Mortgage Connect LP, a national mortgage service provider for the nation’s largest financial institutions, investors and servicers, is expanding its default division through geographic expansion of key operational centers, product diversification and hiring of industry default talent.
Specifically, the company its expanding its geographic footprint and licensing into Alabama, Arizona, California, Nevada and Washington. This will enable Mortgage Connect to service directly the majority of its origination and default business while delivering specialized market expertise and a local presence, the company says in a release.
To help with the expansion, the company recently hired Jay Anderson as senior vice president of loss mitigation title services within the default services division.
Anderson has nearly 20 years of experience in managing and driving key initiatives within the loss mitigation and default services segments, most recently with a large nationwide title insurance company.
The company also recently hired Alan Chang as vice president of default services.
Chang oversees pre-foreclosure title and trustee sale guarantee services. His expertise within the title insurance industry is paralleled by a keen focus on creating a superior client experience through optimal workflows and technology.
In addition, Mortgage Connect recently promoted Sheri Yoho as executive vice president of operations.
Yoho, who started at Mortgage Connect in 2013, has successfully built the company’s origination title close operations.
She previously built a centralized REO title and closing operations team and managed overall REO customer satisfaction, which she will now oversee for the company’s REO title and close division.
“Our portfolio of comprehensive mortgage solutions now encompasses end-to-end services across the default continuum, including nationwide pre-foreclosure title support, trustee sale guarantee, loss mitigation title services, REO and default title and closing services,” says Jeff Coury, CEO of Mortgage Connect. “Diversifying into these markets, coupled with the addition of a leadership team of highly seasoned industry veterans, will strengthen our ability to provide end-to-end solutions.
“We are proactive in preparing for market shifts to ensure we continue to provide the optimum consumer experience and first-in-class service and to continue innovation across the mortgage spectrum,” Coury adds.