The Mortgage Collective, an organization of forward-thinking solution providers and industry partners committed to changing the mortgage industry, has launched a new component-based Solutions Group.
The new group will serve to combine the expertise and delivery of the industry’s leading service providers from individual, vertical offerings into comprehensive business solutions for mortgage banking, real estate services, originations, loan servicing and default management, the Mortgage Collective says in a press release.
“By combining service offerings from best-in-class industry service providers, the Mortgage Collective is able to deliver a unified, component-based solution approach that is more nimble and responsive than what the mega providers offer through acquisitions,” says Keith Murray, president and CEO of VRM Mortgage Services, creator and developer of the Mortgage Collective. ”Factor in the added benefit of providing thought leadership and industry networking opportunities, and we’ve established a truly disruptive solution for our industry.”
The Solutions Group is designed to be agile and adaptive in order to meet the demands of the rapidly evolving mortgage industry. As new challenges arise, additional companies will have the opportunity to join the group and participate in helping create the next generation of customized industry services.
Brandon Kirkham, senior vice president of business expansion at VRM, says the new group “is ideal for lenders, servicers, investors and government sponsored enterprises looking for new and innovative solutions that better align with today’s complex mortgage banking requirements.”
“Modifying legacy technology solutions or pivoting inefficient work processes does not create the agility and innovation needed to dramatically reduce cost to service while improving customer experience. Bring us your challenge and we will craft a solution that works,” Kirkham says in the release.