This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

MSI Renews Preferred Investor Agreement With Lenders One®

Lenders One Mortgage Cooperative, a national alliance of community mortgage bankers, correspondent lenders and suppliers of mortgage products and services, announced its contract renewal with preferred investor Mortgage Services III, LLC (MSI). MSI is a majority owned subsidiary of First State Bank of Mendota, Ill.

“MSI understands firsthand the challenges that smaller community-based lenders encounter in order to remain competitive during a time when differentiation and quality are key,” said Scott Stern, Lenders One CEO. “We are proud to renew our partnership because management at MSI recognizes the need to deliver high-level customer service, which translates into a strong relationship for our members and a reliable outlet through which to conduct substantial business.”

The partnership continues to offer Lenders One members direct access to a funding source as well as special pricing for all of their loans. In turn, MSI receives immediate networking abilities and opportunities to grow its portfolio with Lenders One’s national group of community mortgage bankers.

“Aligning with Lenders One gives us a solid connection to many of the more widely recognized, well respected community mortgage bankers in the United States,” said Todd Carlson, senior vice president of correspondent lending for MSI. “Our relationship with the cooperative and the exposure it offers to this market segment is crucial to our correspondent division’s early development. The ongoing marketing support provided by the Lenders One team to ensure this is a mutually beneficial venture is extremely valuable, and we look forward to it generating continued growth among members.”

About Mortgage Services III, LLC

Mortgage Services III, LLC (MSI) is a majority owned subsidiary of First State Bank. The staff has countless years of experience and knowledge of the mortgage industry. As a full service mortgage lender, MSI specializes in a number of different loan programs from conventional fixed loans, FHA loans to adjustable rate mortgages (ARMs). The company is based in Bloomington, Ill. For more information, please visit

About Lenders One Mortgage Cooperative

Lenders One is a national alliance of mortgage bankers, correspondent lenders and suppliers of mortgage products and services. The cooperative was established in 2000 and is based in St. Louis. With more than 150 members originating $77 billion in mortgage loans for 2009, the Lenders One alliance ranks as the third largest retail mortgage originator in the U.S. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. Lenders One is a subsidiary of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS). For more information about membership, contact Tim Stern 866.728.5678 or visit

About Altisource™

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) is a provider of services focused on high value, technology-enabled, knowledge-based functions principally related to mortgage and real estate portfolio management, asset recovery and customer relationship management. Additional information is available at

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs