedback.

The five students selected as recipients of this trimester’s J.C. Gordon Scholarship are: James J. Patton, Kevin Turner, William Dykes, Alex Gordon and Joshua Tate Alexander.

“Thank you to First Community Bank, FCM Cares, and especially the Gordon family for this generous donation that will benefit our Machine Tool Technology students,” said TCAT-Shelbyville President Laura Monk.

FCM Cares awards the J.C. Gordon Scholarship, on behalf of the family, to five students each trimester in memory of local tradesman, businessman and community leader, J.C. Gordon. Gordon was one of the founders of First Community Mortgage and sat on the company’s original board.

Gordon for years helped train TCAT students through an internship program at his company, WEGO Precision Machine. Since 2017, the J.C. Gordon Scholarship has been awarded to 60 TCAT students.

“Receiving this scholarship validates my decision to go to vocational school,” said recipient James Patton. “I would like to thank FCM Cares for helping me and my classmates with our education. It means a lot.”

View original press release here: https://www.t-g.com/story/2854571.html

First Community Mortgage adds 20-year mortgage veteran Toby Foster to their correspondent team.

December 17, 2020

By Candyd Mendoza – Mortgage Professional America

Toby Foster has come onboard to bolster the growth of its correspondent lending division.

As a correspondent account manager, Foster will work with FCM’s correspondent lender partners across the country, with an initial focus on the Southeast.

Foster has spent the last two decades building partner relationships in the retail, wholesale, and correspondent space. From 2016 to 2017, he served as president of the Mortgage Bankers Association of Georgia. Foster has also held various roles at several big firms, including Acopia Home Loans, Franklin American Mortgage, SunTrust Mortgage, and Well Fargo Home Mortgage.

“Toby has a special affinity for correspondent lending, which makes him a great liaison to our partners in that space,” said Dan Smith, president of First Community Mortgage. “His enthusiasm and excellence in the correspondent space is a great match for our dedication and continued growth in that area.”

“First Community Mortgage’s leadership has the same passion for correspondent lending that I do, so joining this organization is a terrific fit,” Foster said. “FCM is large enough to provide my correspondent partners with important basics like competitive pricing, but not so big that execution and delivery are in any way sacrificed. We’re committed to forming true partnerships, efficiently purchasing saleable mortgage loans.”

First Community Mortgage reported that it is on track to originate over $3 billion mortgages this year.

View original press release here: https://www.mpamag.com/news/first-community-mortgage-makes-correspondent-hire-242231.aspx

Rickey Moore joins First Community Mortgage as VP of LOS

November 23, 2020

First Community Mortgage (FCM) has named Rickey Moore Vice President of Loan Origination System Solutions. He has greater than a decade of expertise within the mortgage industry and technology-based strategies.

“Rickey has extensive experience in loan operations systems, having built multi-channel systems from the ground up,” says Dan Smith, President of First Community Mortgage. “His keen perspective and highly specialized skills come to our team at an optimal time in our growth and expansion.”

Smith says the impact of Moore’s work will be felt by business partners, real estate agents and customers through reduced costs and reduced turn or processing times, among other ways. “All told, investing in technology reduces loan costs, improves efficiency and leads to a smoother borrower experience, and that’s vital to both our mortgage pros and, ultimately, the people they serve,” he notes.

Moore is based in FCM’s Atlanta office in the city’s Buckhead financial district. In this role Moore is responsible for the Encompass Loan Origination System, including its architecture, and continually advancing the company’s Loan Origination System to be even more user-friendly and efficient. 

“First Community Mortgage invests in its people and technology, which makes it a great fit for me,” Moore says. “I look forward to being part of the vigorous growth and innovation that continues to foster its team members and efficiently serve its customers and partners.”

Moore holds a Bachelor of Science in Computer and Info Sciences from Clark Atlanta University , in addition to Lean Six Sigma certification by way of the University of Georgia. He additionally holds Ellie Mae Encompass Administrator credentials, in addition to CompTIA A+ certification.

