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Real Estate Company Altisource
ST. LOUIS–Lenders One Mortgage Cooperative, a national alliance of community mortgage bankers, correspondent lenders and suppliers of mortgage products and services, is reporting strong growth through the first five months of 2010. The cooperative has added 16 new companies to its roster this year, bringing its collective total to 169 Members.
“Lenders One has experienced enormous growth over the past several years as those in the industry have recognized the value of joining a nationally trusted mortgage cooperative,” Scott Stern, CEO of Lenders One, explained. “We provide our members with the tools and resources to maximize their performance and profitability even in the face of difficult economic challenges. We are pleased to welcome our newest members and we are confident that they will immediately benefit from the Lenders One power of partnership.”
Mortgage professionals, such as Mark Metaxas, president of First American Mortgage, realize that joining Lenders One provides immediate and significant benefits. Metaxas said that being part of Lenders One has not only provided his company with better execution on its loans, but also offers the company an “opportunity to interact with other professionals from across the country to share marketing ideas and resolve business challenges.” First American Mortgage, which became a member in February, is based in Pennsylvania and specializes in residential first mortgage loans.
Zubin Nagpal, vice president of The Home Lending Source, an Ohio branch of CMCO Mortgage LLC, shared other reasons for joining Lenders One, stating, “Lenders One has allowed us to expand our network of business partners and to improve our correspondent lending relationships.”
The 16 new members that have joined Lenders One so far in 2010 are a very diverse group, with four members from the Western region of the United States, five from the Midwest, four from the Eastern region and three from the Southeast.
About Lenders One Mortgage Cooperative
Lenders One is a national alliance of mortgage bankers, correspondent lenders and suppliers of mortgage products and services. The cooperative was established in 2000 and is based in St. Louis. With members originating $77 billion in mortgage loans for 2009, the Lenders One alliance ranks as the third largest retail mortgage originator in the U.S. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. Lenders One is a subsidiary of Altisource Portfolio Solutions S.A. For more information about membership visit www.lendersone.com.
About Altisource
Altisource Portfolio Solutions S.A.is a provider of services focused on high value, knowledge-based functions principally related to real estate and mortgage portfolio management, asset recovery and customer relationship management. Utilizing its integrated technology that includes decision models and behavioral based scripting engines, the company provides solutions that improve clients’ performance and maximize their returns. Additional information is available at www.altisource.com.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Steady Trend of New Members Continues for Lenders One is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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