Austin-based mortgage industry management consulting firm, Transformational Mortgage Solutions  (TMS), today announced that it has brought on Michael Barrett as mortgage executive consultant. In this role, Barrett will apply his more than 17-years of mortgage business and product development expertise to helping TMS clients improve process efficiencies, execute digital mortgage transformation strategies and expand profit margins.
"In this tight market, many lenders need to evaluate their business model and back office processes with fresh eyes in order to make the kinds of informed and effective decisions that will keep their business viable," Barrett said. "I'm excited to join the stellar team at TMS, and contribute to their reputation as a firm that can cinch the belt on any lending operation by coaching for intentional, disciplined performance."
Before entering the field of mortgage management consulting, Barrett was SVP, retail direct platform at top-10 lender AmeriHome Mortgage Company, LLC., where he built their consumer direct lending channel in the Orange County, California market. He also served as VP, business development at Guaranteed Rate and director of product strategy at Discover Financial Services (NYSE: DFS). Barrett has earned Mortgage Bankers Association designations as an Accredited Mortgage Professional and a Certified Mortgage Banker.
"As the name Transformational Mortgage Solutions suggests, our mission is to transform the legacy processes and ways of thinking that are holding lenders back," said David Lykken, Founder and Chief Transformational Officer at TMS. "Michael's keen eye for process evaluation and business development strategy make him especially well-suited for a role at TMS. We look forward to working with him.”
Transformational Mortgage Solutions (TMS) is a management consulting firm providing advisory services to owners and executives of companies in the mortgage lending business. Their clients include banks, credit unions, and independent mortgage lenders, as well as companies providing financing, solutions, and services to mortgage lenders. TMS provides three main advisory services: consulting, coaching and communications.