NorthStar Family of Companies Commemorates 10 Years of Service to Hawaii’s Homeowners


May 19, 2010 – (RealEstateRama) — Hawaii’s Largest Privately Held Mortgage Banking Institution  Diversifies to Succeed and Thrive in Today’s Challenging Mortgage  Industry  (Honolulu, Hawaii), May 17, 2010 – Remaining  strong in a currently  challenging mortgage industry, NorthStar Family of  Companies, Hawaii’s largest  privately held mortgage banking institution, is  proudly celebrating 10 years  of providing Hawaii’s homeowners with efficient and  competitive mortgage  programs. “Our success in today’s mortgage industry is due  to the fact that,  when the market turned, we diversified the business into  appraisals, real  estate sales and development, and a work-force development  program,” said  Cathy Brogan, president and CEO of NorthStar Family of Companies.  While over  70% of mortgage brokerage and real estate companies throughout Hawaii  and  across the country have been forced to shut down, NorthStar Family of Companies has remained able to not only succeed, but to also thrive, in one of the most difficult mortgage industry periods over the past 100 years.

In order to remain competitive in today’s mortgage  industry, the NorthStar Family of Companies diversified to include divisions  such as NorthStar Alliance Inc., NorthStar Enterprises, NorthStar Brokers and  NorthStar University. With each  division in place, the company is able to provide customers on all islands with  a complete range of customized and full-service residential real estate  services. Their product line includes residential mortgage loans, appraisal and  valuation services as well as real estate sales and related services, credit  score improvement and workforce development. They have also expanded across the  mainland with offices now in California,  Oregon, Washington, Colorado,  Pennsylvania, New  Jersey and Florida.

Additionally,  to ensure continued success and increased profitability of existing and valued  mortgage broker clients in a volatile atmosphere, NorthStar Alliance, Inc. has  developed a unique program, entitled NorthStar Branch Associates (NBA). The NBA program offers mortgage brokers the opportunity to thrive and  ensure a profitable future in a rapidly changing marketplace and unpredictable  environment. Mortgage brokers have the opportunity to operate as a Banker with  no net worth requirement while keeping 100% of branch net profits. As an added  benefit, Branch Associates continue to have, at disposal, the ability to Broker  loans at will to industry Top Lenders. They also enjoy the benefits of a Lender  with a trusted name in the industry coupled with all of the flexibility of an  independent Broker. In addition, another program that NorthStar Family of  Companies has recently developed NorthStar Credit Score Improvement ( NorthStar  CSI), a partnership with real estate professionals and non-profit social  services staff and clients.

NorthStar CSI provides free Credit Score  Improvement seminars for non-profit social services staff and clients and also  free seminars for mortgage and real estate professionals for their clients  seeking home ownership. The purpose of the free seminars for non-profits is to  give both program staff and individuals an understanding of how credit scores  can impact a person’s overall quality of life, presenting barriers to  employment, affordable loan rates, a dream home or a desirable rental unit. For  Mortgage and Real Estate Professionals, the free seminars is made to enhance  their knowledge of ever increasing regulations and stricter credit score  guidelines, causing many potential homeowners to not qualify for interest  friendly mortgages.

“While many mortgage and real estate  institutions have failed to change with the times and have ceased lending,  NorthStar Family of Companies will continue to diversify,” said Brogan. “We look  forward to a very promising future and will continue to create home ownership  opportunities for Hawaii’s families.”

NorthStar’s mortgage customers are provided with a  step-by-step approach, personally guided by a NorthStar representative,  throughout the complete borrowing process and the entire real estate financing  and transaction process from beginning to end, while enjoying minimized costs  and maximized efficiency keeping all services in-house and Helping You Find Your Way Home. For more  information, please visit the official website at

Mana Means Communications 1088 Bishop St. Ste. 1209
Honolulu, Hawaii 96813 Ph 808.521.1160 Fax 808.521-1104

Janet M. Scheffer / Rose Begonia, Mana Means  Communications,
(808) 521-1160


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