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Amstar Mortgage Corporation is one of the nation's leading and fastest growing retail branching companies. Each retail branch office is staffed by Amstar employees primarily engaged in marketing and acceptance of mortgage loan applications from the general public. Each branch office is networked to the Company's headquarters through a sequel server database loan origination software (LOS) called Encompass TM which provides all the compliance and documents necessary to process mortgage loan applications in accordance with applicable State and Federal regulations. Amstar provides administrative support (such as personnel, human resource, bookkeeping and similar services), quality control, lender contract negotiations and development. Each branch office retains the discretion to choose among the more than 300 lenders or Amstar's own proprietary mortgage programs. Amstar Mortgage is one of the first mortgage companies to offer various commission-based compensation programs. Amstar's CEO, Howard Wayland, Jr., pioneered this plan in the Mortgage Banking industry and was the one who created the flat payment method of compensation. With our multiple fee program options, our retail branch managers can select a commission payment program that they believe will maximize their retail branch profits. Amstar programs target experienced, qualified loan officers with attractive financial opportunities to establish a branch with limited risk and overhead chargeable to their commissions. Amstar offers its branch offices the opportunity to place prospective loan applications with Amstar's own Mortgage Banking Department. Through our Mortgage Banking Department, Amstar functions as a correspondent lender with underwriting authority delegated from institutional investors. Amstar also offers many "value-added" services to our branches. From discounted services through partners like FedEx®, Staples® and Dell®, to a networked loan origination software system managed by Amstar's IT department, and comprehensive administrative support. Through these relationships and systems, Amstar is able to enhance every branch's profitability while keeping costs low for the consumer. Amstar Mortgage Corporation stands proud and inspired by the dream and hard work of its more than 150 branch managers.