Altisource Portfolio Solutions has announced two executive appointments in its Origination Solutions Business Unit, as Michael Kuentz joins as vice president of National Sales for the Lenders One Mortgage Cooperative, a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services, and Justin Vedder was promoted to vice president, National Sales for Origination Solutions. Kuentz will be responsible for managing the Lenders One sales effort and implementing new initiatives for the benefit of members. Vedder will oversee all sales and client service functions across the business unit.
Kuentz has 18-plus years of sales and management experience in the mortgage industry, most recently at Equifax where he served as senior vice president of Verification Services. Prior to that, he held the role of senior vice president of Mortgage Services for Equifax. Kuentz joined Equifax in 2001 as part of the firm's acquisition of Rapid Reporting where he was a partner.
Vedder joined Altisource in July 2015, through the acquisition of CastleLine where he served as executive vice president of CastleLine Risk and Insurance Services. Vedder has more than 15 years of sales and management experience in the mortgage and insurance industries. Prior to joining CastleLine, Vedder was an area senior vice president at Arthur J. Gallagher and held various positions throughout the mortgage industry.
Kuentz and Vedder will both report to Bryan Binder and Jason Garmise, who lead Altisource's Origination Solutions Business Unit, which includes Lenders One.
"Michael brings a deep expertise in sales, marketing and strategy and is extremely well regarded throughout the mortgage industry. In addition, Michael has strong relationships with many of the Lenders One members, preferred vendors and investors," said Binder. "In addition, this is a well-earned promotion for Justin. Jason and I have worked closely with Justin for more than three years and have the utmost confidence in his sales, management and strategic capabilities. These management additions demonstrate our continued investment in the origination solutions leadership team, and we believe that both will have an immediate impact on our clients."
