Keep up to date with the Comergence news.
Keep up to date with the Comergence news.
Walker brings 15 years of senior level sales and marketing experience to provider of third-party vendor and risk-management platforms for the mortgage industry
Comergence has hired Chaeli K. Walker as its new marketing director to lead the effort on new product roll-outs and sales support objectives through multi-channel communications.
Prior to joining Comergence, Ms. Walker was director of sales and marketing at Amplify Media based in Long Beach, California, where she was responsible for the creation of the company’s advertising and partnership strategy. Before that, she spent nearly a decade as marketing manager at Tickets.com in Costa Mesa, California working closely with sports and entertainment venues to drive online ticket sales utilizing the latest technologies and strategic partners.
“Chaeli’s expertise in client services and marketing communications make her an ideal fit for Comergence,” said Greg Schroeder, president of Comergence. “Her enthusiasm and client-centric attitude will help fuel our continued growth.”
“I’m excited to join a company that offers such innovative products to the mortgage industry,” Walker said. “I look forward to working with the talented and outwardly passionate team at Comergence.”
Comergence is pleased to announce that MassHousing, a Housing Finance Agency (HFA), has selected the company’s exclusive platform for third-party originator (TPO) due diligence and compliance oversight.
MassHousing will use the Comergence platform, considered the industry’s most comprehensive, up to-date, and accurate third-party monitoring platform, to fully automate the agency’s third-party approval and oversight processes. The Comergence database houses 98 percent of all Nationwide Multistate Licensing System & Registry (NMLS) registrants and covers over 18,000 originating entities across the U.S.
Comergence will fully vet and qualify MassHousing’s new and existing third-party origination relationships. The Comergence platform eliminates manual errors, missed renewal dates and incomplete due diligence efforts.
MassHousing is not a direct originator of its home mortgage products and instead makes loans through 170 partner banks, mortgage lenders and credit unions across Massachusetts.
“We are excited to partner with MassHousing,” said Greg Schroeder, president of Comergence. “Our platform can assist housing authorities by providing a superior, cost efficient, compliant solution that allows agencies to focus on what’s important: bringing affordability and opportunity to underserved communities.”
MassHousing is one of many key correspondent lenders that use Comergence’s cutting edge technology. “MassHousing is regarded as an innovative industry leader in providing quality home mortgage products and our partnership with Comergence is going to help us improve the accuracy and speed of our lender approval and recertification processes,” said MassHousing Executive Director Timothy C. Sullivan.
The Comergence platform will integrate with MassHousing’s database of record, improving overall efficiency with its partner lenders. “Comergence has streamlined our workflow and document management with a paperless lender approval process,” said Susan Sheffer, MassHousing’s product development and lender approval manager. “Comergence will improve our efficiency and effectiveness by significantly reducing our lender approval turn times, so we can spend more time focused on approving high quality lenders.”
Comergence, a provider of third party originator and appraiser Safe Act compliance software systems, premiered the fifth generation of its platform today at the 2015 Mortgage Bankers Association (MBA) conference in San Diego.
Comergence provides a proprietary platform with comprehensive, up-to-date database of over 400,000 records on every licensed mortgage originator in the country. Comergence delivers a fast and efficient way for lenders to approve, monitor and manage their relationships with loan originators.
“Comergence is designed to help lenders comply with the Dodd-Frank Safe Act regulations more effectively and efficiently,” said Greg Schroeder, president of Comergence. “Toward that end, the enhancements to our platform increase the software’s efficiencies, and deliver brand new levels of flexibility. We’re particularly excited that our system can now be used with mobile tablets and smart phones.”
Some of the new key benefits of are:
“These new features and enhancements significantly increase the utility of our product,” said Schroeder. “As compliance demands increase and shift, lenders look to Comergence to keep them up to date and in compliance with regulations related to Safe Act Compliance. This upgrade enables us to exceed our clients’ expectations.”