"At Benchmark, he grew his production team from about $200 million to more than $900 million in annual volume in roughly three years, showcasing his capability in driving significant growth."
"Profit and loss operators are looking for a partner that allows them to grow without giving up control and ownership, which is a critical factor in today's competitive landscape."
"You no longer have to choose between independence and scale. In fact, no other company came close to matching Rate's technology, scale and closing power."
"Preston concluded that Rate's platform drove measurable improvements, indicating its effectiveness in supporting high-producing teams and regional leaders in the mortgage industry."
Marty Preston has joined Rate's profit and loss platform after a thorough evaluation of more than 20 lenders. Previously, he served as president at Benchmark, where he significantly increased production volume. Preston found Rate's platform to excel in competitive pricing, underwriting consistency, and technology infrastructure. He emphasized the importance of maintaining control and ownership while growing, stating that Rate allows operators to achieve both independence and scale. The move reflects a trend of high-producing teams shifting towards P&L models amid challenging market conditions.
Read at www.housingwire.com
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