January 6th Network Spotlights - The Weekly Collaborative

Lender Member Spotlight: RiverWood Bank

We’re thrilled to announce the addition of RiverWood Bank to the TMC Family. A wholly-owned subsidiary of Great River Holding Company, RiverWood was founded in 2003. As an employee-owned community bank, they’ve been serving local customers through personal relationships since 1910.

Headquartered in Baxter, MN, Riverwood has locations across central and northern Minnesota, providing both personal and business banking services. The company has grown from the original four banking offices with $85 million in total assets to ten banking offices with more than $400 million assets today.

As a true community bank, board members and employees live, work and volunteer in the communities RiverWood serves. We look forward to having Bart Taylor and team collaborate with our growing network of community bankers and our entire TMC family, so they can share in the Power of the Network.

Preferred Partner Spotlight: Flatworld Solutions

Flatworld Solutions (FWS), a TMC Preferred Partner company, is a top-rated global technology and outsourcing firm for the mortgage industry. They've earned their stripes with over a decade of providing satisfying customer experiences working with over 60 mortgage lenders, including 6 of the top 20 independent mortgage lenders.

Flatworld believes efficient mortgage lending operations are key to fulfilling the American Dream. The team at Flatworld works tirelessly to empower those who help these dreams turn into reality. By leveraging technology and outsourcing back-office operations, Flatworld can boost a lender’s capacity, save operational costs and reduce cycle time up to 50%.

Flatworld provides outsourcing solutions for operational tasks from loan set up and initial disclosure through processing, underwriting, closing, post-closing QC and loan servicing. In addition to these operational solutions, Flatworld's experienced team of data scientists and AI experts have built MSuite, a next-gen automation platform that leverages OCR/ICR, Machine Learning and AI to make the digital mortgage a reality.
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In today's mortgage environment of compressed margins and increased expenses, the team at Flatworld can assist in maximizing your bottom line and improve operational efficiencies. Among 60+ lenders that Flatworld already serves, 10+ are TMC members. Here is an example of one such success story.

In case you missed the team at TMC's Summer Conference, Flatworld is directly supported by Senior Partner Rob Porges, Partner Ron Howe, and VP of Mortgage Solutions, Rajeev Kumar. In addition to TMC's primary contacts named here, Flatworld is supported by over 3500 efficient and enabled employees and a solution-centric leadership team, all of whom have a hand in telling Flatworld's story - a story of expanding possibilities.