Mortgage consultancy brings in new executive consultant

Industry veteran has expertise in mortgage product development

Mortgage consultancy brings in new executive consultant

Mortgage consultancy Transformational Mortgage Solutions (TMS) has announced the appointment of Michael Barrett as mortgage executive consultant.

A 17-year industry veteran, Barrett will apply his mortgage and product-development expertise to helping TMS clients improve process efficiencies, execute digital mortgage transformation strategies, and expand profit margins.

“As the name Transformational Mortgage Solutions suggests, our mission is to transform the legacy processes and ways of thinking that are holding lenders back,” said David Lykken, founder and chief transformational officer at TMS. “Michael’s keen eye for process evaluation and business development strategy make him especially well-suited for a role at TMS. We look forward to working with him.”

Previously, Barrett was senior vice president, retail direct platform at AmeriHome Mortgage Company, where he built out their consumer direct lending channel in the Orange County, Calif., market. He also served as vice president of business development at Guaranteed Rate and director of product strategy at Discover Financial Services

“In this tight market, many lenders need to evaluate their business model and back office processes with fresh eyes in order to make the kinds of informed and effective decisions that will keep their business viable,” said Barrett. “I’m excited to join the stellar team at TMS, and contribute to their reputation as a firm that can cinch the belt on any lending operation by coaching for intentional, disciplined performance.”