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Vericrest Relocates Corporate and Operational Center to Irving, Texas

Residential mortgage servicer ""Vericrest Financial, Inc."":http://www.vericrestfinancial.com, announced Thursday that it has relocated its Texas Center of Excellence from Dallas to Irving, Texas. Vericrest's Texas Center of Excellence houses the company's corporate functions, as well as asset management, business development, technology, and servicing operations.

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""We continue to move forward with our multi-year growth strategy while remaining focused on meeting and exceeding the needs of our customers,"" said David Schneider, Vericrest CEO.

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Schneider says since January, the company has hired 215 new employees across all three of its Centers for Excellence, in Oklahoma, Texas, and California. Eighty-two new staff members were added in Texas alone.

""[We] intend to expand our employee base further as we continue to grow,"" Schneider added. ""Our new offices provide us with a larger space to accommodate our current needs while also allowing for anticipated future growth.""

Vericrest's new Texas home is a 127,000-square-foot facility located at 3701 Regent Boulevard in Irving. Twenty-two employees were relocated from Vericrest's Oklahoma and California offices to work in the new facility.

Moving to a larger facility is part of Vericrest's plan to expand its mortgage servicing footprint. The company also recently announced several executive appointments, along with the formation of an advisory board made up of financial services veterans. These advisors provide insight and recommendations related to Vericrest's strategy, new business initiatives, and industry trends.

Vericrest currently employs over 600 professionals, and the company expects its future expansion plans to create potentially hundreds of new jobs.

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.
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