The Mortgage Collaborative Reaches $100B Origination Milestone

Posted by Patrick Barnard on June 30, 2016 No Comments
Categories : Residential Mortgage

Movement Mortgage is the latest mortgage lender to join The Mortgage Collaborative (TMC), the industry’s only independent mortgage lending cooperative dedicated to helping lenders improve execution, reduce costs, enhance expertise and meet compliance.

With the addition of Movement Mortgage, the Collaborative has surpassed $100 billion in originations.

Other lenders that have joined the cooperative since May include Intercontinental Capital Group (Jericho, N.Y.), Mortgage Services III (Bloomington, Ill.), Sistar Mortgage (Shelby Township, Mich.), and Movement Mortgage (Indian Land, S.C.).

“This is an extraordinary milestone for us,” says David G. Kittle, CMB, vice chairman of the Collaborative, in a release. “As we move into the second half of 2016 and towards our August Summer Conference in Denver, we’ll be exploring how TMC will leverage its growing production to help our members compete more effectively in the challenging lending environment.”

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