Skip to main content

LenderLive client base grows to 200 clients

National Mortgage Professional
Oct 26, 2009

LenderLive Network Inc., a provider of business process outsourcing and technology to the financial industry, announced that the company now has 200 active clients, a notable feat given the number of companies that have fallen prey to the current economic tidal wave. With the evolving mortgage market, LenderLive was proactive and successfully diversified its offerings to adapt to industry demand, which has helped attract more clients of all sizes. Along with community banks and credit unions, the company’s services have broadened its reach to the largest lenders and servicers in the country. “We have seen growth in the number of customers using our end-to-end fulfillment solutions due to the displacement that has occurred in the mortgage industry. This has fueled substantial growth among credit unions and community banks,” explained Rick Seehausen, president and CEO of LenderLive. “In a declining market our clients are doing more loans, which means they are gaining market share rapidly as the lending environment changes.” LenderLive’s transition this year to add component services has also helped grow the number of active clients for the company. In addition to fulfillment services, LenderLive offers a variety of outsourced services to lenders of all sizes, such as contract underwriting, quality control and closing coordination. The company is also experiencing increased demand from loan servicers for specialized support of the HAMP and HARP loan programs. “Having such a diverse group of clients and a diversified service offering, particularly in these challenging economic times, has provided the stability our shareholders, management and clients demand,” Seehausen added. For more information, visit LenderLive.com.  
Published
Oct 26, 2009
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Operations
Jan 09, 2023