September 19, 2021

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Eltropy & The Mortgage Collaborative Partner to Bring Texting to the Mortgage Industry | National Business

MILPITAS, Calif .– (BUSINESS WIRE) – Aug. September 2021–

The Mortgage Collaborative, the country’s largest independent mortgage cooperative, announced the addition of Eltropy, an award-winning, compliant, and secure digital communications platform for financial institutions, to bring text messaging to the mortgage industry.

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“We are proud to announce the addition of Eltropy to The Mortgage Collaborative and our Preferred Partner Network,” said Rich Swerbinsky, President and Chief Operating Officer of The Mortgage Collaborative. “Eltropy enables lenders and borrowers to comply with direct text messaging that makes it easy for today’s digital consumers to have a superior credit process.”

“We are honored to partner with The Mortgage Collaborative and make Eltropy available to their lending members,” added Ashish Garg, CEO and Founder of Eltropy. “We look forward to the future of our collaboration and the kick-off at The Mortgage Collaborative’s summer conference in Rancho Palos Verdes later this month.”

The Mortgage Collaborative network includes more than 240 lenders with a total annual volume of over $ 500 billion. The lender network is supported by a preferred partner network of organizations specializing in every facet of the mortgage life cycle. The association is rewriting the cooperative model playbook and its network caters to lenders of all sizes with a strong mix of independent mortgage brokers and community banks and custodians.

“Since we heard about The Mortgage Collaborative a few years ago, the association has quickly become the leading collaborative association in the industry,” said Danny Wallentine, Senior Director of Sales, Mortgage Loans at Eltropy. “I’m really excited about our teams working together and can’t wait to help other lenders see the power Eltropy can bring to their teams and borrowers.”

Eltropy was named the best SMS solution for credit unions by CUNA Strategic Services in 2019 and currently serves over 200 financial institutions of all asset sizes nationwide. Eltropy is designed to meet the needs of the entire financial institution and is used by marketing, collections, credit, call center, branch, HR and payments teams with a longstanding commitment to providing the best service to their customers.

About Eltropy

Eltropy enables financial institutions to get involved digitally in a secure and legally compliant manner. With our world-class digital communication platform, lenders, credit unions, banks, debt collection agencies, insurance companies and FinTechs can improve operations, engagement and productivity. Eltropy also integrates with core platforms like Ellie Mae Encompass and uses analytics to provide insight into engagement. You can find more information about Eltropy at eltropy.com.

Via The Mortgage Collaborative

The Mortgage Collaborative, based in San Diego, was founded in 2013 to provide mortgage lenders across the country with better financial processing, reduced costs, expanded expertise, and improved compliance, and to facilitate its members’ access to America’s dynamic and changing consumer base. The club is run by its founding members: John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); and Jim Park, past chairman of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former Chairmen of the Mortgage Bankers Association of America (MBA). For more information, visit MortgageCollaborative.com.

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CONTACT: Brittany Farb Gruber

[email protected]

408-461-5402

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY MOBILE / WIRELESS RESIDENTIAL CONSTRUCTION & REAL ESTATE & REAL ESTATE

SOURCE: Eltropy

Copyright Business Wire 2021.

PUB: 09.09.2021 13:03 / DISC: 09.09.2021 13:03

http://www.businesswire.com/news/home/20210909005904/en

Copyright Business Wire 2021.