Lenders One Mortgage Cooperative
selected Clayton Staffing Solutions Group
, a subsidiary of Clayton Holdings
, as its preferred vendor for staffing services.
The cooperative is an alliance of more than 145 mortgage bankers and through the agreement, Clayton will provide contract underwriters of Federal Housing Administration (FHA) and conforming loans to Lenders One members for fulltime or temporary work, as well as support staff for closing, processing, quality control, default management and servicing jobs.
The temporary workers can report to the member office or work remotely from the firm’s 55,000 square-foot operation center in Tampa, Fla.
“In selecting a preferred outsourcing staff provider, we were looking for a partner that could immediately, as well as effectively, help our members cope with the changing demands of the marketplace,” said Luke Pille, Lenders One director of national programs.
“Clayton maintains a database of more than 10,000 vetted underwriters and processors, including a significant number of FHA underwriters. Its resources, expertise and the technology will help our members capitalize on the current market opportunities, and longer term will give them the option of converting their fixed labor costs to variable ones,” he added.
Write to Austin Kilgore