The Mortgage Collaborative expands engagement programs

The cooperative details expansions in its Benchmark, Collaboration Labs, and Working Group initiatives

The Mortgage Collaborative expands engagement programs

The Mortgage Collaborative (TMC) has announced that it added and expanded upon several of its member benefits and increased the size and scope of its engagement programs.

With expansions in its Benchmark, Collaboration Labs, and Working Group initiatives, the independent mortgage cooperative is offering more opportunities for its members to network and collaborate.

“We’re extremely pleased to have welcomed over 30 new lender members to the TMC network since the start of this year,” said Rich Swerbinsky, COO of the cooperative. “Learning from one another has never been more important to mortgage lenders, and the expansion of our engagement programs provide our members an opportune way to do that.”

TMC released its newly enhanced TMC Benchmark platform earlier this year. By collecting 45 metrics, the free monthly dashboard report displays member data alongside a summary comparison for other members in the network.

TMC also said that its Collaboration Labs have continued to expand since the spring of 2017. More than 40% of TMC lender members have participated in the “deep-dive” networking sessions thus far in 2018. More discussions are planned in the fourth quarter.

Through TMC’s Working Groups, members meet via regular conference calls and at industry events to connect and collaborate on the important issues facing the mortgage industry. TMC’s initiative currently includes a CRA Working Group, Women’s Networking Group, Servicing Professionals Working Group, and Marketing Working Group, with plans for a Capital Markets Working Group to start later in 2018.

“Our member engagement programs are designed to address the needs of our members,” said Jim Park, CEO of The Mortgage Collaborative. “Many are a direct result of conversations we’ve had with our members. It’s their needs that drive our strategy and the growth of these programs is a testament to TMC’s commitment to serve them.”

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