COLUMBUS, Ohio--(BUSINESS WIRE)--Residential Finance, an award-winning nationwide mortgage lender, is pleased to announce its recent hire of Chris Derrow as President of the Core Services Division. In his role, Derrow will head a new division to establish new ventures with real estate brokers and builders to improve the delivery of homeownership-related services.
Derrow’s new role with Residential Finance was designed in tandem with Residential Finance’s creation of its first structured relationship with HER Realtors®, which was announced August 6th. HER Realtors is a prominent real estate brokerage established in 1956 and based in Columbus, Ohio. More than 800 associates call HER Realtors their home, operating out of nearly 60 offices throughout central Ohio, Dayton and Cincinnati.
Until recently, Derrow was the President of Trident Holdings, formerly Real Living, Inc., the managing partner of HER Realtors since 2009. Trident Holdings, led by Harley E. Rouda, Jr., is a full-service brokerage holding company based in Columbus, Ohio. Prior to joining Trident Holdings, Derrow was Regional Vice President for Wells Fargo, where he served in numerous leadership roles for nearly 20 years.
“Although we regret losing Chris’ day-to-day leadership, we could not be more excited that he will be leading a company that we will partner with for many years to come,” Rouda said. “There is no one in the industry with such a wide range of experience as Chris. He is perfectly suited to lead this new venture!”
The newly launched Core Services Division will draw upon Derrow’s deep industry experience with real estate brokers and builders to deliver consistent and reliable homeownership-related services to customers across the country. The Core Services Division will follow the Residential Finance model of business excellence by emphasizing superior professionalism, customer service, knowledge, timeliness, and accuracy. It will also underscore the need to mitigate risk by staying in step with requirements established by the Consumer Finance Protection Bureau.
“I am excited to be involved with this tremendous ground-floor opportunity,” Derrow said. “Many of the industry’s leading brokerages and builders are uniquely positioned to offer core services to their clients, such as mortgage and title insurance. Unfortunately, they cannot consistently provide these services with the desired high level of efficiency and professionalism, nor at a cost lower than their competitors.”
Residential Finance CEO Michael Isaacs commented, “When working with their favorite real estate agent or builder, clients should expect the highest level of service at a competitive price. Sadly, they often end up with something else. With our Core Services Division, coupled with Chris’s leadership strengths and Residential Finance’s experience and expertise, we expect to change that. That’s where our new offering will step in. We will offer these core services with superior timing and cost effectiveness by using our resources, knowledge and streamlined processes.”
About Residential Finance
Residential Finance is a nationwide mortgage lender established in 1997 by Michael Isaacs and David Stein. Mortgage industry expert Barry Habib joined as co-owner in 2012. Based in Columbus, Ohio, Residential Finance has three regional call centers and branches that reach from coast to coast. Residential Finance offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower-rate government-insured FHA and VA loans and jumbo loans. The company has earned numerous awards, including Columbus Business First’s “Corporate Caring Award” and “Best Places to Work” award, and was named an Inc. 500|5000 winner by Inc. magazine four times running. NMLS#1652. Equal Housing Lender. Equal Opportunity Employer.