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Founded in early 2008 to address challenges created by the growing housing crisis, our company is committed to providing innovative servicing solutions for both performing and non-performing mortgages. Until recently, the existing traditional mortgage servicers were adequately able to handle the mortgages under their care. The functioning premise of their servicing models was a high volume, low delinquency approach. However, in the last two years, due to many factors, residential mortgages have begun experiencing unprecedented levels of delinquency. As a direct result, many servicers quickly found themselves overwhelmed and unable to effectively manage the resulting complications. We conducted an exhaustive analysis of the existing mortgage servicing industry and gained valuable insight into the short-comings of current mortgage servicers. Realizing that even adapting an existing approach was wrought with immense challenges including legacy portfolio issues and unproductive corporate cultures, we decided to build a new model from the ground up, the focus of which would be to benefit both the homeowners and the lenders.
The Bankers Bank exists for one reason: to provide the highest quality of correspondent services to community banks. The unique ownership of 107 community banks with no majority shareholders gives us the ability to offer these services at a reasonable cost and oversee the high level of service in each area. With over $300 million in assets and 30 plus years in business, we are committed to meeting the needs of community banks and providing the products and services that matter most.
We are a close-knit, collaborative team of mortgage experts with decades of mortgage lending experience who continue working as crucial links in the homebuying process to this day. No matter where you`re currently at on your career path, we welcome you with open arms to set you up for success. We`ve been around the block a few times and we`re passionate about training a new generation of mortgage professionals to create the future of mortgage lending.
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