Skip to main content

Lenders One and StratEx partner for HR efficiency

NationalMortgageProfessional.com
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 www.lendersone.com or www.stratexpartners.com.
Published
Nov 17, 2009
Fed Slows Rate Hike Pace, OK’s 0.25% Bump

Rate hike is 8th since March 2022.

Regulation and Compliance
Feb 01, 2023
Report: Fannie, Freddie Note Sales Undercut Homeownership Goals

National Consumer Law Center report says sales to private investors strip borrowers of access to loss-mitigation options.

Regulation and Compliance
Jan 31, 2023
FHA Expands COVID-19 Recovery Loss-Mitigation Options

Updated and expanded options intended to help more borrowers avoid foreclosure.

Regulation and Compliance
Jan 31, 2023
Complex Algorithms Causing Complex Compliance Issues

Complying with Reg B and ECOA on adverse action

Regulation and Compliance
Jan 27, 2023
The State Of Remote Work In Mortgage

Regulations are catching up with remote work, are you prepared?

Regulation and Compliance
Jan 27, 2023
Becoming The Interest Rate Expert

Understand the five main variable components of rate-sheet pricing and interest rates

Regulation and Compliance
Jan 27, 2023