Urban Lending Solutions, LLC., one of the largest minority-owned mortgage services companies in the nation, has been named for the second concurrent year to the Black Enterprise B.E. 100 for Industrial Service Companies. Reflecting continued company growth despite a struggling economy, Urban Lending ranked 68th up from 82nd last year.
Online PR News – 10-July-2010 – – Urban Lending Solutions Makes Black Enterprise 100 List for Second Year
Consistently ranked by B.E. as one of the nation’s largest minority businesses.
Pittsburgh, PA. – July 9, 2010 – Urban Lending Solutions, LLC., one of the largest minority-owned mortgage services companies in the nation, has been named for the second concurrent year to the Black Enterprise B.E. 100 for Industrial Service Companies. Reflecting continued company growth despite a struggling economy, Urban Lending ranked 68th up from 82nd last year.
Nearly doubling in size since 2009, with offices in Pittsburgh, PA and Broomfield, CO, Urban Lending Solutions was previously known as Urban Settlement Services prior to the name change earlier this year. Urban changed the name to reflect the company’s expansion of products and services for mortgage origination and servicing, including new offerings in the outsourced underwriting, loss mitigation, valuations, and Mark to Market.
“While it is exciting to be recognized as a nationally successful minority-owned business, it is most rewarding that we can expand critical services that help banks and servicers support homeownership,” commented Charles Sanders, the company’s CEO and Founder. “We are committed to our communities, to keeping families in their homes, and to new homeownership.”
With more than 780% growth since 2006, Urban Lending Solutions established itself as one of the largest national providers of home retention services in addition to the title, appraisal and closing services it has offered for more than 10 years. Urban is a leading supplier of real estate information solutions to mortgage lenders, servicers and government agencies.
To be eligible for the Black Enterprise BE 100 list, an annual list of the largest African-American-owned companies, a company must be at least 51% black-owned and have been fully operational for the previous calendar year. The listing is recognized as the most respected measure of black-owned business performance.
While it is important that Urban Lending Solutions is a certified Minority Owned Business (MBE) through the NMSDC (National Minority Supplier Diversity Council), Urban Lending’s success comes from its consistent performance as a teir-1, high scorecard vendor for many of the nation’s Top 20 banks and mortgage servicers. It is also due to the company’s advocacy position working with lenders to help American families achieve and protect the dream of homeownership.
About Urban Lending Solutions
A diversified, national mortgage services and solutions company, Urban Lending Solutions was most recently Urban Settlement Services prior to changing the company name in early 2010.
With a 15-year history as the nation’s largest MBE-designated title and settlement services firm, Urban Lending responded to their customers’ need for enhanced Servicing Sector products in 2007, building one of the largest Home Retention centers in the nation. That center, at core of the Colorado operations, has since processed millions of loan transactions, resulting in Tier 1 standing with many of the nation’s Top 20 banks and servicers.
Today, Urban Lending offers comprehensive Origination and Servicing solutions through one seamless, integrated company with locations in Pittsburgh, Pennsylvania and Broomfield, Colorado. A Corporate Plus member of the National Minority Supplier Development Council (NMSDC), Urban Lending continues to be an advocate for homeownership and is always advancing new ways to keep families in their homes.