The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Awards

2019 HW Vanguard: Ben Miller

SimpleNexus President and Chief Operating Officer

Ben Miller joined SimpleNexus in 2014, the same year the company was founded, and was tasked with scaling the startup’s business. And that’s just what Miller has done during his time with the company.

In the last five years, SimpleNexus has risen from startup to become a leader in digital mortgage technology. To date, SimpleNexus has connected its 21,000 active loan originators with 1.1 million borrowers and 65,000 Realtor partners to produce nearly five million loans totaling over $100 billion in volume.

As chief operating officer, Miller runs the operations side of the company, with responsibilities ranging from setting up strategic partnerships to managing implementations.

In the last year alone, Miller has led SimpleNexus to add 60 clients to its roster, bringing the total number of enterprise lenders using SimpleNexus to 223, including 15 of the top 25 retail lenders in the U.S.

SimpleNexus also saw 102% revenue growth in the fiscal year 2018 and has seen 1,405% growth over the last three years.

And the company is not done growing. SimpleNexus continues to steadily increase the number of loan applications it processes each month to nearly 40,000 per month.

The company has also grown its employee base substantially, so much so that the company needed a new headquarters to accommodate its growth, and bolstered its senior leadership team with the appointments of three vice presidents to support the company’s expanding roster of mortgage lender clients: vice president of customer success, vice president of finance, and vice president of product.

What has been your secret to success?

“The people at SimpleNexus have been the secret to our success. Our people are real difference makers because they believe in a shared vision and they live our core values of being hungry, innovative, vibrant and empathetic.”

Most Popular Articles

Ex-loanDepot COO: Tony Hsieh cut corners to boost volume

The suit, filed by former COO Tammy Richards, accuses loanDepot CEO Anthony Hsieh of ordering the sales team to “trust [their] borrowers” and close loans, disregarding proper underwriting etiquette. 

Sep 23, 2021 By and

Latest Articles

UWM announces Bolt underwriting system for brokers

In a keynote session about the future of mortgage, UWM CEO Mat Ishbia previewed Bolt, an underwriting system that he said would enable brokers to underwrite a loan in 15 minutes or less, which will go live on Monday, Sept. 27.

Sep 25, 2021 By
3d rendering of a row of luxury townhouses along a street

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