Lender Toolkit, a provider of automated mortgage technology solutions powered by artificial intelligence (AI), announced the promotion of Tammi Alexander to chief operating officer (COO) this week. Previously, Alexander served as senior director of mortgage technology for the company.
Alexander has more than 25 years of experience in financial services and the mortgage industry. Prior to Lender Toolkit, she held leadership roles at GMFS Mortgage, Guardian Mortgage and BB&T Bank..
In her new role, Alexander will continue to lead the company’s technology, operations, business development and customer experience initiatives.
According to CEO Brett Brumley, Alexander has been a key contributor to Lender Toolkit’s growth. The company has doubled in size since Brumley founded the company seven years ago, and it now works with hundreds of lenders of all sizes—including many of the top 50 lenders in the country—representing more than $45 billion in loan volume.
“Tammi’s promotion is well-deserved, as her leadership and expertise have been crucial in making Lender Toolkit the go-to platform for innovative mortgage solutions,” Brumley said. “She’s been a key figure in the development of several technologies that are revolutionizing the lending process. We couldn’t feel more fortunate to have her on our team.”
A recent recipient of a NEXT Powerhouse Award and Progress in Lending’s Most Powerful Women in Fintech Award, Alexander helped spearhead Lender Toolkit’s mortgage automation-as-a-service and AI solutions, which have made the mortgage origination process more efficient for lenders.
Alexander was deemed instrumental in developing and implementing Lender Toolkit’s AI Underwriter, an automated system that can underwrite a loan in 90 seconds or less, and a key contributor in the development of Prism, which simplifies the income calculation process for lenders.
“I’m extremely proud of Lender Toolkit’s achievements and the momentum we’ve been able to generate over the past several years,” Alexander said. “I look forward to continuing to contribute to our success in my new role and ensure our clients are able produce loans faster, more accurately and cost-effectively.”