Lenders One Mortgage Cooperative, St. Louis, a national alliance of community mortgage bankers, said it increased membership rolls by 16 during the first half. The group now boasts 169 firms, which include lenders, servicers, correspondent funders and some vendors. Lenders One has been lobbying heavily to battle onerous risk retention requirements in the pending regulatory reform bill, which could crimp the ability of nonbank lenders to compete and survive. The 16 new members that joined this year are a diverse group with four from the West region of the U.S., five from the Midwest, four from the East and three from the Southeast.
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