A bank based in New Jersey is growing its East Coast originations and has initiated a recruiting campaign to hire loan officers all along the Eastern Seaboard.
TD Bank, also known as Toronto-Dominion Bank, claims to be one of the 10 largest banks in the country.
Now the Cherry Hill, N.J.-based institution has plans to increase its mortgage footprint.
Around 100 loan originators are being recruited by TD Bank, a news release last week said.
The hirings will be made from Maine to Florida.
The recruits don’t need to be located near any existing TD Bank location. Instead, the “residential mortgage specialists” will work from the field, a spokeswoman for the bank said in a written statement.
In October, TD added 50 mortgage jobs in Lexington, S.C.
The hirings come as TD Bank has reportedly doubled its residential origination during the past two years.
“We attribute the success and growth of our mortgage business to the safety and soundness of our bank, hassle-free mortgage products and our high-performing employees who deliver consistent WOW! service,” TD Bank Retail Lending Executive Vice President Michael Copley said in the announcement.
In line with the growth, Malcolm Hollensteiner has been hired as director of retail lending sales for the institution’s consumer lending business, which includes mortgage lending.
Hollensteiner’s background includes 19 years in residential mortgage sales management. Among his past employers are National City Mortgage and First Washington Mortgage — where the Harvard University alumnus attained “top producer status in the Washington, D.C., region.”
