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Comergence® Names Don Scales National Business Development Manager

Comergence, a leading provider of compliance and business solutions for the real estate industry, has recently added Don Scales to the business development team. Mr. Scales brings over 11 years of mortgage industry experience and 25 years as a sales professional. He will be responsible for the education and acquisition of mortgage lenders and originators nationwide on new and existing services and solutions including; Comergence Concierge™, Appraiser Panel Manager Plus® and Social Media Audits and Monitoring.

Prior to joining Comergence, Mr. Scales was the Account Executive in Business Development, Compliance Services with Ellie Mae responsible for the solicitation and onboarding of their standalone Mavent Compliance service.  Before that he spent the better part of a decade as Director of Sales, Compliance and Third Party Services at First American/Interthinx.

Don’s background in technology sales and a deep understanding of data based solutions will allow him to articulate the usability of the plethora of solutions that Comergence now offers,” said Greg Schroeder, President of Comergence.  “His enthusiasm and quest to evolve the client experience will help fuel our continued growth.

Specialty Lender FundLoans.com Selects Comergence® for Wholesale Originator Oversight

Comergence is happy to announce they have been chosen by FundLoans.com to implement a secure and streamlined solution to manage their newly created Wholesale channel for third-party originator oversight.

FundLoans.com has existing operations servicing Florida and the Western United States and is solely focused on Jumbo non-QM loans.  Using the platform to approve partners will ensure they do business with originators that need their unique jumbo product, and are accustomed to using the Comergence technology.

By choosing Comergence, FundLoans.com will be able to standardize their recruitment process while having the added regulation benefits that the Comergence platform offers.

Jon Maddux, FundLoans.com’s Chief Executive Officer said, “Service is a critical part of our business philosophy and with expertise in specialized funding we need to have a process in place that can quickly get our brokers approved.  Giving them the ability to apply using the Comergence gold standard, falls in line with our service requirements.

Comergence President, Greg Schroeder stated, “We’re pleased that we can assist FundLoans.com with their Wholesale channel efforts and regard them as key players in a niche funding market.”  Schroeder continued, “The partnership will be a win for both the FundLoans.com team and all originators registered with Comergence who can utilize their specific product offerings.

Comergence® Signs Indiana Based Sagamore Home Mortgage

Comergence, the award winning risk management firm specializing in mortgage originator due diligence and surveillance, proudly announces and welcomes its newest client Sagamore Home Mortgage.  The new partnership will facilitate Sagamore’s wholesale channel for third party originator due diligence and oversight.

Sagamore’s retail business currently services markets across the Eastern, Southern and Midwest United States with immediate plans to expand by supplementing their retail operations with a new wholesale channel. By choosing Comergence, Sagamore can concentrate on their broker recruitment strategies guided by powerful data intelligence accessible in the platform including; accurate license data and loan production volumes.

Mark Maloney, Sagamore’s Executive Vice President of Production said “With a strong retail presence already in play, we felt opening a wholesale division would support our expansion goals in existing markets.  Maloney continued, “Using the Comergence technology will enable a quick ramp up time as we seek to gain a strong broker partner base.”

Comergence President, Greg Schroeder stated, “Given Sagamore’s acumen on the retail side of the business, adopting our system will help them achieve the same level of service when establishing their client base with absolute assurance that their compliance expectations will be met.” said Greg Schroeder, President, Comergence.

Equally important to the Sagamore wholesale team was that Comergence already has 98% of third party originators  registered as system users, making the application process with Sagamore a familiar one.