HORSHAM, Pa.--(BUSINESS WIRE)--Finance of America Mortgage (“FAM”), a national, full service mortgage banker announced today that it has hired a new sales unit focused on credit unions and community banks.
“Credit Union membership is growing and this new team will enable our credit union partners to continue to offer compelling loan products to their members,” said Bruno Pasceri, co-president, Finance of America Mortgage. “While our initial offering will focus on products available through FAM, we expect to include the full suite of products available through the Finance of America family in the coming months.”
Leading the new sales unit will be Managing Director Brad Seibel, who brings more than 30 years of experience in the mortgage lending industry to FAM. Prior to joining FAM, Seibel held roles spanning originations, operations, risk management, and capital markets. Joining Seibel are credit union industry veterans Linda Clampitt, who will serve as EVP; Matt Abbink, who will serve as SVP, Direct Lending, and Randy Shannon, who will serve as SVP, Correspondent.
In an effort to help credit unions and community banks of all sizes meet their members’ residential mortgage needs, Seibel’s team will offer the full suite of products available within Finance of America Mortgage, including:
- Agency products including Fannie Mae and Freddie Mac
- VA and FHA loans, including 203K
- Loans designed for medical professionals, construction lending and non-QM programs
In addition to access to a wide variety of loan products, Seibel’s team will also provide services ranging from origination through closed loan correspondent purchase, including processing and underwriting services.
“Finance of America Mortgage understands the needs of credit union members,” said Seibel. “I look forward to leveraging my industry experience, along with the resources and expertise across the Finance of America family, on behalf of credit unions across the country.”
Seibel’s team is based in Dallas, TX and offers loan products for credit unions nationwide.
About Finance of America Mortgage
Finance of America Mortgage is a national, full service mortgage banker offering a diverse portfolio of home loan products. Our knowledgeable and seasoned mortgage advisors are committed to providing the most innovative technology and service for consumers, brokers, and our industry partners across the country. Finance of America Mortgage employs more than 1,600 advisors in branch offices throughout the country as well as representatives authorized to sell FAM products. For more information, please visit www.foamortgage.com or find us on Facebook, LinkedIn or Twitter. Company NMLS #1071. Equal Housing Opportunity.