Lenders One Celebrates the Largest Number of New Members in its 18-Year History
Lenders One is also excited to announce the launch of new proprietary products and offerings as well as new provider relationships all designed to help members successfully achieve top-line growth and increase profitability:
- New product, Trelix™ eClosing. A paperless workflow that seamlessly integrates the closing process, this solution will help Lenders One members to simplify the often-lengthy closing process by fostering better communication and improved execution, allowing for potential cost savings.
New top five subservicer,
PHH Mortgage. A leading provider of subservicing and portfolio retention services, PHH offers members an opportunity to work, at a discounted rate, with one of the top subservicers in the United States. Members receive competitive pricing with private-label, daily data feeds and custom reports included at no additional cost, easy onboarding that can be completed in under 90 days and a customizable subservicing program that is built to robust compliance standards.
- New preferred provider, FinLocker. A financial data and analytics company that reduces costs and expedites the loan approval process by electronically capturing and analyzing consumer data, FinLocker gives lenders access to critical borrower information through a trusted third-party that can be used to streamline the origination and underwriting processes for mortgages and other financial products.
Access to Springhouse® Select. Springhouse Select is a newly formed offering that provides Lenders One members with appraisal training, ongoing staff trainings, a dedicated service team, one-time appraisal fee and more. Springhouse, a company within the Lenders One preferred provider network, is a full-service valuation solutions and appraisal management company that provides property valuation and appraisal services in all 50 states and five major territories in
the United States.
Altisource® 4506-T and SSA. Altisource4506-T and SSA can help Lenders One members streamline tax return and Social Securityverification operations, reduce risk and increase cost savings. The offerings are powered by the National Credit-Reporting System, Inc.(NCS).
"We are thrilled with the record-breaking new membership growth of Lenders One in 2017," said
"Our focus in 2018 is on giving our members an edge in a rapidly changing industry," added
About Lenders One® Cooperative
Lenders One (LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services. Participants on the Lenders One platform originated approximately
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