ASPS - Lenders One Brings Together Its Members and Providers to Help Members Increase Profitability During Challenging Markets | Benzinga
LOS ANGELES, March 04, 2024 (GLOBE NEWSWIRE) -- Lenders One® Cooperative ("L1" or "Lenders One"), a national alliance of independent mortgage bankers, banks and credit unions, managed by a subsidiary of Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ:ASPS), welcomes members and providers to the L1 Summit, its annual conference at L.A. LIVE in Los Angeles, CA. During the three-day event, members will celebrate the strength of Lenders One and attend keynotes with industry leading speakers, participate in education sessions, and experience one-of-a-kind networking events.
Since its March 2023 Summit, L1 added 39 new members, enhanced its direct solutions, and added preferred vendors to support Lenders Ones 20+ year mission to help its members maximize revenue, reduce costs, and improve decision making. The addition of these members amid the challenging mortgage origination environment is a testament to the Lenders One team and offerings. Today, Lenders One offers its members a variety of direct, capital markets and national programs solutions, to help its members better compete.
Lenders One direct solutions include credit, flood, fraud, insurance, verifications, quality control, title and escrow, and valuations. More recently, Lenders One launched and refined some of its direct solutions to enhance the value proposition for its members:
- L1 Credit and Resellers. L1 Credit is a full credit reporting agency (CRA) that offers members tri-merge credit reports and other Fair Credit Reporting Act (FCRA) related products required to manufacture a loan, including fraud reports, undisclosed debt notifications (UDN), verification of employment/income (VOE/I), ...