Archive for category: News

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MORTGAGE CONNECT LP ANNOUNCES EXPANSION of DEFAULT DIVISION

Leading Mortgage Service Provider Diversifies Services, Hires Key Industry Experts and Expands Geographic Footprint

Pittsburgh, PA – January 30, 2018 – Mortgage Connect LP, a national mortgage service provider for the nation’s largest financial institutions, investors and servicers, announces expansion of its default division through geographic expansion of key operational centers, product diversification, and hiring of industry top default leaders.  The Company, which was listed as one of America’s entrepreneurial growth leaders by INC. 5000’s list of the nation’s fastest-growing private companies in 2017, will continue to invest in the Default Sector to be equipped for any market shifts and client demand.

“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.  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,” stated Jeff Coury, CEO of Mortgage Connect.

In addition to product diversification, the company has extended its geographic foothold and licensing expansion into Alabama, Arizona, California, Nevada and Washington, which will enable Mortgage Connect to service directly the majority of its origination and default business, while delivering specialized market expertise and a local presence.

In order to execute on this expansion effort, Mortgage Connect has retained several key industry experts.  Jay Anderson, who joined the company in September 2017, serves as Senior Vice President of Loss Mitigation Title Services within the Default Services Division.  Mr. Anderson has nearly twenty years’ experience in managing and driving key initiatives within the loss mitigation and default services segments, most recently with a large nationwide title insurance company.

Alan Chang, Vice President of Default Services, who also joined the company in 2017, oversees Pre-Foreclosure Title and Trustee Sale Guarantee Services.  Mr. Chang’s expertise within the title insurance industry is paralleled by a keen focus on creating a superior client experience through optimal workflows and technology.

Sheri Yoho, Executive Vice President of Operations at Mortgage Connect, has successfully built the Origination Title Close operations, driving the company’s leading performance and growth in the market since joining the company in 2013. Ms. Yoho has 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 & Close Division.

“We look forward to  offering a true end-to-end default title process to serve the needs of lenders and servicers with a streamlined solution that improves efficiency and reduces costs,” added Mr. Coury.

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 3 of the top 5 and 15 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.

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FOR IMMEDIATE RELEASE
Contact:  Ellie Kadz
Ellie@marketingtbd.com
310-502-0012

MORTGAGE CONNECT NAMES BOB FRANCO PRESIDENT, ORIGINATIONS

Industry Veteran Joining Firm to Support Rapid Growth of Origination Services 

Pittsburgh, PA – March 14, 2017 – Mortgage Connect LP today announced that it has named Bob Franco as President of its Originations Division.

An industry veteran whose experience spans nearly three decades in the mortgage services industry, Bob has vast knowledge opening and growing centralized service platforms for the industry’s largest title insurers servicing the top mortgage lenders nationwide. Bob is a founding member and former President of United Lender Services, a USAA company, where he directed the Company’s operational, sales and support functions specific to appraisal, title insurance and closing services. He has also held key strategic leadership roles with Prudential, Merrill Lynch, Fidelity National Financial and United General Title Insurance Company, a wholly owned subsidiary of First American Title Insurance Company.

“Bob is a fantastic addition to our management team.  His vision and tenacity will elevate our Originations Division to the next level,” said Jeff Coury, CEO, Mortgage Connect LP.  “Our tremendous growth and diversification into parallel lines of mortgage service offerings requires strong leadership with a proven track record of success.  Bob’s experience, culture and service-first approach are perfectly aligned with our strategic initiatives, and will be a tremendous asset to Mortgage Connect and its subsidiaries.”

In his new role, Bob will have oversight of the Originations division, including the Core Refinance Services, Private Wealth, Mortgage Connect Escrow, Inc. California and New York divisions as well as the company’s new Appraisal division.  “I am thrilled to join Mortgage Connect and support their continued mission to innovate the mortgage process and their passion to enhance the consumer experience, helping clients retain the consumer beyond the closing process,” Bob said.  “I look forward to working with such a solid, experienced team and supporting their rapid growth.”

About Mortgage Connect LP

Mortgage Connect, is a Pittsburgh, PA-based national mortgage service provider, serving the Origination, Default, Home Equity, Private Wealth, and Appraisal sectors.  With offices in New York, Texas, Colorado and California, the company offers customizable solutions to the nation’s lenders and servicers, including 6 of the top 10.  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 lender. For more information, visit www.mortgageconnectlp.com.

Meeting borrower demand for online and mobile access

Click to read the full article on HousingWire.com

While the industry has been able to absorb the battery of  regulatory changes, TRID has completely changed the name of the game. Cristy Ward, Chief Strategy Officer focused on consumer experience at Mortgage Connect, LP, explained that TRID upkeep and operational maintenance continues to be the center of focus for lenders and their associated title and closing partners.

“TRID has been tough on the industry as a whole. Many lenders are still struggling with technology platforms and forced to create manual workarounds to process their transactions,” Ward said.

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