SAN DIEGO, Calif. /California Newswire/ — The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of eight new lenders to their national network of originating members, announced the Collaborative's EVP of National Sales & Strategic Alliances, Rich Swerbinsky.
"The addition of this group of best-in-class mortgage lenders strengthens the collective origination volume and expertise of our member network, positioning us to better help small to mid-sized lenders compete," said Swerbinsky. "By continuing to provide a significant amount of value for our members for a minimal cost of entry, The Mortgage Collaborative is well positioned to continue to responsibly grow through the addition of great companies to our cooperative network."
The new member companies are as follows:
Axia Home Loans – Bellevue, Wash.
Crescent Mortgage – Atlanta, Ga.
Envoy Mortgage – Houston, Texas.
Home Savings & Loan – Youngstown, Ohio.
Inlanta Mortgage – Milwaukee, Wis.
Market Mortgage – Worthington, Ohio.
Prime Lending – Dallas, Texas.
Sindeo, Inc. – San Francisco, Calif.
The addition of these companies increases the aggregate origination volume of The Mortgage Collaborative's lender members to over $36 billion annually. In the past four months, the cooperative network has more than tripled their number of originating lender members and has added 20 new preferred vendor partners.
This most recent growth spurt comes off the heels of The Mortgage Collaborative's successful Summer Member Conference, which was held from August 9-11, 2015 at The Lodge at Torrey Pines in San Diego, Calif. The conference featured speaking appearances by many of the mortgage industry's most notable leaders and representatives from more than 80 lender and vendor companies.
About The Mortgage Collaborative:
Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance, as well as helping our members access the dynamic and changing consumer base in America. The association is managed by its founding members, John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America.
For more information visit: http://www.mortgagecollaborative.com/.
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