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Lenders One Adds Member Relations Manager

""Lenders One Mortgage Cooperative"":http://www.lendersone.com, a national alliance of more than 150 independent mortgage bankers, announced Monday the addition of Mike McDermott as member relations manager.
[IMAGE] In his role, McDermott will foster and maintain preferred vendor and investor partnerships, as well as work with cooperative members to help them maximize the benefits available through Lenders One, the organization explained.

""The Lenders One team takes pride in our ability to work on an intimate level with every member as well as each preferred vendor and investor partner,"" said Scott Stern, CEO of Lenders One. ""This is especially important given the growth we have experienced in recent years. We see Mike's position as a way to further improve our communication and our membership experience to ensure success for everyone.""
[COLUMN_BREAK] McDermott has more than 13 years of varied mortgage industry experience, ranging from market and business development to project management and strategy execution.

Prior to joining Lenders One, he was regional VP and external wholesaler for Allianz Life Financial Services, where his responsibilities involved building relationships with executives and financial advisors to market and distribute fixed and variable annuity products.

McDermott also was an account executive at both Credit Suisse Financial Corporation and Aurora Loan Services, enabling him to network with mortgage companies in Missouri, Kansas, and Illinois through sales of wholesale products. Other experience includes positions in wholesale and secondary marketing at 1st National Bank of Arizona, and as AVP and secondary marketing supervisor at Matrix Financial Services.

In regards to his contribution to Lenders One, McDermott explained, ""Lenders One has emerged as a leader in providing independent mortgage bankers the tools they need to remain competitive and profitable. The cooperative also has earned the respect of industry vendors by creating a marketplace for business opportunities with small- to mid-sized lenders. I look forward to working in all facets of Lenders One and providing strategic guidance to enhance these relationships.""

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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