Archive for year: 2021
EY US ANNOUNCES JEFF COURY OF MORTGAGE CONNECT AS AN ENTREPRENEUR OF THE YEAR® 2021 FINALIST
Pittsburgh, PA – June 15, 2021 – Ernst & Young LLP (EY US) announced that Jeff Coury, chief executive officer of Mortgage Connect, one of the nation’s leading providers of mortgage settlement services, was named an Entrepreneur Of The Year® 2021 East Central Region Award finalist. Now in its 35th year, the Entrepreneur of the Year program honors unstoppable business leaders whose ambition, ingenuity, and courage in the face of adversity help catapult their businesses.
The nominees for Entrepreneur of the Year are evaluated based on six criteria: entrepreneurial leadership; talent management; degree of difficulty; financial performance; societal impact and building a values-based company; and originality, innovation, and future plans.
Mortgage Connect began in 2008 as a Title and Settlement Services company. It was restructured in 2012 when Coury joined as CEO and Managing Partner. Under Coury’s leadership Mortgage Connect has become a prominent, national provider of mortgage services and counts amongst its clients the majority of the nation’s top lenders, and leading institutional investors and servicers. Today, Mortgage Connect has expanded its offering across the mortgage continuum, processing more than 150,000 real estate transactions per month. Within the last five years alone, the company has experienced 900% year over year growth, strategically expanding without sacrificing quality.
“It is an honor to be selected as a finalist for this award and credit must be shared with every one of our 2000 US-based employees,” said Coury. “We started with a vision to create an enhanced consumer experience during the mortgage closing process and an unwavering passion for operational excellence. That formula has resulted in exemplary success, as we are now recognized by Ernst & Young. I am very humbled to be grouped with the nation’s top innovative business professionals.”
Coury was selected by a panel of independent judges. Award winners will be announced during a special virtual celebration on Thursday, August 5, 2021, becoming lifetime members of an esteemed community of Entrepreneur of the Year alumni from around the world.
About Mortgage Connect LP
Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, and Capital Markets sectors. With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation’s largest lenders and servicers, including 17 of the top 20. Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with their clients and consumers. For more information, visit www.mortgageconnectlp.com.
Contact: Jacob Gaffney
Gaffney Austin LLC.
817.471.7627jacob@gaffneyaustin.com
VALUATION CONNECT APPOINTS SHAWN MURPHY AS EXECUTIVE VICE PRESIDENT TRADITIONAL APPRAISAL OPERATIONS
Pittsburgh, PA – June 7, 2021 – Valuation Connect, an appraisal management company and division of Mortgage Connect LP, today announced Shawn Murphy as its Executive Vice-President of Traditional Appraisal Operations.
“We are thrilled to have Shawn as part of our leadership team. He is a senior executive with a proven track record of driving growth and profitability. He has an entrepreneurial mindset with a focus on strategy and business plan execution, balancing customer experience and operational efficiency,” stated Jeff Coury, Mortgage Connect LP Chief Executive Officer.
Having spent the past 15 years in various leadership roles for ValuAmerica, Inc. (n/k/a Radian Settlement Services, Inc.) Shawn studied every facet of the mortgage industry early on. From sales and marketing to management, client services and information technology – Shawn has done a little bit of everything in the industry, making him an incredible asset. Shawn and his family are renowned figures in the mortgage services industry. Shawn’s father, Robert (Bob) Murphy Jr., founded Lender’s Service, Inc. (LSI) in 1977.
Shawn has held titles at nearly every level of hierarchy and considers himself a person who doesn’t fit into a box, instead adapting to the inevitable curve balls the mortgage industry throws.
“The entrepreneurial environment that Jeff Coury and Valuation Connect offer makes a huge difference. My background is working in public and political offices as well as family-owned companies,” Shawn stated. “I’m thrilled to join Valuation Connect at a time when the enterprise has experienced sustainable growth and I plan to continue that growth path without disruption.”
As EVP of Traditional Appraisal Operations for Valuation Connect, Shawn will manage the day-to-day operations. He says he’s already immersed himself into his work and is thrilled to be back at the roots of the industry.
“I’ve had the opportunity to get to know Shawn over the years and was always impressed with his knowledge. Shawn is experienced in several areas of mortgage servicing, but having him oversee traditional appraisals is at his core. I anticipate Shawn to thrive in his role,” Jeff Coury added.
About Valuation Connect
Valuation Connect is a subsidiary of Mortgage Connect. We are an appraisal management company, managed by a team with an average of 25 years of experience in the appraisal industry.
About Mortgage Connect LP
Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, Critical Communications, and Capital Markets sectors. With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation’s lenders and servicers, including 4 of the top 5 and 17 of the top 20. Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with the consumer, loan officer and the client. For more information, visit www.mortgageconnectlp.com.
Mortgage Connect Appoints Brian Frye As Executive Vice President Servicing & Capital Markets Strategy
FOR IMMEDIATE RELEASE
MORTGAGE CONNECT APPOINTS BRIAN FRYE AS EXECUTIVE VICE PRESIDENT SERVICING & CAPITAL MARKETS STRATEGY
Pittsburgh, PA – February 24, 2021 – Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, servicers and GSEs, today announced it has appointed Capital Markets veteran Brian Frye to the role of Executive Vice President, Servicing and Capital Markets Strategy.
The Company tapped Frye in October 2019 to lead its Capital Markets division which provides title, collateral, and transaction support services that cater to the demanding needs of institutional investors, banks, and GSEs that trade and securitize whole loans in the secondary market.
“We are pleased to have Brian leading our Servicing and Capital Markets sales and strategy. Brian’s success in leading our Capital Markets division growth and expansion demonstrates his resolve in building solutions to meet the needs of the largest clients and investors in the industry,” said Jeff Coury Mortgage Connect CEO and Managing Partner.
Frye brings decades of experience, specifically with Wall Street investors. Beginning his career with Lehman Brothers prior to the financial housing crash of 2008, he supported the fixed income trade desk. “Title and Collateral defects can be the single biggest risk when trading mortgage assets,” said Frye. “Mortgage Connect has built an incredible business model where we provide component service work that protects our clients. We remediate both collateral and title issues so mortgage loan portfolios can be traded and securitized clean and clear.”
In his expanded role, Frye will be instrumental in product development and sales for the Company’s full spectrum of end-to-end servicing solutions, including loss mitigation, default services, critical communications and valuation solutions. He will be leading sales and strategy with a focus on delivery of scalable solutions tailored to meet SLA requirements that boost efficiencies and enhance the consumer experience.
Frye was a principal and co-founder of AMRE Solutions, a diversified mortgage default services company, acquired by a large national mortgage services provider in 2013. Prior to joining Mortgage connect in 2019, he was Senior Vice President at Linear Title LLC, (later purchased by Solidifi) where he established the firm’s Capital Market division.
About Mortgage Connect LP
Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, Critical Communications, and Capital Markets sectors. With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation’s lenders and servicers, including 4 of the top 5 and 17 of the top 20. Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with the consumer, loan officer and the client. For more information, visit www.mortgageconnectlp.com.
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