Since reporting record growth in production and membership from first quarter 2008, Lenders One, a national alliance of independent mortgage bankers, now has 121 members, including Minneapolis-based Am-Res Mortgage Inc.; Louisville, Ky.-based Century Mortgage Co.; Birmingham, Ala.-based Henger Rast Mortgage Corp.; and Denver-based Universal Lending Corp. – all joining the cooperative in June. These additions bring the new member total to 24 so far this year.
‘In difficult times, it is important for mortgage companies to maximize profits and productivity, as well as network and learn from each other,’ says Scott Stern, CEO of Lenders One. ‘That is why so many mortgage companies have turned to Lenders One. We provide members access to quality products and services and give them opportunities to network with their peers across the country.’
Lenders One adds that it increased membership approximately 33% last year. It set a goal to match that percentage in 2008 and raise the total membership to 130 lenders by year's end. After six months, the alliance is only six members away from reaching that goal.
Source: Lenders One