TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1181586
M R EP O RT | 35 Top 25 Companies in Mortgage & Servicing SERVICE PROVIDER SERVICE PROVIDER HEADQUARTERS: GREENSBORO, NC; 800.909.4264; ARCHMI.COM Michael Schmeiser, President and CEO Tom Jeter, EVP and CFO, Global Mortgage Cheryl Feltgen, EVP and Chief Risk Officer HEADQUARTERS: IRVINE, CA; AUCTION.COM Jason Allnutt, CEO Ali Haralson, Chief Business Development Officer AJ Thomas, VP, People and Culture Arch Mortgage Insurance Company (Arch MI) Auction.com Arch MI is a leading provider of mortgage insurance in the United States. Mortgage insurance helps people buy a house with only a modest down payment by protecting the lender against the risk of borrower default related to mortgages with high loan-to-value (LTV) ratios. Backed by a solid capital base, Arch MI offers expert risk management and financial services to help mortgage lenders protect their investments and expand their origination opportunities. STAFFING STATS Year Established: 2014 Employees: Approximately 830 Additional Offices: Walnut Creek, California; 318 home-based employees GIVING BACK BackPack Beginnings of Greensboro, North Carolina Community Housing Solutions of Greensboro Habitat for Humanity of Guilford County MBA Opens Doors Foundation Say Yes to Education BENEFITS AND PERKS Arch MI offers many benefits to their employees, including up to 10 weeks of paid leave for each parent following a birth or adoption. The company also provides tuition reimbursement of up to $5,250 in the first or second year of employment, $7,500 in years three and four, and $10,000 in year five and beyond for approved graduate courses. Student debt repayment assistance is also available —$250 monthly or $3,000 annually toward loan principal. Other perks include two paid volunteer days per year, access to continuing education and professional development programs, employee resource groups, on-site yoga classes, and more. Auction.com is the nation's leading online marketplace for the disposition of distressed residential properties. Its tools and services help maximize sales, shorten the sales cycle, yield higher returns, mitigate risks, and elevate results. Sellers enjoy customized and flexible programs, data intelligence and buyer insights, pioneering technology, such as Portfolio Interact TM, support from 900+ employees, and a nationwide marketing reach going to millions of potential buyers. STAFFING STATS Year Established: 2007 Employees: 927 Additional offices: Redwood City, CA; Plano, TX; and Morrisville, NC GIVING BACK Operation Homefront Habitat for Humanity Toys for Tots Families Forward Second Harvest Foodbank PRAISE CORNER: 2019 Fintech Award Ravi Singh Rising Star Award 2019 Housingwire Tech 100 award BENEFITS AND PERKS Medical, Dental, Vision & Life Insurance Flexible Spending Accounts & Health Savings Account Transit and Parking Reimbursement 401(k) matching Tuition Reimbursement with $20K lifetime maximum Professional Course reimbursement Volunteer Time Off Paid Time Off and Flexible Schedule Paid Holidays + 50% Percentage of employees who are women + 30% Percentage of employees who are minorities 59% Percentage of employees who are women 48% Percentage of employees who are minorities 76% Employee Satisfaction