SAN DIEGO, Calif., Dec 12, 2017 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, the nation's only independent mortgage cooperative, today announced the addition of United Capital Markets, Inc. (UCM), the mortgage industry's leading outsource provider of dynamic MSR hedging. UCM will provide TMC Lender Members strategic advice to bank-owned and private mortgage companies focusing on MSR investment strategies, balance sheet optimization and the capital stack.
"Having Austin and UCM agree to join our quality group of Preferred Partners caps an extraordinary year for the Collaborative," said David G. Kittle, TMC Vice Chairman. "Offering our lender members real opportunities to increase their margins and protect against balance sheet volatility is why TMC will continue to achieve exceptional growth in 2018!"
"We are thrilled to join The Mortgage Collaborative and share our expertise with the members," said Austin Tilghman, CEO. "Most importantly, we are looking forward to getting to know each member company, learning about their unique challenges and offering innovative solutions designed to deliver a quantifiable difference."
The Mortgage Collaborative network is more than 120 lenders strong, with an aggregate annual origination volume of over $200 billion. The lender network is supported by a preferred partner network of organizations that specialize within each facet of the mortgage life cycle. The Mortgage Collaborative is rewriting the playbook on the cooperative model and their network caters to lenders of all sizes, with a strong mix of independent mortgage brokers and community banks and depositories.
About The Mortgage Collaborative:
Based in San Diego, The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise, improved compliance, and to help its 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); and 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 (MBA).
For more information, visit: http://www.mortgagecollaborative.com/.
About United Capital Markets, Inc.:
United Capital Markets, Inc. (UCM) is the leading outsource provider for innovative risk management services primarily focusing on hedging mortgage servicing rights (MSRs). As a trusted advisor, UCM has deep experience with mortgage origination and servicing operations, mortgage banking accounting, regulatory examinations, capital formation and, of course, hedging MSRs. For hedge clients, UCM serves as a trusted advisor, rather than a counter-party, managing hedge instruments that typically generate income while minimizing volatility.
For more information, visit: https://ucm-inc.com.
News Source: The Mortgage Collaborative
Related link: http://www.mortgagecollaborative.com/
This press release was issued on behalf of the news source, who is solely responsible for its accuracy, by Send2Press Newswire.
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