Links to Information and Resources about the Equifax Data Breach and Protecting Your Identity

September 15, 2017

 

Are you worried about everything in the news regarding the Equifax data breach and don’t know if your personal information might have been exposed?

 

Or maybe you still don’t understand enough about what options you have to protect your credit.

 

You may even feel like you’re covered but want to help your family or friends know more, so that they can protect their credit in case their credit card numbers, birth dates, social security numbers, addresses, or driver’s license numbers were stolen.

 

We’ve compiled a list of links with information and resources about what Equifax says happened, and different steps you can take to protect your identity. We even listed them without hyperlinking so that you can see what websites you are going to.  We truly hope this will be helpful to you and those you love. 

 

To see if your personal information is potentially impacted by the Equifax data breach:

https://www.equifaxsecurity2017.com/potential-impact/

 

To read about what happened from Equifax, what data was accessed, what they are doing, and what you can do:

https://www.equifaxsecurity2017.com/consumer-notice/

 

For a video message from the Equifax CEO, and updates about what they are doing:

https://www.equifaxsecurity2017.com

 

For the list from Equifax of their frequently asked questions:

https://www.equifaxsecurity2017.com/frequently-asked-questions/

 

For information on how to enroll in the complimentary identity theft protection and credit file monitoring service from Equifax:

https://www.equifaxsecurity2017.com/enroll/

 

To place or lift a freeze on your Equifax credit file: 

https://www.freeze.equifax.com

 

An article from the Consumer Finance Protection Bureau about identity theft and what you can do to protect yourself:

https://www.consumerfinance.gov/about-us/blog/identity-theft-protection-following-equifax-data-breach/

 

An article from the Federal Trade Commission about scams to look out for regarding the Equifax data breach:

https://www.consumer.ftc.gov/blog/2017/09/equifax-isnt-calling

 

The Federal Trade Commission’s article about what they recommend you do regarding the Equifax data breach:

https://www.consumer.ftc.gov/blog/2017/09/equifax-data-breach-what-do

 

Resources from the Federal Trade Commission about protecting your identity and what to do if someone has stolen your identity, or is trying to use your personal information to open accounts:

https://www.consumer.ftc.gov/features/feature-0014-identity-theft

 

Website from the Federal Trade Commission to help you report, and recover from, identity theft:

https://www.identitytheft.gov

 

Federal Trade Commission consumer.gov website that explains what your credit history is and why it is important:

https://www.consumer.gov/articles/1009-your-credit-history

 

The official site for requesting a free annual credit report from AnnualCreditReport.com including information about credit reports:

https://www.annualcreditreport.com/index.action

 

Link to the Consumer Financial Protection Bureau confirming validation of AnnualCreditReport.com:

https://www.consumerfinance.gov/ask-cfpb/how-do-i-get-a-copy-of-my-credit-reports-en-5/

 

FIRST COMMUNITY MORTGAGE AND GOODWILL INDUSTRIES OF MIDDLE TENNESSEE ANNOUNCE PARTNERSHIP TO PROMOTE HOMEOWNERSHIP

May 15, 2017

MURFREESBORO, TN, (May 12, 2017) — First Community Mortgage (FCM) and Goodwill Industries of Middle Tennessee have initiated a partnership to help potential homebuyers in
Middle Tennessee better understand and engage the home buying process, according to an announcement made jointly by Matthew Bourlakas, President of Goodwill Industries of Middle Tennessee and Keith Canter, CEO of FCM.

“These two organizations have a common goal of helping improve the lives of people living in Middle Tennessee communities. I’m confident that joining forces to educate and prepare families for the home buying process will be beneficial for our region,” said Bourlakas.

