July 27, 2020, Dallas, TX – CU Members Mortgage, a division of Colonial Savings, F.A., hired mortgage lending expert Sabine Wade as Processing Manager. Wade is responsible for providing oversight and direction to the processing team by streamlining processes, creating operational efficiencies and increasing member and credit union satisfaction.
Sabine is a veteran in mortgage lending with more than 20 years in making sustainable homeownership dreams come true. She has previously served as VP of Underwriting for six years in our sister division, Colonial National Mortgage where she managed a team of underwriters and the appraisal team, led quality control initiatives and fostered continued improvements with performance management. Sabine holds VA LAPP/SAR and FHA CHUMS designations and has extensive knowledge in USDA, VA, Conventional Fannie Mae and Freddie Mac, Jumbo, Bond and Down Payment Assistance programs. She holds a Bachelor’s of Business Administration in Accounting and Business Management from Wirtschaftschule Erlangen, a business school in her home country of Germany.
“Home lending is in one of its most challenging times,” said Steve Hewins, Senior Vice-President of CU Members Mortgage. “Not only do we have a very large processing team and a complex business model, but add that to a pandemic during a refinance boom and you have a perfect storm of obstacles. Thankfully Sabine has vast experience in lending and managing teams. Her dedication to training and her ability to simultaneously imbed processes will be key to tackling these hurdles and successfully leading us to achieve our highest level of proficiency, integrity and empathy.”
About CU Members Mortgage
Established in 1982 as a division of Colonial Savings, a federally chartered thrift, Dallas-based CU Members Mortgage provides comprehensive mortgage services to credit unions and CUSOs. CU Members Mortgage originates FHA, VA and conventional loans nationwide. With a portfolio of $24 billion, Colonial is one of the largest servicers of mortgage loans in the United States. The company is privately held and has offices located nationwide. For more information, visit www.cumembers.com.