Industry vets will help manage the company's GSE portfolio
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Merchants Capital has added Lisa Lundeen and Toni Gilbert to its mortgage banking division. Lundeen joined the company as its vice president of government-sponsored enterprise portfolio management, while Gilbert has been named vice president of insurance compliance.
As vice president of GSE portfolio management, Lundeen will be responsible for enhancing company procedures, as well as overseeing the implementation of a new servicing and database management application. She has worked with both permanent and construction loans in her over 12 years of multifamily servicing and asset management experience.
With more than 16 years of experience in the mortgage industry, Gilbert specializes in insurance and multifamily escrow. In her new role, she will assist the company’s streamline loan and post-closing insurance renewals. In addition, Gilbert will also be responsible for reviewing insurance information, as well as ensuring Merchants Capital complies with the standards of Freddie Mac, Fannie Mae, and the Department of Housing and Urban Development.
“We’re excited to have Lisa and Toni in these newly created positions as we continue to expand our Twin Cities office with top talent,” said Merchants Capital President Michael Dury. “Providing great service to our customers is, and always will be, a top priority at Merchants Capital. Lisa and Toni’s unique backgrounds give them an excellent perspective that will greatly impact our day-to-day activities and allow us to deliver a better product to our customers.”