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Coverage of new and existing net branch operations. Programs, payouts and other details. Profiles of brokers and net branch lawsuits.

Mortgage Firms Set Up Shop in New Locations

Mortgage branch activity

June 3, 2015

By AIMEE L. BROWN Mortgage Daily

Several mortgage companies have opened new offices in eight different states. In addition, a recruiting firm seeks mortgage professionals for branches in the Lone Star State, on the East Coast and on the West Coast.

Late last month, Mortgage Network Inc. touted a new branch in Tampa, Florida, and named Audi Spiridakos as its manager.

The press statement said Spiridakos previously worked at PennyMac as a regional sales manager before accepting his new district manager responsibilities with the Danvers, Massachusetts-based firm.

Also in May, PrimeLending headlined a new office in Rockwall, Texas. The Dallas-based company appointed senior loan officer Jesse Young to head up the branch.

Around the middle of that same month, Prosperity Home Mortgage LLC announced operational expansion into Tennessee and Georgia. Four former mortgage professionals at RealtyCenter Mortgage LLC were introduced as the team servicing this area.

A couple months ago, Gateway Bank Mortgage Inc. opened five new offices along the East Coast. According to a company statement, Southern Maryland gained a Gateway branch, while North Carolina and Virginia each claimed two.

"Part of our One Bank plan was to fully expand our mortgage business throughout our growing footprint," said Douglas Glenn, president and chief executive officer of Gateway's parent company, Hampton Roads Bankshares Inc.

Earlier in April, RPM Mortgage Inc. unveiled a new office in Santa Barbara, California. The news brief stated almost 200 people visited the office during its mid-March grand opening festivities.

Twenty-year mortgage veteran Jennifer Ellison was named manager of the new branch, and RPM loan advisors Susan Bonanno and Michele Hererra joined Ellison's branch.

"We were drawn to RPM because of the company's can do, will do spirit and support of its load advisors," Ellison said.

In March, an press release announced a new mortgage branch opportunity in San Diego. Specifically, the branch recruiter said it was looking for licensed loan officers with expertise in the refinance market and growing Realtor business.

According to Anikim's website, other areas of California and Washington also have loan officer jobs and mortgage branch opportunities available. New York, New Jersey, Florida and Texas also offer similar possibilities through the recruiter.

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