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First Preston HT Spotlighted for Innovation

Giants of Innovation

Nancy T. Richards and Lisa Barrentine

First Preston HT is honored to be included in Giants of Innovation, a publication released by HousingWire magazine on January 25 as part of the 2012 American Securitization Forum Conference.

First Preston HT, led by Founder and Chairman, Nancy Tartaglino Richards, and President, Lisa Barrentine, were recognized for their patented Lender Center™ platform, a cloud-based solution linking lenders to their loan servicer network and incorporating the unique property conveyance guidelines of each lender.  In use by 98 mortgage servicing institutions, the system has supported 3.8 million government-insured loans to date, streamlining the process for receiving and responding to servicer requests for approval of property preservation expenses.

Lender Center™ increases efficiency and quality by reducing the resubmission rate of requests on average by over 70% and significantly decreasing the response time for property preservation responses from ten to two days.

We create the solutions and services to help our clients achieve their goals. Lender Center™ delivers the efficiency, transparency, cost savings and auditable review that are essential in today’s business environment, according to Richards.

The Giants of Innovation publication is being distributed to mortgage servicers, lenders and investors.”  An online version will be made available at a later date. For more information contact HousingWire.

For additional information, please join us at FirstPrestonHT.com or on our Facebook and Twitter pages.