EAGAN, Minn.--(BUSINESS WIRE)--Lenders One Mortgage Cooperative, a national alliance of community
mortgage bankers, correspondent lenders and suppliers of mortgage
products and services, announced today that it has chosen AllRegs, the
leading information provider for the mortgage industry, as its
continuing education provider. In a partnership earlier this year,
Lenders One named AllRegs a preferred compliance vendor.
AllRegs is an approved Nationwide Mortgage Licensing System & Registry
(NMLS) education provider (#1400024), and offers approved online courses
that meet 100 percent of the federal SAFE Act continuing education
requirements. AllRegs has dedicated staff working on approval in states
across the country to meet additional state SAFE Act continuing
education requirements.
“Lenders need to complete the SAFE Act continuing education courses to
fulfill their licensing needs,” said Scott Stern, CEO of Lenders One.
“It is our goal to offer members the approved training they need to meet
these requirements from a single source, all at no cost to them. We are
very excited about this new member benefit and fulfilling it through
AllRegs Academy.”
“AllRegs has been diligently working to become the top continuing
education provider for SAFE Act education in the country,” said Dan
Thoms, executive vice president for AllRegs. “Lenders One choosing us to
provide CE training to their members is a great milestone in AllRegs’
list of historical achievements. We are honored for the opportunity to
work with Lenders One’s membership and look forward to helping them meet
their licensing needs.”
To learn more about AllRegs and its SAFE Act continuing education
courses, visit www.allregs.com
or call (800) 848-4904.
About AllRegs
First introduced in 1989, AllRegs is used by virtually all of the top
100 lenders as well as throughout numerous governmental agencies,
including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae,
and more. AllRegs is a Mortgage Technology Magazine Top 50 Service
Provider for 2008, 2009 and 2010, winner of the 2009 Mortgage Technology
Synergy Award with partner Mortech, and the exclusive electronic
publisher of the Fannie Mae and Freddie Mac Single and Multi-Family
Seller/Servicer Guides, The Federal Home Loan Banks’ MPF Program
Guidelines, and CalPERS’ Member Home Loan Program Guidelines. Products
include single and multifamily underwriting & insuring guidelines as
well as federal compliance laws and regulations, state compliance laws
and regulations with plain-language analyses, contract publishing
services and a library of historical guidelines. The educational
division, AllRegs Academy, offers distance learning, classroom training
and practical guides. For more information, call (800) 848-4904 or go to www.allregs.com.
About Lenders One Mortgage Cooperative
Lenders One is a national alliance of mortgage bankers, correspondent
lenders and suppliers of mortgage products and services. The cooperative
was established in 2000 and is based in St. Louis. With more than 170
members originating $77 billion in mortgage loans for 2009, the Lenders
One alliance ranks as the third largest retail mortgage originator in
the U.S. Its mortgage productivity system additionally allows members to
close more loans, satisfy continuing education requirements and market
themselves more powerfully. Lenders One is a subsidiary of Altisource
Portfolio Solutions S.A. (NASDAQ:ASPS). For more information about
membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com.
About Altisource
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) is a provider of
services focused on high value, knowledge-based functions principally
related to real estate and mortgage portfolio management, asset recovery
and customer relationship management. Utilizing its integrated
technology that includes decision models and behavioral based scripting
engines, the company provides solutions that improve clients’
performance and maximize their returns. Additional information is
available at www.altisource.com.
