MortgageBrokers.com (MBKR) Looks Forward to Entering US Mortgage Market
On April 30, MortgageBrokers.com provided guidance for a projected USD$40 Million in revenue for fiscal year 2007. In addition to the revenue announcement, the company also announced that it had retained the services of Thomas Law Firm in Dallas, Texas to begin the licensing procedures to operate within the United States. Since 2005 the company has experienced steady growth with a quarter over quarter growth rate averaging 104%. After the revenue announcement, MBKR announced that it had gained regulatory approval from the Financial Institution Commission of British Columbia ("FICOM") to begin operating in the province of British Columbia, Canada's second…