Sun Launches Mortgage Unit, Podcasts

Sun National Bank, Vineland, N.J., has announced the launch of a residential mortgage subsidiary, Sun Home Loans Inc., and its entry into the podcasting arena as a way of educating consumers about the mortgage process.Sun Home Loans will offer traditional and nontraditional mortgages, including two private programs -- SunPromise and SunKeys -- aimed at providing affordable mortgages for low- and moderate-income households. "Given New Jersey's current housing environment, we wanted to give consumers a very focused approach to obtaining a mortgage that best fits their specific needs," said Thomas A. Bracken, president and chief executive officer of Sun National. The bank's specialized subsidiary will make it a "one-stop mortgage resource," he said. Podcasting, which enables consumers to download audio files onto their computers or MP3 players, is "our way of stepping up to the times and giving consumers what they want, when they want it," said Brian G. Myers, president of Sun Home Loans. The bank can be found online at http://www.subnb.com.