PRESS RELEASE:

The Mortgage Collaborative Names New Board Members to Cooperative and Management Company

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SAN DIEGO, Calif., Aug. 20, 2015 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative, an independent lending cooperative serving small- to mid-sized mortgage lenders and community-based lending institutions, has implemented several changes to the Board of Directors of the Cooperative as well as the Board of Directors of the Management Company, announced the Collaborative's Chairman, John Robbins, CMB.

"We are honored to have these exceptional industry leaders join us in our endeavor to continue building value for our Members and Vendor Partners. Leadership is key in these challenging times for mortgage lending," said Robbins. "The collective knowledge and experience of this team is second to none and will lead The Mortgage Collaborative on a path to success for all."

Board of Directors of The Mortgage Collaborative Cooperative:

Jamie Korus, CMB, President of Alliance Financial Resources and Jason Madiedo, President and CEO of Alterra Home Loans are joining the Board of Directors of the Cooperative. These new Board Members join an outstanding lineup of industry leaders, and will work collectively to build on the value provided the members.

Board of Directors:
* John Robbins, CMB, Chairman of the Board
* David Kittle, CMB, Vice Chairman of the Board, SVP Federal Solutions, First American Mortgage Solutions
* Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP)
* Jim Park, CEO of The Mortgage Collaborative
* Jamie Korus, CMB, President of Alliance Financial Resources
* Regina Lowrie, CMB, President and CEO of RML Advisors
* Jason Madiedo, President and CEO of Alterra Home Loans
* Debra Still, CMB, President and CEO of Pulte Financial Services.

Board of Directors of the Management Company of The Mortgage Collaborative:

Arthur Prieston, CMB, Chairman of The Prieston Group will join the Board of Directors of the Management Company.

"In our current demanding environment having thought leaders on our Management Company Board is crucial. Arthur Prieston has an exceptional track record on loan quality and best-in-class product development," said Board Vice Chair David Kittle, CMB.

Existing Cooperative Board members Phil Bracken, CMB, Chief Policy Officer of Radian David Leichtfuss, and Susan Meitner, have resigned their positions on the Board of Directors of the Cooperative and will join the Board of Directors of the Management Company. Arthur Prieston, CMB will also join the Board of Directors of the Management Company.

Management Company Board of Directors members:
* John Robbins, CMB, Chairman of the Board
* David Kittle, CMB, Vice Chairman of the Board, SVP Federal Solutions, First American Mortgage Solutions
* Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP)
* Jim Park, CEO of The Mortgage Collaborative
* Phil Bracken, CMB, Chief Policy Officer, Radian
* David Leichtfuss, President of Broadview Mortgage
* Susan Meitner, CMB, President and CEO of Centennial Lending, LLC
* Arthur Prieston, CMB, Chairman of The Prieston Group.

About The Mortgage Collaborative:

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 to empower mortgage lenders across the country with better financial execution, reduced costs, enhanced expertise and improved compliance, as well as helping our members access the dynamic and changing consumer base in America. The association is managed by its founding members, John Robbins, CMB; David Kittle, CMB; Gary Acosta, CEO of the National Association of Hispanic Real Estate Professionals (NAHREP); Jim Park, former chair of the Asian Real Estate Association of America (AREAA). Robbins and Kittle are former chairmen of the Mortgage Bankers Association of America.

For more information visit: http://www.mortgagecollaborative.com/.

Twitter: @MtgCoop

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REFERENCES: mortgage lenders, community-based lending, John Robbins, community-based lending institutions, news, press release from The Mortgage Collaborative, Aug 20, 2015, Banking and Finance, Business, Management Changes, San Diego, California, The Mortgage Collaborative Names New Board Members to Cooperative and Management Company