Lenders One selects Clayton Staffing as preferred vendor partner – NMP Skip to main content

Lenders One selects Clayton Staffing as preferred vendor partner

Sep 29, 2009

Clayton Staffing Solutions Group, a subsidiary of Clayton Holdings Inc. and a provider of remote and on-site staffing to the mortgage and securities industries, has announced that it has been selected as the preferred staffing provider by Lenders One Mortgage Cooperative, a national alliance of more than 145 mortgage bankers. Through this agreement, Clayton Staffing Solutions will provide contract Federal Housing Administration (FHA) and conforming underwriting support to Lenders One’s membership to fulfill either temporary or full-time capacity issues. The company will also be able to provide professional support for closing, processing, quality control, default management and servicing functions. These staffers can be located onsite at Lenders One members’ offices, or remotely based at Clayton’s National Operation Center, a 55,000-square foot facility in Tampa, Fla. “In selecting a preferred outsourcing staff provider, we were looking for a partner that could immediately, as well as effectively, help our members cope with the changing demands of the marketplace,” said Luke Pille, Lenders One director of national programs. “Clayton maintains a database of more than 10,000 vetted underwriters and processors, including a significant number of FHA underwriters. Its resources, expertise and the technology will help our members capitalize on the current market opportunities, and longer term will give them the option of converting their fixed labor costs to variable ones.” “Clayton’s mission is to help clients solve business challenges, so we were extremely pleased to be selected by Lender One to help their members deal with capacity issues” said Paul T. Bossidy, chief executive officer of Clayton Holdings Inc. “Over the past 18 months there have been huge fluctuations in demand for mortgage financing, making it extremely difficult for mortgage bankers to profitably staff for varying levels of volume. By providing flexible onsite and remote solutions, we are able to help Lender One members keep up with spikes in demand, without adding to permanent staff and increasing their infrastructure expenses.” For more information, visit www.lendersone.com or www.clayton.com.  
About the author
Published
Sep 29, 2009
MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan

The GLBA Compliance Gap Your AI Deployment Just Opened

Old statutes, new models, and the vendor contract you signed before machine learning became operational

FHA Keeps Tri-Merge Credit Reports While Expanding Approved Scoring Models

HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting

House Passes Amended 21st Century Road To Housing Act

The House version softens a controversial provision aimed at large institutional investors

New York Cash-Home Tax Proposal Could Push Wealthy Buyers Back Into Mortgages

As all-cash deals surge nationwide, a proposed 1% levy on $1M+ purchases in NY may reshape jumbo lending, borrower strategy, and origination opportunities

The Mortgage Industry Needs Practical AI Governance, Not Just AI Ambition

MISMO’s new FRAME initiative aims to help mortgage lenders operationalize responsible AI governance across the loan lifecycle