Mortgage Connect LP Announces Expansion of Default Division

PITTSBURGH, Jan. 30, 2018 /PRNewswire/ -- Mortgage Connect LP, a national mortgage service provider for the nation's largest financial institutions, investors and servicers, announces expansion of its default division through geographic expansion of key operational centers, product diversification, and hiring of industry top default leaders.  The Company, which was listed as one of America's entrepreneurial growth leaders by INC. 5000's list of the nation's fastest-growing private companies in 2017, will continue to invest in the Default Sector to be equipped for any market shifts and client demand. 

"Our portfolio of comprehensive mortgage solutions now encompasses end-to-end services across the default continuum, including nationwide pre-foreclosure title support, trustee sale guarantee, loss mitigation title services, REO and default title and closing services.  Diversifying into these markets, coupled with the addition of a leadership team of highly seasoned industry veterans, will strengthen our ability to provide end-to-end solutions. We are proactive in preparing for market shifts to ensure we continue to provide the optimum consumer experience and first-in-class service, and to continue innovation across the mortgage spectrum," stated Jeff Coury, CEO of Mortgage Connect. 

In addition to product diversification, the company has extended its geographic foothold and licensing expansion into Alabama, Arizona, California, Nevada and Washington, which will enable Mortgage Connect to service directly the majority of its origination and default business, while delivering specialized market expertise and a local presence.   

In order to execute on this expansion effort, Mortgage Connect has retained several key industry experts.  Jay Anderson, who joined the company in September 2017, serves as Senior Vice President of Loss Mitigation Title Services within the Default Services Division.  Mr. Anderson has nearly twenty years' experience in managing and driving key initiatives within the loss mitigation and default services segments, most recently with a large nationwide title insurance company.

Alan Chang, Vice President of Default Services, who also joined the company in 2017, oversees Pre-Foreclosure Title and Trustee Sale Guarantee Services.  Mr. Chang's expertise within the title insurance industry is paralleled by a keen focus on creating a superior client experience through optimal workflows and technology.

Sheri Yoho, Executive Vice President of Operations at Mortgage Connect, has successfully built the Origination Title Close operations, driving the company's leading performance and growth in the market since joining the company in 2013. Ms. Yoho has previously built a centralized REO Title and Closing Operations team and managed overall REO customer satisfaction, which she will now oversee for the company's REO Title & Close Division.

"We look forward to offering a true end-to-end default title process to serve the needs of lenders and servicers with a streamlined solution that improves efficiency and reduces costs," added Mr. Coury.

About Mortgage Connect LP

Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, and Capital Markets sectors.  With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation's largest lenders and servicers, including 3 of the top 5 and 15 of the top 20.  Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with their clients and consumers.  For more information, visit www.mortgageconnectlp.com.

SOURCE Mortgage Connect LP

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