Lenders One Names New President – NMP Skip to main content

Lenders One Names New President

Navi Persaud
Feb 19, 2021
Lenders One Logo

Lenders One Cooperative promoted Justin Demola, CMB to president of Lenders One. He will be responsible for day-to-day operations and strategic execution of the cooperative, according to a press release. Photo of Justin Demola

Demola joined Lenders One in 2019 as vice president, sales. He most recently served as managing director for the company and has close to 30 years of experience in mortgage, consulting and business development experience. Prior to joining Lenders One, Demola worked in a number of leadership roles including chief operating officer of MLB Residential Lending, LLC and president of The Hills Mortgage and Finance Company, LLC. He is also a licensed mortgage loan originator and Certified Mortgage Banker.

Demola also serves as CMB instructor for the Mortgage Bankers Association's CMB Final Prep Course, sharing his insight and support with current students. He serves on the Mortgage Bankers Association of New Jersey Board of Directors and is a member of the MBA MORPAC Committee.

"Justin brings deep industry experience to Lenders One as a seasoned mortgage banker and leader," said William B. Shepro, CEO of Altisource and a member of the Board of Directors of Lenders One.

"Over the last year, we’ve seen our members’ businesses grow exponentially, though that hasn’t come without hurdles," said Demola. "Lenders One has a unique opportunity as a trusted consultant for our members to offer our own exclusive solutions and those of the providers in our network to help improve our members’ competitiveness and grow their earnings."

Published
Feb 19, 2021
Class Valuation Appoints EVP Of Valuation Modernization

Cristy Conolly will focus on removing bias from the equation in appraisals.

Industry News
May 17, 2022
Open Mortgage Appoints New Chief Financial Officer

Anthony Nolte, Open Mortgage's CFO since 2019, will transition to chief legal officer.

Industry News
May 17, 2022
Online Brokerage REX Pursues Litigation Against Zillow & NAR

The legal battle between REX Home Loans (Real Estate Exchange, Inc.) and NAR continues to heat up, even though REX is reported to have shut down operations.

Industry News
May 16, 2022
Fannie Mae Seeks Innovative Housing Ideas

Sustainable Communities Innovation Challenge seeks ideas to advance racial equity in housing, focusing on addressing supply, funding and credit barriers.

Industry News
May 16, 2022
BSI Financial Hires Execs To Drive HR, Investor Reporting

Sean McGowan will lead HR, training and company culture; Shannon Clay to head investor reporting, reconciliations, and cash management initiatives.

Industry News
May 16, 2022
Home Point First Quarter Earnings Down Significantly

Net income down more than 90% from a year ago.

Industry News
May 13, 2022