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Top Lenders, Servicers in the Industry


MReport released its second annual list of the Top 25 Companies in Mortgage and Servicing. The lenders/services honored were Angel Oak Mortgage Solutions, Colonial Savings, F.A., Flagstar Bank, Gateway First Bank, Homeowners Financial Group, Mid America Mortgage, Inc., and Mr. Cooper Group. 

“We are honored to be recognized by MReport for the second year in a row as one of the Top 25 companies to work for in our industry,” said Kelly Ann Doherty, Chief People & Communications Officer, Mr. Cooper Group Inc. “Our team members are a top priority for Mr. Cooper Group, and it’s a joy to see them excited about the benefits and programs we’ve rolled out to give them a better experience.”

Mr. Cooper Group was founded in 1994, employs 9,000 people, and has offices in Irvine, California; Chandler, Arizona; and Lewisville, Texas. The company's headquarters are in Dallas. 

Of those employed by Mr. Cooper Group, 53% are women, and 50% are minorities. 

Angel Oak Mortgage Solutions was named one of the Atlanta Journal Constitution’s Top Workplaces for 2019—the fifth-consecutive year it was honored by the publication. Angel Oak was named to the Association for Corporate Growth’s 2019 Fast 40, the recipient of the Atlanta Business Chronicle’s Pacesetter Award, and the Scotsman Guide’s Top Mortgage Lender. 

“It means a lot to us to be recognized by MReport as a Top 25 company in mortgage and servicing. We know the value of relationships and positive work culture,” said Tom Hutchens, EVP, Production, Angel Oak Mortgage Solutions. “The investment we make in our people, technology, and tools to make their jobs easier is apparent in how our clients view our company. Our strength and leadership in the industry are due to our commitment to that priority. This acknowledgment stems from nominations from our own team of people, and it doesn’t get any better than that.”

Colonial Savings, F.A., employes 615 employees and 68.6% are females. The Better Business Bureau gave the company an A+ rating. 

“At Colonial, we understand that the best way to ensure we are taking great care of our customers, is to start from within,” said David Motley, President of Colonial. “It’s important to us that we listen carefully to our employees and provide them with everything needed to succeed and develop, both personally and professionally. We are truly honored to receive this distinction.”

Flagstar Bank was named a Fannie Mae Star Servicer from 2016-2018, honored as one of Metro Detroit’s Best and Brightest Companies to work for for the third consecutive year, the recipient of the Mortgage Bankers Association Diversity and Inclusion Residential Leadership Award for Organizational Diversity in 2017, and received the 2019 Diversity and Inclusion award from the Bank Insurance & Securities Association. 

“Flagstar has a great history in mortgage lending, but this recognition by MReport tells the rest of the story—Flagstar is also a great place to work,” Kristy Fercho, President of Mortgage, Flagstar Bank. “We are so pleased to be acknowledged for the other side of Flagstar—our employee benefits, our industry accolades, our workplace honors, and of course, our investments in our communities.”

Gateway First Bank has offices in Dallas and Jenks, Oklahoma, and has $1.2 billion in assets. Homeowners Financial Group came in at No. 9 in Fortune Magazine’s 2017 Best Small/Medium Workplaces, No. 2 in 2018’s Fortune Magazine’s ranking, and one of Inc. 5000’s Fastest-Growing Private Companies.

"Our employees are the most valuable asset on our balance sheet. We are honored to be recognized as a top company by the prestigious MReport as it shows we are maintaining our commitment to our employees and community," said Bill Rogers, President & CEO, Homeowners Financial Group. "Even in a changing market, our core company values, focus on technology and relationships, and commitment to service are unwavering.”

“Gateway First Bank has a remarkable culture because we have terrific people.  Our values center on teamwork, on-time execution, and making a difference for our customers.  In the last year, we have undergone a transformation to a bank, resulting in tremendous growth for the organization.  All of these factors have served to expand our passion for strengthening families through homeownership to include their entire financial health.”  Stephen Curry, Chairman, CEO, Gateway First Bank

Mid America Mortgage, Inc., employs 1,940 and has offices in Addison, Texas; Lisle, Illinois; Sioux Falls, South Dakota; and Magnolia, Texas. Of its employees, 60% are minorities. 

You can read the full profiles of MReport's Top 25 Companies in Mortgage and Servicing in the November edition of MReport—available online here.

About Author: Mike Albanese

A graduate of the University of Alabama, Mike Albanese has worked for news publications since 2011 in Texas and Colorado. He has built a portfolio of more than 1,000 articles, covering city government, police and crime, business, sports, and is experienced in crafting engaging features and enterprise pieces. He spent time as the sports editor for the "Pilot Point Post-Signal," and has covered the DFW Metroplex for several years. He has also assisted with sports coverage and editing duties with the "Dallas Morning News" and "Denton Record-Chronicle" over the past several years.

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