Group says it will continue to "help members reduce costs, improve their profitability"
Lenders One Cooperative welcomed 28 new members and providers during its annual L1 Summit conference in Las Vegas.
The cooperative held the event this month, featuring education sessions, keynotes, and networking events designed to help members reduce costs, increase profitability, and navigate the mortgage markets.
“Amid today’s challenging mortgage origination environment, I am excited about the milestones achieved by the cooperative over the last year and optimistic about our ability to continue to help the L1 members better compete,” said Lenders One president Justin Demola. “Our longstanding mission is to help members reduce costs, improve their profitability and better compete against larger, well-funded mortgage lenders. Our support and release of these innovative solutions are key to accomplishing that mission.”
Since the last summit in 2022, Lenders One has added 28 members, including 12 new preferred providers and four new capital markets providers.
New preferred providers:
- AcuClix
- ActiveComply
- Argyle
- Asurity
- ForumPay® Cryptocurrency Closings Through Premium Title Services
- Lender Toolkit
- LendingPad
- LexisNexis Risk Solutions
- Matchbox
- Snapdocs
- TrustEngine
- Universal Component Lender Services
New Capital Markets Providers:
- Cornerstone Servicing
- Deephaven Mortgage
- NP, Inc.
- PCB Bank Mortgage Warehouse
“Altisource’s interest in these companies supports the Lenders One mission to be the one-stop source for mortgage lenders to access best-in-class solutions that improve their profitability and meet the evolving needs of borrowers,” said Justin Demola, president of Lenders One and senior vice president of originations at Altisource. “These compelling technology solutions should help our members improve their performance during these challenging times.”
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