MortgagePeople Movers

Altisource adds two senior executives in origination solutions

Will manage and oversee sales

Altisource Portfolio Solutions recently appointed two mortgage industry executives to senior positions. Michael Kuentz was named vice president of national sales at Lenders One and Justin Vedder was promoted to vice president of national sales for Altisource Origination Solutions.

Lenders One Mortgage Cooperative is a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services. Kuentz (pictured left) will be responsible for managing the Lenders One sales effort and implementing new initiatives for the benefit of members. People Movers

With 18 years of sales and management experience in the mortgage industry, Kuentz recently served as senior vice president of verification services for Equifax. Prior to that he held the role of senior vice president of mortgage services. Kuentz joined Equifax in 2001 as part of Equifax's acquisition of Rapid Reporting, where he was a partner. 

As vice president of nation sales for origination solutions, Vedder (pictured below)  will oversee all sales and client service functions across the business unit at Altisource Origination Solutions.Vedder1

With more than 15 years of sales and management experience in the mortgage and insurance industries, Vedder joined Altisource in July 2015 through the acquisition of CastleLine, where he served as the executive vice president of CastleLine Risk and Insurance Services. Prior to joining CastleLine, he was an area senior vice president at Arthur J. Gallagher and held various positions throughout the mortgage industry.

"Michael brings a deep expertise in sales, marketing and strategy and is extremely well regarded throughout the mortgage industry. In addition, Michael has strong relationships with many of the Lenders One members, preferred vendors and investors," said Bryan Binder, a leader of Altisource's Origination Solutions business unit, which includes Lenders One.

"In addition, this is a well-earned promotion for Justin. Jason and I have worked closely with Justin for more than three years and have the utmost confidence in his sales, management and strategic capabilities. These management additions demonstrate our continued investment in the origination solutions leadership team, and we believe that both will have an immediate impact on our clients," added Binder. 

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