“This partnership with Goodwill is very significant. Working with their executive leadership to make this happen has been a joy,” said Andy Voyles, Executive VP and Director of Lending for First Community Mortgage. “Homeownership is accessible to many people who may be hesitant due to the perceived complication of the process. FCM’s Multi-Cultural Lending Initiative Team (MCLI) is fully engaged in this partnership. Their specific purpose is to provide outreach and education for underserved and bilingual markets that may not realize they can purchase a home.”

FCM launched its Multi-Cultural Lending Initiative (MCLI) in 2016 to expand its lending reach to underserved areas in Middle Tennessee. The MCLI team is focused on community outreach while leading homebuyer educational sessions for predominately minority based and bilingual markets. Local churches and metro school facilities have extended use of their locations, which has greatly helped the MCLI team’s initiatives. Many of these prospective applicants may be able to buy a home, but need a better understanding of what to do, and how to do it.

The partnership will include the following initiatives to help the local communities in Middle Tennessee:

  • Goodwill Industries and FCM will organize, promote, and hold free homebuyer preparation classes at Career Solution Centers in Middle Tennessee, directed toward the 2,000+ employees and customers of all Goodwill Middle Tennessee retail locations.
  • Personalized orientation on the home buying process will be provided to all Goodwill employees interested in learning about pre-eligibility for a home loan.
  • FCM will provide Goodwill Industries a dedicated team of professional Loan Originators to answer any questions the employees have about home buying, refinancing, and the application process.
  • All classes and counseling provided through this initiative will be provided in both Spanish and English.

Miguel Vega, VP of Multicultural Lending at First Community Mortgage, has been a major part of establishing and growing this partnership. “Bringing together two great companies for the purpose of helping others is powerful. It is something I am personally excited about. It shows how dedicated FCM and Goodwill Industries are to helping people understand the process of buying a home, which can be very confusing, especially for first-time homebuyers.”

“This partnership is an excellent expression of First Community Mortgage’s recently introduced ‘Human Mortgage’ branding,” Canter said, “Goodwill is a one-of-a-kind company with a great foundation that is always willing to help those in need. Because of our intense desire to truly help people with our human approach, partnering with Goodwill is something we are thrilled – and honored – to be able to do.”

About First Community Mortgage

Founded in 2002, First Community Mortgage is a wholly owned subsidiary of First Community Bank (TN) with operations centers in Murfreesboro, Louisville, Columbus, and Kansas City. First Community Mortgage is a FNMA, FHLMC, and GNMA seller/servicer and offers mortgage solutions to consumers and financial institutions. With mortgage volume of $2.1 billion in 2016, First Community Mortgage was ranked the #1 lender for new construction homes for the past five years as published by Metrostudy and #6 for 2014 in the Nashville Business Journal’s Book of Lists.

For more information about First Community Mortgage and its services go to www.humanmortgage.com. For information on our class schedule, call Ken Hampton at 615-299-6913. For Spanish language assistance call Miguel Vega at 626-590-4185. To register for any of our available homebuyer classes, go online to First-Time Homebuyer Class Registration.

About Goodwill Industries of Middle Tennessee, Inc.

For nearly 60 years Goodwill Industries of Middle Tennessee has provided job training and job placement free of charge to people with disabilities or other barriers to employment through the sale of donated items. In 2016, Goodwill served more than 44,000 people in Middle and West Tennessee and placed more than 18,000 people in jobs. More information about Goodwill’s Career Solutions, retail stores, and donation centers can be obtained online at www.giveit2goodwill.org or by calling 1-800-545-9231.

TMO Golf Tournament

October 15, 2016

3rd Annual Tyler Morrissey Golf Tournament

Benefiting Christmas for the Children and other local charities

October 13th and 14th marked our 3rd Annual Tyler Morrissey (TMO) Memorial Golf Tournament! It was a huge success and we had over 60 teams join us over the 2 days at Indian Hills Golf Club in Murfreesboro, Tenn.

 

 

**Stay tuned for details on the 2017 Tyler Morrissey Golf Tournament!**