Mortgage lenders alliance announces growth, new leadership

by Steve Randall01 May 2017
A national alliance of independent mortgage banks has seen continued growth and strengthened its leadership team.

Lenders One is the largest mortgage cooperative in the US, with its members accounting for 18 per cent of mortgage originations nationwide according to 2014 figures from the Mortgage Bankers’ Association.

Its membership has grown in the last two quarters to include 20 new members and 9 new preferred providers. The members range from those with a $10 million monthly volume up to those with $1 billion a month volumes.

The new leadership appointment is Matthew T. Orlando, who joins as vice-president of National Programs.

He has spent 10 years at Equifax in various leadership roles. He has a background in product and marketing strategy and will focus on enhancing the cooperative’s value to its members and preferred vendors.

“As the leading mortgage cooperative, with over seventeen years in the industry, Lenders One continues to deliver value to our members through exceptional leadership and technology innovations,” said Bryan Binder, chief executive officer of Lenders One.

“I am delighted that Matt has joined the Lenders One team, and I am excited about the cooperative’s continued growth and strong momentum. Matt’s expertise will be valuable to both our members and preferred vendors as we ensure that our members have the resources and tools needed to thrive in today’s competitive marketplace,” added Binder.

Lenders One was founded in 2000 and provides members with several benefits including ongoing educational programs, networking opportunities and access to discounts for the loans that they originate.

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