Skip to main content

Lenders One reaches milestone of 150 members and counting

NationalMortgageProfessional.com
Dec 01, 2009

Lenders One Mortgage Cooperative, a national alliance of independent mortgage bankers, announced that it has reached another milestone as total membership climbed to 150 lenders in October. After attracting 42 new members in 2008, the cooperative has continued its steady growth adding 41 new members to date this year, 15 of them having joined during third quarter 2009. “Small- to mid-sized lenders no doubt face challenges in competing with larger entities,” said Scott Stern, CEO of Lenders One. “But we aim to provide them with the tools and resources to overcome any such limitations to effectively meet the needs of borrowers in their marketplace. In opposition to the struggling industry, Lenders One has remained a strong, consistent voice and place of refuge for independent mortgage bankers, and we fully expect our numbers to multiply again in 2010.” Aurora, Ill.-based First Centennial Mortgage Corporation, an originator primarily of FHA and conventional loans, joined Lenders One in early June. President Steven McCormick explained, “As a mid-sized mortgage banker that has chosen to remain fairly regional, we felt that partnering with Lenders One provided great support, benefiting us in our ability to better negotiate with vendor partners while representing more volume than we could have obtained individually.” Similarly, First Federal Savings & Loan’s vice president of residential lending, Rich Swerbinsky, said, “The benefits are comprehensive. From improved execution on loan sales, to savings on credit reports and automated underwriting, to tools to help us market our brand and train our people – being a Lenders One member provides increased efficiency in almost all aspects of the lending process.” First Federal, which joined Lenders One in October, is located in Ohio and operates 12 branches and two loan production offices. Stern added, “Our membership continues to grow and diversify, and so does our ability to broaden the scope of how we support their goals.” Lenders One is comprised of 153 independent mortgage banks, located in all 50 states. For more information, visit www.lendersone.com.
Published
Dec 01, 2009
Knock Provides Home Swap To Homeowners In Chicago

Fast-growing real estate technology company, Knock, is partnering with 10 local brokerage firms to bring the Home Swap to homeowners throughout the Chicago metropolitan area.

Sales and Marketing
Jul 30, 2021
Ruoff Mortgage Announces Multi-Year Partnership With NASCAR

NASCAR and Ruoff Mortgage, a residential mortgage company, announced a multi-year partnership that will designate the company as the “Official Mortgage Partner of NASCAR.”

Sales and Marketing
Jul 16, 2021
Eye, Eye Sir

When I widened my perspective, solutions seemed to fall into place.

C-Suite Strategies
Jun 19, 2021
Balancing The Busy

What do you do when you’ve got too much business?

C-Suite Strategies
Jun 19, 2021
Face It: Prepping For Live Events

There’s still a national crisis. But mortgage conferences are returning. Here’s how to prepare.

Sales and Marketing
Jun 19, 2021
Hablar Espanol: Your Next Client Is Likely To Be Hispanic

But mortgage lenders aren’t yet prepared for big demographic shift

Sales and Marketing
Jun 19, 2021