Anna Benz joins Movement Mortgage to lead non-agency lending
INDIAN LAND, SC — Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce Anna Benz has joined the company to lead its non-agency lending, representing a significant investment in Movement's jumbo product line expansion.
As senior vice-president of non-agency lending, Benz will lead Movement's non-agency lending, including product development, credit policy, underwriting and sales support. She brings more than 25 years of mortgage and real estate experience to the role. Most recently, she served as a senior vice-president at New American Funding, where she built a non-agency lending division originating more than $1.3 billion annually.
"We are so fortunate to have Anna join Movement Mortgage. She is an absolute game-changer for us," says Jason Stenger, Movement's SVP, National Director of Operations. "She has an incredible reputation known across our industry as a leader in the jumbo and non-agency space who executes and delivers at the highest level. Investors, loan officers, real estate agents and borrowers can expect Movement's non-agency platform to continue to become more competitive as Anna builds and develops our non-agency division here at Movement to be industry-leading."
Movement's hiring of Benz represents the latest in a series of major investments in its jumbo product line. Most recently, Movement introduced its proprietary Movement Jumbo Preferred Express product to better meet the needs of the growing marketplace Movement serves. The Preferred Express product can be used for both primary and secondary homes and features loan limits up to $3 million with a 660 minimum credit score, 45% debt-to-income, 90% loan-to-value, and other competitive guidelines.
Movement is on pace to fund over $2 billion in jumbo and non-agency mortgages in 2021, a new company record.
"I am incredibly excited to join the Movement's team and help add to the momentum already in place with our jumbo and non-agency lending," Benz says. "Movement's growth, innovative operations process and company culture have already attracted some of the top originators and leaders in our industry. I'm looking forward to working alongside them."
Anna will be based in Tennessee where she enjoys spending time with family, wakeboarding, snow skiing, and volunteering in her community.
About Movement Mortgage
Movement Mortgage exists to love and value people by leading a Movement of Change in its industry, corporate culture and communities. Funding approximately $30 billion in residential mortgages annually, Movement is the sixth-largest retail mortgage lender in the U.S. Movement is best known for its innovative mortgage process and referable experience, which begins with Upfront Underwriting and a seven-day loan processing goal. The company employs more than 4,000 people, has more than 650 branches in the U.S. and is licensed in 50 states. After funding its balance sheet and investing in future growth, Movement's profits are paid to its primary shareholder, the nonprofit Movement Foundation. To date, Movement Foundation has received more than $260 million of Movement profit to invest in schools, affordable housing, communities and global outreach. For more information, visit www.movement.com.
