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Gateway Funding Diversified Mortgage Services and Other Financial Institutions Hit One Out of the Park for Charity

Horsham, PA;On Saturday September 18, 2010, Gateway Funding Diversified Mortgage Services and seven other area financial institutions competed in the 22nd annual Bankers Baseball Bash for Charity which raised $ 9,000 for needs in our community. 
This year’s beneficiaries were Erica Mundt, a 3-year old with acute lymphoblastic leukemia; Sarah Batalka, a 29 year-old with mitochondrial, a rare form of muscular dystrophy; and The Pride of Quakertown, a Non- Profit organization that is dedicated to giving back to the community by bringing together the residents of Quakertown and its surrounding communities in the playful, fun environment of sports and leisure activities. The tournament is a Round Robin event, culminating with a championship game. More than 150 people participated this year, including employees and family members of employees.
The competing financial institutions included: First Niagara, First Savings Bank, Gateway Funding Diversified Mortgage Services, Harleysville Savings Bank, Merck Sharp & Dohme Federal Credit Union, Meridian Bank, Quakertown National Bank, and Univest. This year’s hard fought championship game was won by Harleysville Savings Bank who received a trophy and the bragging rights for one year.
The Bankers Baseball Bash took place from 8:30 a.m. to 7 p.m. at B. Earl Druckenmiller Complex in Sellersville. The Bankers’ Baseball Bash Committee has been in place for more than 20 years and has raised more than $ 160,000 for charities. According to a local newspaper, a committee decides on which area individuals are most deserving of the monetary awards. In order to raise money, each competing team pays an entry fee, raffle tickets are sold and donations are solicited from locals who wish to sponsor the event.
Gateway Funding Diversified Mortgage Services was thrilled to participate in the charity event and plans on doing so for years to come. “It was a great day filled with fun and camaraderie and an excellent way to give back to our community” said a Gateway Funding participant. Gateway Funding believes strongly in philanthropy and does so in a variety of ways. 
About Gateway Funding Diversified Mortgage Services, LP
Gateway Funding Diversified Mortgage Services, L.P., established in 1994, is a full service mortgage banking firm offering a diverse product line and unparalleled customer service. Our knowledgeable and seasoned Account Executives and Operations Staff are committed to helping our clients meet the needs of their customers. We recognize the challenges our clients and borrowers face today. We are determined to find the best possible solution for our customer’s current financial needs.
For more information please contact:
Keith GodburnMarketing Director/Graphic DesignerGateway Funding Diversified Mortgage Services, L.P.300 Welsh Road, Building 5Horsham, PA 19044215-591-0222kgodburn ( @ ) gateway-funding dot com
Blog Site:http://www.gatewayfundingblog.com
Also, visit http://www.gateway-funding.com for getting more detailed information
Source:http://www.1888pressrelease.com/gateway-funding/diversified-mortgage/gateway-funding-diversified-mortgage-services-and-other-fina-pr-246503.html

Are Republicans and Democrats to Blame For the Sub-Prime Mortgage Disaster?

Do you find it rather interesting that the left continues to blame the Republicans and President Bush for everything from Natural Disasters, to the Global Terrorists and from Global Warming to the Global Subprime Mortgage crash?

Not long ago, a political pundit who claims to be a moderate stated in a political debate; “Was it not because Republicans colluded with Democrats in pushing “affordable housing,” sub-prime mortgages, for folks who could not afford houses?”

Now mind you, someone on the left that picks and chooses their favorite TV news might indeed believe some of that nonsense, blaming the Republicans for it all and claiming that they initiated the problem. Yes, one could definitely make that argument, and there is ample supply of facts and evidence to back it up, but to deny the reality of the Democrats seeking low-interest loans for those who couldn’t qualify is ridiculous, if anyone initiated it, it would be the left.

Indeed, to further go on and state that the continued decline will be at the hands of the Republicans if they do not vote for Barney Franks increased regulations on banks is silly. As the political pundit asks;
“Is the GOP prepared to demand tough terms for home loans?”

No why should they? There are already laws on the books and banks to look out after their own self-interests, and why would the Republicans wish to prevent economic recovery? More regulation? No, that’s the wrong way to play it while credit markets are shot, banks teetering on assets, and a 4% drop in home prices now would send this whole mess back into the sewer.

No, we have plenty of rules on the books, we just need to follow them and allow banks to be prudent without intervention on who they must loan money too, even if they cannot qualify. Speaking of which GE Capital and CIT are in deep do’do, and we are not out of the woods yet, and I sure as heck wouldn’t invest in any California banks right now. Think on this.

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