Affiliated Mortgage selected as Lenders One newest preferred investor

Affiliated Mortgage selected as Lenders One newest preferred investor

August 25, 2009

Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, announced that Affiliated Mortgage Company (AMC) has become the cooperative’s newest preferred investor. AMC, a wholly-owned subsidiary of Benchmark Bank of Dallas and Plano, Texas, focuses on correspondent lending and purchasing agency-quality whole loans servicing released from a group of lenders nationwide.
Through this relationship, the members of Lenders One will have access to special terms provided by AMC, while Affiliated will have special marketing and promotional opportunities to generate business from the members.
“Affiliated Mortgage Company has a strong commitment to correspondent lending, and they also have a strong commitment to providing the type of customer service that is necessary to make a correspondent lending channel successful,” Scott Stern, Lenders One CEO, explained. “Many of their employees have more than 25 years of correspondent lending experience, which shows they have what it takes to develop long-lasting, profitable relationships with its investors and lenders. With investor partners such as Affiliated Mortgage, we can continue to give our members access to programs, products and pricing that will allow them to remain competitive in their markets.”
Affiliated Mortgage provides its customers access to senior management in all areas of operation, including, secondary marketing, registration, underwriting and funding. This access enables Lenders One members the opportunity to communicate directly with any department for a timely, accurate response to their questions.
“With the changes our industry has gone through during the last two years, it is even more important now to know with whom you are doing business,” said Dan Hastings, president of AMC. “Partnering with Lenders One is a way to work with well-recognized, experienced mortgage bankers located throughout the U.S. Its members have a reputation in the industry that is second to none in terms of producing quality loans, which is the type of relationship that we pride ourselves in building.”
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