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Snyder applauds creation of 600 jobs due to expansion of USFS headquarters

Wednesday, May 15, 2013

TROY, Mich. - Gov. Rick Snyder today applauded United Shore Financial Services for its leadership in the mortgage industry and creating 600 jobs for Michigan residents.

"We can all congratulate USFS for being a leader in the mortgage lending industry and thank this Michigan company for its continuing investment in our state," Snyder said. "The company's success demonstrates once more that Michigan is a great place to do business and create jobs and reinforces the fact that Michigan is America's Comeback State."

Established in the mid-1980s in Michigan, USFS has three main lines of business operations: United Wholesale Mortgage, which focuses on creating loans for consumers through mortgage lenders; Shore Mortgage, which provides nationwide direct-to-consumer lending; and Capital Mortgage Funding, which offers consumers traditional retail mortgages.

With mortgage volumes of more than $15 billion today, USFS has announced it will consolidate five locations from across Southfield, Troy and Birmingham into its current headquarters in Troy. The company plans to add 600 jobs this year, bringing the total number of employees in Michigan to more than 1,700.

"Our greatest asset is our people," said Kip Kirkpatrick, USFS CEO. "That's why we strive to attract the best and brightest. One way we're doing that is by creating a work environment that enables them to succeed."

USFS President Mat Ishbia, who spoke at Snyder's 2013 Governor's Economic Summit, said the company is focused on finding candidates with "heart to move up," and invests in talent, not just skills.

"Today is about much more than a building. It's about people - the professionals we have on our team today, and the 600 new employees we will be recruiting this year," Ishbia said. "It's a new day in Michigan, and USFS is thrilled to be a part of our state's resurgence."

USFS has received $500,000 in Michigan New Jobs Training funding from Oakland Community College, which will provide financial assistance for customized training of new employees. The MNJT program, a collaboration between Michigan's community colleges and businesses moving or expanding in Michigan, is intended to provide growing companies with a no-cost training opportunity to develop the skilled workers they need to fill new positions.

Recognized as being among the top 100 workplaces by the Detroit Free Press in 2012, USFS's new location in Troy features upbeat, high-energy, colorful work spaces with natural light and on-site amenities such as a putting green, foosball tables, coffee bars, and valet car service for all employees. To learn more about career opportunities at USFS, visit:

The 2013 Governor's Economic Summit, held in March, brought together Michigan business owners, CEOs and human resource leaders with regional education and economic development experts to focus on new ways of developing solutions to address Michigan's employer talent needs and creating opportunities for regional collaboration and placemaking.