Functions of a Mortgage Bank
Each mortgage lender is a mortgage factory that is subject to a long list of regulatory requirements.
Every mortgage application that is approved, closed, and sold into the secondary market proceeded through a consistent operational throughput to achieve the end result of securitization as the mortgage note becomes part of a mortgage-backed security.
Dr. Schell and the MBS team created a resource to explain the basic operational functions of a mortgage lender.
For the PowerPoint, click HERE
Dr. Schell and his team at MBS offer services in the following areas:
Growth Strategy – Dr. Schell can help you plan and execute a growth strategy.
Executive coaching - Leadership is a learned skill. Dr. Schell can teach you to be an amazing leader, an effective manager, and an inspiring coach that can foster a vibrant culture.
Accounting & Technology Services – Dr. Andy Schell, CPA, leads the accounting services team to become your outsourced accounting department along with MBS’ CIO, Theresa Marie to support your IT infrastructure needs.
About: Dr. Andy Schell, DBA (Ph.D.), MSML, MBA, CPA/CFF, CMB Dr. Schell is CEO, Managing Partner, and Co-Founder of Mortgage Banking Solutions and MBS Financial Services ("MBS"), based in Austin, Texas. Dr. Schell is known for his ability to turn "vision into reality" and "chaos into order" as he finds creative solutions to the challenges his clients face addressing Revenue Stability, Technology Enhancement, Financial Management, and Workflow Efficiency. He has 4 decades of experience as a leader / manager / coach directing the activity of both small and large groups of employees including mortgage lending activity at Bank of America. His leadership knowledge extends from his hands-on experience and his academic training in his MBA, his master's degree in leadership, and his doctoral work to examine employee dynamics given leader stimulus.