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LenderLive Welcomes New Sales Executive

LenderLive announced recently that Larry Hudnall has joined the firm as SVP, national sales manager of the company’s Settlement Services division.He will be responsible for sales, sales management, and revenue growth for the company’s Settlement Services division.

Hudnall brings more than 20 years of mortgage industry experience to LenderLive. He spent much of his career with First American, holding a series of senior positions: executive vice president and national sales manager, Mortgage Information Services; executive vice president and national sales manager, TransContinental Title: and most recently senior vice president, national account director of Mortgage Services. During his tenure at First American, Hudnall successfully managed the company’s major accounts.

Prior to First American, Hudnall was account and product manager for Progressive Insurance’s Financial Services Industry sector. He began his career as a CPA for Ernst & Young after he earned his BBA in accounting and finance from Cleveland State University. Hudnall also served four years in the U.S. Army prior to commencing his professional career.

“Lender costs to process, underwrite, and close loans continue to rise. In addition, even the slightest error in the closing and settlement process can make a loan unsaleable or generate a complaint to regulators adding more risk and costs,” said Joe Mowery, president of LenderLive Settlement Services division.

"The situation will only become more challenging with the coming changes to RESPA/Truth in Lending Act rules. Adding experienced, senior-level mortgage industry veterans like Larry will ensure our solutions continue to help our clients successfully cope with the ever-evolving issues and transformation in our industry.”

About Author: Derek Templeton

Derek Templeton is an attorney based in Dallas, Texas. He practices in the areas of real estate, financial services, and general corporate transactional law. His experience includes time as an Attorney Adviser for the U.S. Small Business Administration and as General Counsel for a nonprofit organization in Dallas. A self-avowed "policy junkie," he has a keen interest in the effect that evolving federal policy has on the mortgage, default servicing, and greater housing industries.
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