Verity Global Solutions Names New COO

Sep 03, 2020

Director of Events

Verity Global Solutions, a provider of outsourced solutions in the mortgage industry, named Chetan Patel its chief operating officer. Patel will be responsible for expanding the company's services and growing Verity from 600 employees to more than 3.000 over the next two years.

Patel is a veteran in the mortgage industry with more than 25 years of leadership experience. He co-founded MortgageHub.com in 1998 and rebranded the company to ISGN, a nationwide provider of mortgage products and services. Photo of Chetan Patel

He plans to expand Verity's services beyond loan manufacturing and back-office accounting services to include all origination and servicing capabilities. According to the release, he will start by hiring 50 to 100 mortgage servicing specialists and fill 100 underwriter positions at the company's India and U.S. offices.

"Chetan brings with him valuable experience in enhancing internal operations as well as the client experience using both labor and automation,” said Sam Mehta, founder and CEO of Verity Global Solutions. “Given his reputation and track record of success at ISGN, Chetan is the perfect person for this role."

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

Link copied

Published

Sep 03, 2020

Analysis and Data

Fewer Canadians Hunt For U.S. Property

Largest component of international buyers in U.S. takes more than 25% hit

Fewer Canadians are searching for houses in the United States, thanks in large part to the tariffs put on their country by the Tramp Administration and the resulting worsening relations between the two countries. According to Redfin, 26% fewer Canadians searched for homes...

Regulation and Compliance

Fannie, Freddie Now Allow Lenders To Use VantageScore 4.0

Lenders will keep tri-merge credit scoring model; what this shift means

Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping tri-merge credit checks on borrowers. “Effective today,” Federal Housing Finance Agency (FHFA) Director William J. Pulte posted on X this morning, “to in...