Magazine article Mortgage Banking

Q10 Capital Launches

Magazine article Mortgage Banking

Q10 Capital Launches

Article excerpt

Q10 CAPITAL LLC, SALT LAKE CITY, A national mortgage banking firm owned and operated by independent member companies, was launched in February.

The firm is owned by a roster of member companies including Bonneville Mortgage Co.; Daisley Ruff Financial Corporation; Dwyer-Curlett & Co.; Essex Financial Group; G.S. Wilcox & Co.; Keig Financial Corporation; Kinghorn, Driver, Hough & Co.; Mason-McDuffie Financial Corporation; National Mortgage Co.; New England Reality Resources; Phillips Realty Capital Corporation; and Realty Mortgage & Investment Co. The founding owner companies have worked together for more than 10 years in a variety of ventures, including a peer mentor group for independent commercial mortgage bankers known as The Quest Group.

"Instead of the national powerhouse owning us, we will own it and our vision will be built around preserving the autonomy of the local office and the entrepreneurial spirit that has made each of our members leaders in their markets," said James Murphy, spokesperson and board chairman for the company, and past chairman of the Mortgage Bankers Association (MBA).

"Our goal is to provide our investors with a superior business model in mortgage banking. …

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