Business Services Industry
First Horizon Home Loans Employees to Join in Race for the Cure; Mortgage Lender Co-Sponsor of Aug. 10 Race in Kansas City
Business Wire, August 4, 2003
Business Editors
KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 4, 2003
Employees of the Kansas City office of national mortgage lender First Horizon Home Loans will participate in the local Komen Race for the Cure. They will be among the 13,000 expected to attend the Aug. 10 event in Kansas City.
In 20 years, the 5K run/fitness walk sponsored by the Susan G. Komen Breast Cancer Foundation has grown from one local race with 800 participants in Dallas, Texas, to a series of more than 100 races with 1.5 million people expected to participate in 2003. In addition to the Komen Foundation, the event depends on many co-sponsorships, including one from First Horizon Home Loans.
"First Horizon's national commitment to support the Race for the Cure will be $1 million over the next five years," said Stacey Croschere, a manager in First Horizon's Midwest region. "In addition, local First Horizon branches like ours will raise additional money from individual and corporate contributions and from local organizations to increase support." Croschere noted that, according to the Komen Foundation, 75 percent of all funds raised in the community on behalf of the race will remain in the Kansas City area.
For more information or to register for the local race, visit www.raceforthecure.com.
First Horizon's Kansas City branch is located at 3401 College Blvd., Suite 200.
About First Horizon Home Loans
Headquartered in Irving, Texas, First Horizon Home Loans is one of the nation's largest full-service mortgage banking companies in retail origination and mortgage servicing. With its commitment to superior customer service and competitive products, the company is currently ranked 16th in servicing with more than $55 billion in its portfolio, and 14th in originations with $34.41 billion.(a)
The First Horizon family of lending companies includes First Horizon Home Loans, First Horizon Wholesale, First Tennessee Home Loans, First Horizon Lending Center and First Horizon Equity Lending.
First Horizon Home Loan Corp. is a wholly owned subsidiary of First Tennessee Bank National Assoc. First Tennessee Bank's parent company is First Tennessee National Corp. (NYSE:FTN), a nationwide, diversified financial services institution with headquarters in Memphis, Tenn. First Tennessee National Corp. is one of the 50 largest bank holding companies in the United States in market capitalization and asset size.
(a) Rankings current as of January 2003. Source: Inside Mortgage Finance.
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