Altisource Portfolio Solutions (Altisource [1]), a provider of services and technologies to the mortgage and real estate industries has announced the appointment of Justin Vedder as COO of its Originations Solutions business.
According to a statement by Altisource, in his new role, Vedder will be responsible for the growth of Altisource’s Origination Solutions business which brings together the integrated and consultative products, services and solutions needed by mortgage market participants of all sizes throughout the loan origination and secondary market execution process. Altisource’s Origination Solutions Platform includes Trelix Mortgage Fulfillment Services, CastleLine Insurance Services, the Lenders One cooperative, Granite Risk Management, Mortgage Builder Loan Origination System, Springhouse Valuations, and Premium Title and Settlement Services.
Previously, Vedder served as VP of National Sales, Origination Solutions where he was instrumental in growing the company's Origination Solutions customer base and driving long-term strategic client relationships.
Prior to joining Altisource, he was the EVP at CastleLine where he assisted in the development and launch of the Certified Loan Program. Vedder is a renowned thought leader and has spoken nationally on various topics including mortgage fraud, loan production and defects, repurchase management, auditing of lenders, insurance, and various other mortgage banking-related matters. Vedder’s appointment follows the departure of Bryan Binder and Jason Garmise, who joined Altisource in 2015 through the acquisition of CastleLine. "Binder and Garmise will be leaving the company to pursue a new business venture," the company said.
“With over 17 years of sales and management experience in the mortgage and insurance industries, Justin has a proven track record of driving business development, innovating new solutions for large and sophisticated clients, and exceeding revenue targets,” said William Shepro, CEO of Altisource. “Justin’s business acumen, combined with his indispensable role in shaping the way customers leverage Altisource’s extensive offerings by utilizing the ‘One Altisource’ model, are great indicators of the potential growth he can help deliver while leading the Origination Solutions initiative. I also want to thank Bryan and Jason and wish them the best of luck in their next endeavor. Their significant contributions leave us extremely well positioned to continue our positive momentum forward.”