Lykken on Lending

(Ms. Jan Wetzel – Executive bio is provided by Bloomberg.com)

Ms. Jan Wetzel founded Wetzel Trott, Inc. in 1985 and served as its Chief Executive Officer.

Ms. Wetzel’s extensive underwriting and management background started in 1978 and put her on course to start one of the country’s leading Quality Control firms.

“Qualities Great Leaders Need to Have…” – click to listen to an excerpt from our interview with Jan Wetzel

She has helped hundreds of banks, mortgage companies and credit unions develop and implement comprehensive quality control plans in accordance with Fannie Mae, Freddie Mac, The Department of HUD and VA requirements.

Her focus on quality allowed her to build a team with combined mortgage experience of over 125 years to handle more than one hundred fifty customers in twenty-two states.

“A Reason Why Many Leaders Fail…” – click to listen to an excerpt from our interview with Jan Wetzel

In 1998, she designed and wrote the “QuiC” software program to manage the entire closed loan review process from document tracking through management reporting. She has molded the information from over 200,000 loan reviews into QuiC to create an extensive fraud database that provides trend analysis reporting and unparalleled protection for her clients. She also created a Servicing Quality Control division within Wetzel Trott.

Her specialized services cover audits on everything from investor accounting, escrow analysis, loss mitigation, foreclosure, FHA and VA requirements.

“Advice for Anyone Getting Started in Leadership…” click to listen to an excerpt from our interview with Jan Wetzel

Ms. Wetzel served as Director at Indecomm-Mortgage U. She was the President of the Southeast Chapter of Michigan Mortgage Lenders Association (MMLA). She serves on the Board of Governors for Michigan Mortgage Lenders Association. Ms. Wetzel serves on the Board of Directors for COTS (The Coalition for Temporary Shelter) in Detroit. She participates in the FNMA Risk Management Advisory Council. She was the 1997 recipient of the MMLA James T. Barnes Award for her exemplary contributions to the mortgage industry. Ms. Wetzel is a graduate of Bowling Green State University and received her Bachelors Degree in Communication in 1978.

Resources Mentioned in this Episode: