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The Mortgage Collaborative has announced the formal approval of eight new lenders to their national network of originating members, announced the Collaborative’s EVP of National Sales & Strategic Alliances Rich Swerbinsky.
“The addition of this group of best-in-class mortgage lenders strengthens the collective origination volume and expertise of our member network, positioning us to better help small to mid-sized lenders compete,” said Swerbinsky. “By continuing to provide a significant amount of value for our members for a minimal cost of entry, The Mortgage Collaborative is well positioned to continue to responsibly grow through the addition of great companies to our cooperative network.”
The new member companies are as follows:
►Axia Home Loans, Bellevue, Wash.
►Crescent Mortgage, Atlanta
►Envoy Mortgage, Houston, Texas
►Home Savings & Loan, Youngstown, Ohio
►Inlanta Mortgage, Milwaukee
►Market Mortgage, Worthington, Ohio
►Prime Lending, Dallas, Texas
►Sindeo Inc., San Francisco, Calif.
The addition of these companies increases the aggregate origination volume of The Mortgage Collaborative’s lender members to over $36 billion annually. In the past four months, the cooperative network has more than tripled their number of originating lender members and has added 20 new preferred vendor partners.