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New Mortgage Chief at Fifth Third

Ed Robinson recruited from PHH

July 8, 2016

By Mortgage Daily staff

A mortgage servicing executive from PHH Corp. has been recruited by Fifth Third Bancorp to lead the company's residential lending business.

Edward L. Robinson joined PHH in April 2013 as vice president of originations and was promoted to senior vice president of servicing in 2014.

Robinson oversaw a primary mortgage servicing portfolio of more than 628,000 home loans with an outstanding balance of over $97 billion.

On Thursday, Fifth Third announced that it has named Robinson as senior vice president and head of Fifth Third Mortgage.

The new mortgage chief will report to Chad Borton, who is head of the consumer bank at the Cincinnati-based firm.

In his new role, Robinson will have comprehensive oversight of all mortgage-related functions.

Fifth Third reported $8.4 billion in residential originations last year, while it serviced $59.0 billion for third parties and owned $14.4 billion in home loans as of Dec. 31, 2015.

Before his time at PHH, Robinson worked for Genworth Financial in its mortgage insurance unit for a more than two years.

photo of Edward G. Robinson
Fifth Third photo of
Edward L. Robinson

He also spend a decade and a half in the U.S. Army.

"We are very pleased to add a leader of Ed's caliber to Fifth Third," Borton said in the statement. "He has consistently demonstrated a solid track record of success in a variety of challenges and roles. He brings extensive mortgage expertise and a strong financial and operational skill set that will directly enhance and accelerate our ability to grow the mortgage business."

Robinson replaces Michelle Van Dyke, who led the mortgage business from September 2014 through January of this year.

No mention was made in today's announcement of Van Dyke, who now serves as president and chief executive officer of Heart of West Michigan United Way, according to her LinkedIn profile.

Fifth Third profile

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