Mortgage Trading Group
41 Clayton Street
Asheville, North Carolina 28801-2427

Mortgage Trading Group Inc. was founded on August 30, 1993 by Jack and Vickie Leachman. Both were born in Memphis Tennessee.

Jack had worked for ten years at other mortgage banking companies. Vickie had worked a municipal bond firm for several years.

At that time, mortgage companies were mostly large, national businesses staffed by an aggressive sales force. Jack and Vickie envisioned a mortgage company with a personal touch.

After several years of slim profits, Jack and Vickie decided to restructure the company by firing the sales force and generating business by advertising Mortgage Trading Group’s rates and points. The idea was and still is a success and the company has profited nicely from its beginning in 1993.

In the early 90s, as interest rates dropped to the lowest levels in 20 years, Mortgage Trading Group’s business continued to grow. The computer systems it had installed as late as 1990’s helped the company handle the growing volume of business. Artificial intelligence systems developed within the company also helped to speed loan approvals. In addition, computer systems allowed Mortgage Trading Group to become one of the first loan providers in the area to offer electronic approvals. Today, Mortgage Trading Group is consistently ahead of the competition in introducing automated mortgage products to it’s clients.

In 2000, "mortgagetrading.com" was launched and a new avenue of business was provided for the company as consumers and business partners realized the value of the World Wide Web. Today Mortgage Trading Group derives about 5 percent of its loan origination business from the Internet via our Web site.

Mortgage Trading Group’s two founders are still very much a part of the mortgage banking business today. Jack Leachman remains Mortgage Trading Group President and Vickie Leachman remains Treasurer.

Krista Pialet joined Mortgage Trading Group in 2000 and is the main point of contact after the initial application. Our clients consistantly comment on her courteous and friendly manner. She is a definite asset to Mortgage Trading Group.

Jack@mtg-inc.com		Krista@mtg-inc.com