June 10, 2018 marked LBA Ware’s 10th year serving the mortgage industry. It’s also the company’s golden birthday - the date your birth aligns with the age you’re turning.
There’s something poetic about the confluence of these two milestones. The odds of any small business surviving 10 years are extremely low, so to have made it this far is quite the achievement. What’s more, this year has been one of the most successful in our company’s history and, in many ways, has marked a turning point in the next stage of LBA Ware’s growth.
When I think back to the company’s origins, I’m truly blown away by how far we’ve come. It all started with me and one other employee working out of my living room and taking any opportunity that came our way. Having previously developed software for a mortgage lender, I knew that I wanted to focus on developing technology specifically for the mortgage industry…but I also needed to pay the bills.
In hindsight, saying yes to every opportunity turned out to be one of the best things I could have ever done. Not only did it keep my development skills sharp, but it also kept me in a more open, flexible mindset, which has proven to be invaluable in helping our mortgage lending clients solve their most challenging issues.
Today, I’m blessed to work with 27 of the most talented and dedicated employees one could ask for, and together, we’ve achieved tremendous success. This year alone, CompenSafe reached the $1 billion mark in lifetime compensation calculations, and we’ve expanded our client base by 91 percent. In addition, LBA Ware now serves six of the top 100 U.S. mortgage lenders and eight of the top 75 independent mortgage banks, and we’re adding more every day.
From the outset, LBA Ware’s mission was simple. Automate traditionally manual processes. Create an integrated software environment to maximize efficiency and productivity. Become a trusted partner for our clients to help them succeed. I’m proud to say that we’ve stayed true to this mission, and when I think about what’s to come in terms of product innovation and industry partnerships, I’m more confident than ever that LBA Ware will continue to fulfill this mission for years to come.
2018 has been a golden year for LBA Ware in more ways than one. Here’s to the next decade!