MIDDLETOWN, R.I.--(BUSINESS WIRE)--Embrace Home Loans, a prominent leader in the mortgage industry, announced today that industry veteran Parkes Dibble has joined the national lender as its new Director of Mortgage Product Innovation. In his role, Mr. Dibble will lead efforts to strengthen product depth and breadth and further transform the lender’s retail lending products.
“My vision for Embrace Home Loans is to inspire innovation within mortgage lending and help grow the business by creating a highly competitive edge that gains market share,” said Parkes. “The mortgage industry is incredibly competitive right now, making it critical for lenders to be different, innovative and creative. That’s what will set us apart. I’m excited to support their continued path of evolving retail lending and to be a true leader in the industry.”
When asked why Parkes chose Embrace, he cited the lender’s culture and commitment to both its customers and employees. “Embrace has a reputation for not only delivering outstanding, personalized service to its customers, but it is also known for being a great employer. Additionally, they continually give back to the communities it serves. Simply put, they are a terrific organization and a great fit for me.”
Bringing more than 35 years of experience, Mr. Dibble has held various leadership positions within the mortgage industry. Most recently, he was Vice President of Capital Markets Product Development for Charlotte, N.C.-based Deephaven Mortgage, where he was responsible for new product development and existing product positioning. He also previously served as Vice President of Counterparty Risk, Servicing and Vendor Management at Deephaven. Before that, he was Senior Vice President of Mortgage Operations for RoundPoint Financial Group, Senior Vice President and Chief Consumer Credit Risk Officer for First Horizon National Corporation and Senior Vice President at HSBC Mortgage Services, among others. He holds a bachelor’s degree in Mechanical Engineering and an MBA from Southern Methodist University in Dallas, Texas.
“Our industry is always evolving; therefore, we remain committed to staying out front by continually innovating our products and processes to maintain our position as one of the nation’s best and longest-standing independent lenders,” said Jeff McGuiness, Chief Sales Officer of Embrace Home Loans. “Adding Parkes to our esteemed leadership team will allow us to fine tune our strategy for innovation and growth. We’re thrilled to have him on board and confident he will be a crucial asset for us.”
As one of the nation's leading and fastest-growing mortgage lenders and bank support providers, Embrace Home Loans employs over 800 people at locations across the country. Since its founding in 1983, Embrace has been helping individuals find the mortgage solution that best fits their needs.
Over just the last three years, Embrace has experienced a 69 percent growth in revenue, demonstrating its success in delivering superior service to customers. The national lender has been regularly recognized for its outstanding solutions and service and boosts a 98 percent customer satisfaction rating and A+ rating with the Better Business Bureau.
About Embrace Home Loans
Founded in 1983, Embrace Home Loans has remained a prominent leader in the industry, having afforded borrowers and financial institutions an exceptional mortgage experience. Licensed in 46 states and D.C., Embrace has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune and five times as one of the Fastest Growing Companies in America by Inc. The company has also been recognized twelve times as one of the Best Places to Work in Rhode Island, as the Most Community Involved Company in Rhode Island, and the Leadership Excellence Award by Providence Business News. For more information, please visit www.embracehomeloans.com.