Skip to main content

Lenders One and StratEx partner for HR efficiency
Nov 17, 2009

Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, announced the on-boarding of StratEx Partners, a Chicago-based human resources solution company, as its newest preferred vendor. The partnership will provide cooperative members with a convenient and cost effective HR solution that eliminates the traditional paper-intensive HR and payroll processes as well as mitigates employee-associated risks. “With a changing industry, many mortgage businesses have grown or evolved to reflect new service offerings or M&A, and with that comes a greater need for an efficient, end-to-end employee lifecycle management solution,” said Luke Pille, Lenders One director of national programs. “StratEx provides a dynamic, automated method to manage and organize all aspects of HR from a single source, so Lenders One’s members can now spend less time doing paperwork and more time consulting homebuyers.” For mortgage bankers, establishing an integrated HR approach can often be difficult, as there are silos of data for every branch location. StratEx eliminates the administrative burden and costs associated with building or expanding human resource capacity internally. Its relationship with Lenders One enables the company to either act as an extension of cooperative members’ existing HR operations, or to serve as the direct HR resource for those that have no centralized initiatives around these tasks. Adam Ochstein, CEO of StratEx Partners, explained, “Lenders One members deserve a suite of services that will enrich the employee experience, which means simplifying the management of the paper- and time-intensive processes part of the employee lifecycle. StratEx provides them with practical, innovative solutions to common administrative and compliance issues that today’s companies face from hiring to retirement stages.” StratEx can assist with the streamlining of such functions as risk management, employee development and productivity, talent and HR management, as well as compensation and retention. The company’s online program, eStratEx, benefits Lenders One members with an employee intranet portal, real-time reporting, managed payroll coordination, integrated e-mail and more, all to better manage, automate and mitigate their HR processes. For more information, visit or
Nov 17, 2009
CFPB Reports Trends In Financial Assistance

The latest developments from this study reveal that most consumers have exited the payment assistance they received at the start of the pandemic.

Analysis and Data
Jul 14, 2021
CFPB Orders GreenSky To Refund $9M In Unauthorized Loans

The consent order requires GreenSky to refund or cancel up to $9 million in loans for the customers harmed by this illegal conduct.

Regulation and Compliance
Jul 13, 2021
CFPB Warns Landlords And Consumer Reporting Agencies To Report Accurate Rental Information

Inaccurate rental or eviction information can unfairly block families and individuals from safe, affordable housing.

Regulation and Compliance
Jul 01, 2021
FHFA Mandates Quarterly Fair Lending Reports

FHFA issued orders for all enterprises to submit quarterly Fair Lending Reports with data and information to improve the FHFA’s capabilities. 

Regulation and Compliance
Jul 01, 2021
FHFA Follows CFPB To Protect Borrowers Once COVID-19 Foreclosure And Eviction Moratoriums End

The Federal Housing Finance Agency made it clear that Fannie Mae and Freddie Mac servicers are not permitted to make first notice or filing for foreclosure that would be prohibited by the CFPB protections for borrowers affected by COVID-19.

Regulation and Compliance
Jun 30, 2021
CFPB Finds Evidence Of Redlining And Deceptive Acts In 2020

Enforcement actions resulted in more than $124 million in consumer remediation and civil money penalties in 2020

Regulation and Compliance
Jun 29, 2021