Key appointment of industry leader to drive TMS Funding’s strategy, execution and nationwide expansion
MILFORD, CT – January 25, 2011 – (RealEstateRama) — Total Mortgage Services, LLC, a leading mortgage lender, announced today the hiring of Lisa Schreiber as the Company’s new head of its wholesale lending channel TMS Funding. In her new role, as Executive Vice President Wholesale Lending of TMS Funding, Ms. Schreiber will be responsible for defining and implementing the Company’s vision, strategy and day to day execution to build TMS Funding into a leading nationwide wholesale lender. Ms. Schreiber will report directly to John Walsh, President of Total Mortgage and be based in Milford, CT.
“The addition of a mortgage industry leader of Lisa’s experience, character and passion to our team clearly demonstrates our commitment to building a sustainable nationwide wholesale lending business,” commented John Walsh, President of Total Mortgage. “Lisa’s results-oriented management style and deep industry knowledge will be invaluable as she drives our national expansion and generates industry-leading service to the mortgage broker community as well as operational and financial efficiency at TMS Funding.”
Most recently, Ms. Schreiber was Chief Strategy Officer of NetMore America, an expanding mortgage bank, where she was responsible for defining and implementing the lender’s vision and strategy. Previously, she was Executive Vice President of American Brokers Conduit (ABC), where Ms. Schreiber led the vision and implementation of the platform that drove ABC to become the fastest growing, one of the most respected, and a top ten ranked wholesale mortgage lender. During Lisa’s tenure, ABC’s annual production grew to over $33 billion at the end of 2006 from just $1.9 billion in 2002. In addition, ABC enjoyed a 95% employee retention rate and delivered the industry’s #1 ranking in customer service according to an independent third party study. Prior to ABC, Ms. Schreiber was Regional Vice President at Bank of America Mortgage, where she grew the Southeast into a top tier region in volume, profitability and quality of performance.
“I am extremely excited about becoming part of the Total Mortgage team, a lender with an outstanding track record in responsible lending, forward-thinking and technology innovation” added Lisa Schreiber. “We believe mortgage brokers provide borrowers many benefits, which will help to ensure their continued relevance in the competitive mortgage industry. TMS Funding will focus on supporting high quality mortgage brokers by offering them consistently competitive pricing and providing the resources needed to operate more efficiently and deliver significant value to borrowers throughout the mortgage process.”
Ms. Schreiber has been recognized as a valued speaker within the mortgage industry, providing expertise through her writing and participation at industry events. In addition, Ms. Schreiber has applied her knowledge and energy to working with charitable organizations and completed the rehabilitation of a school in West Africa alongside Action Aid International and is an advisor to an NGO, The Grandmother Project.
About Total Mortgage Services, LLC
Total Mortgage Services, LLC, a provider of some of the lowest mortgage rates, is an industry-leading direct-to consumer and wholesale mortgage lender. The company has funded over $6 billion in mortgage loans since 1997. Total Mortgage was included in the Inc. Magazines’ list of America’s Fastest Growing companies in 2010 and holds Better Business Bureau “A” ranking since 1997. Licensed in 21 states, Total Mortgage offers a variety of products and programs including fixed-rate loans, adjustable-rate mortgage loans (ARMs), jumbo loans, FHA mortgages and more. In 2010, Total Mortgage launched its wholesale lending platform TMS Funding. Visit TotalMortgage.com for current mortgage rates, FHA mortgage rates, jumbo mortgage rates, ARM rates as well as other mortgage rates. For more information on Total Mortgage, please visit http://www.totalmortgage.com.
About TMS Funding
TMS Funding a wholesale lender, is an emerging leader in the wholesale mortgage industry, with a focus on developing long-term relationships with quality mortgage brokers, and is committed to offering industry leading customer service, technology, and competitively-priced products. The objective of TMS Funding is to enable its mortgage broker partners to better serve their customers and respond to individual client needs. For more information on TMS Funding, please visit http://www.tmsfunding.com.
Media Contact:
John Lovallo
Lovallo Communications Group
Telephone: 203-526-6371
Email: john.lovallo (at) lovallocommunications (dot) com
Or email Total Mortgage directly at press (at) totalmortgage (dot) com
