The Mortgage Collaborative, the nation’s largest independent mortgage cooperative, announced the addition of Eltropy, an award-winning compliant and secure digital communications platform for Financial Institutions, to bring Text Messaging to the mortgage industry.

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“I am so excited for our teams to be working together and can’t wait to help other lenders see the power that Eltropy can provide their teams and borrowers.”

“We are proud to announce the addition of Eltropy to The Mortgage Collaborative and our Preferred Partner Network,” said Rich Swerbinsky, president and chief operating officer at The Mortgage Collaborative. “Eltropy empowers lenders and borrowers with compliant direct Text Messaging that help facilitate a superior lending process for today’s digital consumers.”

“We are honored to be partnering with The Mortgage Collaborative and to make Eltropy available to their lender members,” added Ashish Garg, CEO and Founder of Eltropy. “We look forward to the future of our collaboration as well as kicking it off at The Mortgage Collaborative’s Summer Conference in Rancho Palos Verdes later this month.”

The Mortgage Collaborative network is more than 240 lenders strong, with an aggregate annual origination volume of over $500 billion. The lender network is supported by a preferred partner network of organizations that specialize within each facet of the mortgage life cycle. The association is rewriting the playbook on the cooperative model and their network caters to lenders of all sizes, with a strong mix of independent mortgage brokers and community banks and depositories.

“Since learning of The Mortgage Collaborative a few years back, the association has quickly become the premier collaborative association in the industry,” said Danny Wallentine, senior director of sales for mortgage lending at Eltropy. “I am so excited for our teams to be working together and can’t wait to help other lenders see the power that Eltropy can provide their teams and borrowers.”

Named the Best Text Messaging Solution for Credit Unions by CUNA Strategic Services in 2019, Eltropy currently serves over 200 Financial Institutions of all asset sizes nationwide. Designed to meet the demands of the entire Financial Institution, Eltropy is used by marketing, collections, lending, call center, in-branch, HR and payment teams with a longstanding commitment to providing the best service to its customers.

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