Williams, who joined Glaser in 1995, was previously an executive vice president with thecompany. Now he is an equal partner in the company.

Curt Glaser, co-founder of the company with Kevin Filter, will remain chairman of the company and chair the loan committee. Filter, who became president in 1996, remains in that position with full responsibility for all production and underwriting.

"In less than three years, our loan servicing portfolio has increased by more than 150%, from $1 billion to $2.5 billion, and our annual loan originations have more than doubled from about $350 million to more than $800 million," Glaser says. "David has been a catalyst in developing our new business in the past few years, and he has played abig role in the growth and development of our staff to handle the increased business."

Before joining Glaser, Williams was vice president and general manager of the Schuett Companies, Inc., a local development and management company.

Glaser Financial Group arranges financing as a Fannie Mae DUS Lender, Freddie Mac Program Plus Seller/Servicer, HUD/FHA MAP Lender, and GNMA issuer, as well as through conventional and conduit funding sources. Glaser provides loan servicing for income property loans on behalf of various investors.