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Anna Benz joins Movement Mortgage to lead non-agency lending


INDIAN LAND, SC — Motion Mortgage, a nationwide high 10 retail mortgage lender, is worked up to announce Anna Benz has joined the corporate to guide its non-agency lending, representing a major funding in Motion’s jumbo product line growth.

Senior VP of Non-Company Lending, Anna Benz

As senior vice-president of non-agency lending, Benz will lead Motion’s non-agency lending, together with product growth, credit score coverage, underwriting and gross sales assist. She brings greater than 25 years of mortgage and actual property expertise to the function. Most lately, she served as a senior vice-president at New American Funding, the place she constructed a non-agency lending division originating greater than $1.3 billion yearly.

“We’re so lucky to have Anna be part of Motion Mortgage. She is an absolute game-changer for us,” says Jason Stenger, Motion’s SVP, Nationwide Director of Operations. “She has an unbelievable popularity identified throughout our {industry} as a frontrunner within the jumbo and non-agency house who executes and delivers on the highest stage. Buyers, mortgage officers, actual property brokers and debtors can anticipate Motion’s non-agency platform to proceed to develop into extra aggressive as Anna builds and develops our non-agency division right here at Motion to be industry-leading.”

Motion’s hiring of Benz represents the most recent in a collection of main investments in its jumbo product line. Most lately, Motion launched its proprietary Motion Jumbo Most popular Specific product to raised meet the wants of the rising market Motion serves. The Most popular Specific product can be utilized for each major and secondary houses and options mortgage limits as much as $3 million with a 660 minimal credit score rating, 45% debt-to-income,  90% loan-to-value, and different aggressive tips.

Motion is on tempo to fund over $2 billion in jumbo and non-agency mortgages in 2021, a brand new firm file. 

“I’m extremely excited to hitch the Motion’s crew and assist add to the momentum already in place with our jumbo and non-agency lending,” Benz says. “Motion’s development, modern operations course of and firm tradition have already attracted a few of the high originators and leaders in our {industry}. I’m wanting ahead to working alongside them.” 

Anna can be based mostly in Tennessee the place she enjoys spending time with household, wakeboarding, snow snowboarding, and volunteering in her group.

About Motion Mortgage 

Motion Mortgage exists to like and worth individuals by main a Motion of Change in its {industry}, company tradition and communities. Funding roughly $30 billion in residential mortgages yearly, Motion is the sixth-largest retail mortgage lender within the U.S. Motion is greatest identified for its modern mortgage course of and referable expertise, which begins with Upfront Underwriting and a seven-day mortgage processing aim. The corporate employs greater than 4,000 individuals, has greater than 650 branches within the U.S. and is licensed in 50 states. After funding its steadiness sheet and investing in future development, Motion’s income are paid to its major shareholder, the nonprofit Motion Basis. So far, Motion Basis has acquired greater than $260 million of Motion revenue to put money into colleges, reasonably priced housing, communities and world outreach. For extra data, go to www.movement.com.  



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