Total Mortgage Services LLC has announced the hiring of Lisa Schreiber as the company’s new head of its wholesale lending channel, TMS Funding. In her new role, as executive vice president of wholesale lending of TMS Funding, Schreiber will be responsible for defining and implementing the company’s vision, strategy and day-to-day execution to build TMS Funding into a leading nationwide wholesale lender. Schreiber will report directly to John Walsh, president of Total Mortgage, and be based in Milford, Conn.
“The addition of a mortgage industry leader of Lisa’s experience, character and passion to our team clearly demonstrates our commitment to building a sustainable nationwide wholesale lending business,” said Walsh. “Lisa’s results-oriented management style and deep industry knowledge will be invaluable as she drives our national expansion and generates industry-leading service to the mortgage broker community as well as operational and financial efficiency at TMS Funding.”
Most recently, Schreiber was chief strategy officer of NetMore America, where she was responsible for defining and implementing the lender’s vision and strategy. Previously, she was executive vice president of American Brokers Conduit (ABC), where she led the vision and implementation of the platform that drove ABC to become one of the fastest-growing, most respected, and a top 10-ranked wholesale mortgage lender. During Lisa’s tenure, ABC’s annual production grew to more than $33 billion at the end of 2006 from just $1.9 billion in 2002. In addition, ABC enjoyed a 95 percent employee retention rate and delivered the industry’s number one ranking in customer service according to an independent third party study. Prior to ABC, Schreiber was regional vice president at Bank of America Mortgage, where she grew the Southeast into a top tier region in volume, profitability and quality of performance.
“I am extremely excited about becoming part of the Total Mortgage team, a lender with an outstanding track record in responsible lending, forward-thinking and technology innovation," said Schreiber. “We believe mortgage brokers provide borrowers many benefits, which will help to ensure their continued relevance in the competitive mortgage industry. TMS Funding will focus on supporting high quality mortgage brokers by offering them consistently competitive pricing and providing the resources needed to operate more efficiently and deliver significant value to borrowers throughout the mortgage process.”
Schreiber has been recognized as a valued speaker within the mortgage industry, providing expertise through her writing and participation at industry events. In addition, Schreiber has applied her knowledge and energy to working with charitable organizations and completed the rehabilitation of a school in West Africa alongside Action Aid International and is an advisor to a non-governmental organization (NGO), The Grandmother Project.
For more information, visit www.totalmortgage.com or www.tmsfunding.com.