Largest Mortgage Lender in Maryland Chooses Baltimore Technology Park to Protect its Core Enterprise Systems
National Fidelity Mortgage Turns to Regional Data Center to Secure Enterprise Serving 400 Employees NationwideBALTIMORE, MD – Baltimore Technology Park (BTP), a premier data center and the largest carrier-neutral facility in the state of Maryland, today announced that National Fidelity Mortgage (NFM), a national consumer mortgage lender and one of the largest in the state of Maryland, has chosen BTP to protect its critical enterprise business systems. In only nine years since its launch, NFM has grown from a small, local firm providing home mortgages to a national lender employing 400 people offering residential and commercial loans at 40 offices across the country. In 2004 and 2005, NFM was recognized by Inc. Magazine as one of the fastest growing privately-held companies in the United States.
Over the years, NFM has become more reliant on technology due to increased compliance requirements and the need for improved systems to handle its growing volume of transactions. As a result, the firm has invested significantly in hardware and software. NFM decided to colocate its IT infrastructure with BTP to ensure 100% uptime for its centralized systems, to increase its bandwidth and to triple the speed of its Internet connection, all of which are critical for operations at its 40 locations. NFM had been housing all of its servers on-site, but recognized that colocating its IT infrastructure at a secure data center would better protect the long-term growth and stability of the company. Moving its systems to BTP is also part of the company’s disaster recovery and business continuity strategy.
“We have enjoyed incredible growth in the highly competitive field of mortgage lending,” said David Silverman, president, National Fidelity Mortgage. “Our industry has changed significantly over the years, and the enterprise systems our staff, branch offices and customers rely upon have also evolved. Our IT systems are essential to our business operations and must be secure and running at all times. So, our director of IT researched multiple colocation facilities and selected BTP, because it is new, state-of-the-art and its pricing is very competitive. BTP has invested in its data center for the long run, which is important to us as we continue to grow.”
“National Fidelity Mortgage is a key customer win for us,” said Jim Weller, president of BTP and a 20-year veteran of the IT infrastructure industry. “The real estate and financial services industries are under pressure to protect the data of the consumers they serve and also must safeguard their own key enterprise systems. BTP is a great choice for such companies because we can secure their data and systems at rates more affordable than in-house solutions or those of competitors.”
Organizations in the greater Baltimore, Washington, D.C., and northern Virginia area turn to BTP to satisfy their data center needs for ample and redundant power, sufficient cooling, security, and bandwidth. Often driven by legislative directives such as Sarbanes-Oxley, HIPAA and others, organizations also choose BTP to protect their critical IT systems from natural disasters, terrorist threats and unpredictable service from utility and bandwidth providers. The data center’s convenient downtown location in a Focus Area of an Enterprise Zone of the City of Baltimore allows BTP to offer customers significant tax incentives, including a ten-year, 80% credit against local personal property taxes.
About National Fidelity Mortgage
NFM, Inc. was founded in Baltimore, Maryland in 1998. Since that time, NFM has grown from a local brokerage firm to a multi-state lender with offices throughout the United States. Featured in Inc 500 Magazine as one of the leading privately-held companies, NFM is continuing on this fast-track by providing a variety of loan products for diverse borrower needs. NFM attributes the company’s growth and success to their commitment to satisfy the needs of their customers. For more information, please visit www.nfmlending.com.
About Baltimore Technology Park (BTP)
BTP is a 30,000-square-foot, purpose-built facility that provides the highest level of security and redundancy for businesses of all types and sizes who require reliable data center services. BTP’s corporate headquarters are located at 10 East Baltimore Street, Suite 1000, Baltimore, Maryland 21202. For more information, send email to sales@baltimoretechnologypark.com, call 1-877-293-5615 or 410-500-4050, or visit us at www.baltimoretechnologypark.com
Media Contact:
Kent Streeb
Kaya Communications
kent@kayacommunications.com
P: 530.908.9225