American Residential Snags State Grant

American Residential Mortgage, Cherry Hill, N.J., has been awarded a grant of approximately $745,000 from the New Jersey Department of Labor.American Residential is building its new headquarters in Mount Laurel, and the grant from the state reimburses the company for costs associated with training new employees and enhancing the skills of existing employees. Jack G. Mondel, chairman of American Residential, said "maintaining the high skill level of our employees is essential to providing the utmost service to our many valued clients. Moreover, the grant will enable use to hire more New Jersey employees, which will contribute to our overall growth." American Residential Mortgage is the trade name of American Mortgage Express Corp., and originates through retail and wholesale channels. It is not related to a pair of similarly named companies based in California.