Written By Candyd Mendoza Third-party loan processor outpaces industry average
Motto Mortgage has tapped Chris Erickson (pictured) to serve as vice president of product and strategy for its brokerage franchise brand and its third-party mortgage processing platform, wemlo.
Erickson’s main responsibilities include leading product management and technology advancement, as well as overseeing the training department and support teams for Motto Mortgage and wemlo. According to a release, the executive’s primary focus for the Motto Mortgage brand is to “ensure the product ecosystem for franchisees is streamlined.”
“He will also work to introduce new technology to the mortgage broker network that will allow franchisees to build and scale their businesses more effectively,” the company said in a statement. “For wemlo, Erickson will focus on enhancing the existing loan processing platform to improve user experience and continue building unique and innovative technology solutions for the mortgage brokerage channel.”
Erickson, who has almost 20 years of industry experience, joined Motto from Guaranteed Rate, where he served as vice president of product management. Before Guaranteed Rate, he held various leadership positions at CoreLogic, Nationstar Mortgage, CitiBank, Mr. Cooper, Caliber Funding, and Primary Residential Mortgage
Commenting on the appointment, company president and CEO Ward Morrison said: “We are thrilled to welcome Chris to the team to help propel the growth of these young, thriving brands. His extensive industry experience has allowed him to learn the challenges originators and consumers face in the home buying experience, and he will work to develop solutions that improve and streamline the process for our franchisees and customers.”
“I’ve always prided myself on being a leader who turns ideas into action, leveraging my refined skill set to take a concept from ideation to go-to-market in the most effective way,” said Erickson. “I am excited to join the Motto and wemlo teams during this time of rapid growth and am honored to be leading the charge in the development of an origination platform that is poised to disrupt the mortgage industry.”
