October 23, 2006
Lendia tapped for office support
By Jeff Lavery
Lendia Inc. in Marlboro has been selected by Global Equity Lending to provide back-office support for its residential mortgage origination business.
Lendia, a company designed to offer support at every level for companies that originate mortgages, will manage Suwanee, GA-based Global's loan operation functions. The company has doubled in size every year since its inception in 2003, and hopes to have one million recruits by the end of 2007 to be trained to originate loans. By using Lendia for office support, Global Equity will be able to ensure timely loan turnaround.
Global Equity also hopes the collaboration will bring about new opportunities in capital markets, and bring their origination volume to a higher percentage of closed loans.
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