Veteran Mortgage Leader Chetan Patel Joins Verity Global Solutions as COO
Former co-founder of ISGN joins fast-growing mortgage services provider —Patel plans on growing the company from 600 employees to 3,000 in the next two years—
September 3, 2020 – San Antonio, Texas – Verity Global Solutions, a leading outsourced solutions provider specializing in the mortgage industry, announced that veteran mortgage industry leader and entrepreneur Chetan Patel has joined the company as chief operating officer. In addition to expanding Verity’s breadth of services, Patel will be responsible for growing the company from 600 employees to more than 3,000 over the next 24 months.
Patel plans to expand Verity’s services beyond loan manufacturing and back office accounting services to include all origination and servicing capabilities. His immediate goal is to hire between 50 to 100 mortgage servicing specialists and fill over 100 underwriter positions at the company’s offices in India and the U.S., as well as recruit sales and relationship management teams.
Patel has over 25 years of leadership experience in the mortgage industry and is recognized as an IT All-Star by Mortgage Banking magazine. In 1998 he co-founded MortgageHub.com and rebranded the company to ISGN, one of the nation’s largest and most diverse providers of mortgage products and services. There, he created a portfolio of companies that were the best in their respected fields and supported more than 600 customers, including some of the largest banks in the world. Patel most recently served as senior vice president of lending and servicing for Advantium Mortgage Banking Solutions.
“While Verity has achieved significant growth over the past several years, we are going to benefit tremendously from having a proven industry leader and visionary to help transform our company into a true end-to-end mortgage services provider. Chetan brings with him valuable experience in enhancing internal operations as well as the client experience using both labor and automation,” said Sam Mehta, founder and CEO of Verity Global Solutions. “Given his reputation and track record of success at ISGN, Chetan is the perfect person for this role. I’m delighted to welcome Chetan to our family, and I look forward to working with him to grow Verity into the next outsourcing leader.”
“I couldn’t be happier to join Verity, as I firmly believe the company has a strong foundation to become one of the largest and most diverse providers of mortgage services,” said Patel. “Today’s mortgage lenders and servicers face no shortage of challenges, including the current obstacles created by the COVID-19 pandemic, and they need our assistance more than ever. I look forward to helping to build a company capable of serving all of their needs while doing our part to keep the housing market moving forward.”
About Verity Global Solutions
Verity Global Solutions is a leading outsourced solutions provider specializing in the mortgage industry. Operating entirely behind the scenes, Verity’s mortgage experts utilize labor and automation to significantly reduce client turn times and costs while enhancing loan quality. The company is based in San Antonio, Texas and has offices in Mumbai, Pune and Bangalore in India. It operates 24 hours a day, allowing clients to close loans and sell loans faster. For more information, visit www.verityglobalsolutions.com.