Skip to main content

The Mortgage Collaborative Adds 16 New Members

NationalMortgageProfessional.com
Jan 07, 2016
The Mortgage Collaborative has announced the addition of 16 new lenders to their national network of originating members

The Mortgage Collaborative has announced the addition of 16 new lenders to their national network of originating members, announced the Collaborative’s EVP of National Sales & Strategic Alliances Rich Swerbinsky.

“We’re very excited about this most recent wave of additions to our lender member network, because they collectively represent a cross-section of small to mid-size lenders across America,” said Swerbinsky. “We’ve added best-in-class independent mortgage bankers, community banks and credit unions—all of whom face challenges to their business model in their attempts to compete with larger lenders. The expertise and collective origination volume these additions bring to our network will help all our lender members operate more strategically and efficiently in 2016 and beyond.”

The new member companies are as follows:

►1st Security Bank of Washington – Mountlake Terrace, WA

Banc Home Loans – Irvine, CA

BECU – Tukwila, WA

CNB Mortgage – Pittsford, NY

Cornerstone Home Lending – Houston, TX

FM Home Loans – Brooklyn, NY

GVC Mortgage – Pendleton, IN

Jersey Mortgage – Cranford, NJ

LeaderOne Financial Corp. – Kansas City, MO

Mann Mortgage – Kalispell, MT

OVM Financial – Chesapeake, VA

Signature Mortgage – Canton, OH

Stockton Mortgage Company – Frankfort, KY

Success Mortgage Partners – Plymouth, MI

USA Mortgage – St. Louis, MO

Waterstone Mortgage Corp. – Pewaukee, WI

The addition of these companies increases the aggregate origination volume of The Mortgage Collaborative’s lender members to over $80 billion annually. In the past five months, The Collaborative has added 31 new originating lender members and 26 new preferred partner companies, capping off a year of rapid growth for the cooperative network.

CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021
Mortgage Lenders Expect Profit Margins To Shrink

69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.

Industry News
Jun 14, 2021
Real Estate Industry Calls To End Eviction Moratorium On June 30, 2021

Expanding the moratorium will only increase levels of debt on renter households and impede the recovery of the housing sector.

Industry News
Jun 14, 2021
Fifth Third Bank Expands Down Payment Assistance Program

The program will provide up to $3,600 towards a down payment for families with low to moderate income.

Industry News
Jun 09, 2021
Filo Mortgage Launches Low-Rate Guarantee

National mortgage lender Filo Mortgage is offering to beat competitors' pricing by $1,000 with its Low-Rate Guarantee.

Industry News
Jun 08, 2021