The Mortgage Collaborative Expands Metrics-Driven Lender Collaboration Lab Initiative

SAN DIEGO, Calif., Oct. 17, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative, the nation’s only independent mortgage cooperative, recently announced details surrounding the continued expansion of their Collaboration Lab initiative.

The Mortgage Collaborative
Launched in the spring of 2017, TMC’s Collaboration Labs offer their Lender Members the opportunity to participate in day and a half long “deep-dive” networking sessions with peers of similar size and scope. Participating companies pre-submit a set of operating metrics and key performance indicators, from which agendas are crafted to address each lender’s business needs. TMC staff manage both the preparation and communication, as well as facilitating the Lab at the host lender’s office.

“I got more constructive and challenging thought content in one and a half days than in the last three industry conferences I’ve attended,” said Stan Foraker, EVP Mortgage Banking for First Commonwealth Bank and a May Lab attendee. “With more demands on my time than ever in my career, I value the TMC Collaboration Lab’s substance over style approach.”

Nineteen TMC Lender Members participated in four Collaboration Labs this past spring. TMC will conduct six Labs this fall hosted by Lender Members in Phoenix, Denver, Nashville, Atlanta, Kansas City and Pittsburgh comprised of 34 companies in total.

“At TMC, we work hard to cultivate an environment of openness and support among our members. The Labs have become a natural extension of the exchange of best practices and collaboration among our members that complements our biannual conferences,” said Rich Swerbinsky, TMC’s Chief Operating Officer. “They provide an intimate environment where similarly situated TMC Lender Members can share ideas and walk away with actionable initiatives that help their firms operate more efficiently and strategically.”

Lenders interested in participating in or hosting a Lab can find more information on the initiative at www.mortgagecollaborative.com or by contacting Rich Swerbinsky at rswerbinsky@mtgcoop.com.

The Mortgage Collaborative network is more than 119 lenders, with an aggregate annual origination volume of over $200 billion. The network caters to lenders of all sizes, with a strong mix of independent mortgage bankers, community banks and depositories.

About The Mortgage Collaborative:
Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance, as well as helping our members access the dynamic and changing consumer base in America.

The association is managed by its founding members, John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America.

For more information visit: www.mortgagecollaborative.com

News Source: The Mortgage Collaborative

To view the original post, visit: https://www.send2press.com/wire/the-mortgage-collaborative-expands-metrics-driven-lender-collaboration-lab-initiative/.

This press release was issued by Send2Press® Newswire on behalf of the news source, who is solely responsible for its accuracy. www.send2press.com.