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Processing Outsourcer Adding Jobs

Processing Outsourcer Adding JobsNational Real Estate Processing adding 150 Florida jobs by 2005

December 28, 2004

By COCO SALAZAR

Florida mortgage loan processors looking for a job may have a few more choices now that one processing company plans to add 150 jobs by next year.

National Real Estate Processing Services LLC, which claims to be the nation’s largest full-service fulfillment center, plans to add at least 150 employees to its staff throughout fiscal year 2005, of which 50 to 75 will be hired within the next six months, company vice president Bruce Gilbert told MortgageDaily.com in an E-mailed statement.

National Real Estate is a new outsource loan fulfillment company formed through Bundled Broker Services Inc.’s recent acquisition of Mortgage Processing Services LLC.

That merger reportedly formed a new entity which aspires to be the nation’s premier mortgage service provider.

“Its functionality can be tailored to address any number of tasks,” Gilbert said in a written statement. “Many of our clients use NREPS to support all aspects of business, not just processing and origination. Our new corporate structure is just another example of our total commitment to our customers’ success.

By late spring, National Real Estate expects to move staff into an adjoining 45,000 square-foot building in its Fort Lauderdale location, Gilbert added.

The new hirings will triple the merged company’s current employee base to assist in processing a projected 2,500 to 5,000 loans per month in 2005, up from about 1,500 loans per month this year, he said.

“We believe loan officers should be selling loans, not worrying about processing them,” Gilbert said of the one-stop shop’s ability to provide everything from appraisals and titles to setting up closings.


Coco Salazar is an assistant editor and staff writer for MortgageDaily.com.email: s3celeste@aol.com

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