
Core Insights - Lenders One Cooperative is celebrating its 25th anniversary at the annual summit in Cancun, Mexico, highlighting its commitment to supporting independent mortgage bankers, banks, and credit unions [1][5] - Since March 2024, Lenders One has added 39 new members and enhanced its service offerings to help members increase profitability and improve decision-making [2][5] - The cooperative's members collectively originated approximately $372 billion in mortgages during 2023, making it the largest retail mortgage entity in the U.S. [6] Membership and Growth - The addition of 39 new members reflects the value proposition of Lenders One amid a challenging mortgage origination environment [2] - The cooperative continues to focus on maximizing revenue, reducing costs, and sharing best practices among its members [6] Service Offerings - Lenders One provides a variety of direct solutions, including credit, flood, fraud, insurance, verifications, fulfillment services, quality control, title and escrow, valuations, and vendor management [3] - Recent enhancements to direct solutions include: - ScoreNavigator® for detailed credit health analysis [4] - L1 Verification of Assets powered by FinLocker® for asset and payroll verification [4] - L1 Flood for flood zone determinations, now powered by ServiceLink® [4] - L1 Insurance for competitive homeowner insurance quotes [4] - Blend and Blue Sage for digital origination and lending platforms [4] Capital Markets and National Programs - Lenders One has expanded its Capital Markets and National Programs offerings, adding 8 new Preferred Providers to support various facets of the mortgage business [4] - The cooperative's suite of services aims to enhance competitiveness and profitability for its members [3][4]