Ralph Armenta has joined Incenter Lender Services (Incenter) as President of Lending-in-a-Box. In his new role, Armenta is responsible for accelerating a variety of personal/non-mortgage and mortgage loan products into the market that quickly generates accretive revenues and liquidity for lenders, depositories, independent mortgage banks (IMBs), community banks, and credit unions, along with their servicing and subservicing partners.
These will be offered through Incenter’s digital Lending-in-a-Box platform on a “plug and play” basis — helping clients start building a new revenue stream, with marketing support, within weeks. He is also charged with optimizing product pricing strategies.
“Incenter is fortunate to add Ralph to our team as our clients seek a new infusion of growth,” said Bruno Pasceri, president. “He is recognized for his insightful business analyses and innovations aimed at lifting the housing finance industry. This industry is at a watershed moment where the ability to offer non-traditional products like student, auto, or personal loans, or to tap into demand for residential transition loans (RTLs) or second-lien products, can offer a long-term advantage. Ralph will help our clients enter new spaces while providing additional opportunities for the secondary and capital markets.”
The first “plug and play” Lending-in-a-Box offering is Student-Loan-in-a-Box from Incenter company CampusDoor, which enables lenders to offer private student loans and refi's without any capital investments, default or compliance risks, or operational costs. On the back end, CampusDoor’s expert underwriters, technology professionals and call center staff handle every aspect of loan processing from application to disbursement, and coordinate with servicing and investment partners.
“When Incenter introduced me to its Lending-in-a-Box strategy, I immediately wanted to sign on. Lending-in-a-Box is the most revolutionary and impactful mortgage concept I have seen, and an example of Incenter’s boundless creativity,” said Armenta.
Armenta brings 20 years of mortgage industry leadership experience to Incenter, most recently as Senior Vice President-Enterprise Sales at Computershare Loan Services, where he was recognized as a top salesperson two years in a row.
Other previous positions include Executive Vice President and Chief Revenue Officer at LoanFuel and Managing Director at Compass Analytics. Armenta also has been an adjunct professor for the past 20 years at New York’s Empire State University teaching undergraduate and graduate-level courses in corporate finance, macroeconomics, and financial strategy.
