Foreclosure activity increases eight percent in January

Mortgage industry veteran Arthur Saitta joins Ridgewood Savings BankMortgagePress.comRidgewood Savings Bank, Arthur Saitta, Stephen Matvya Ridgewood Savings Bank has announced the appointment of Arthur P. Saitta as Assistant Vice President and Residential Business Development Officer. Mr. Saitta comes to Ridgewood with more than 20 years experience in residential mortgage lending, where he has worked on both the retail and wholesale sides of the business. Previously, Mr. Saitta was the director of sales and operations for Trump Mortgage LLC. He has also worked for Astoria Federal Savings Bank as an officer and manager of mortgage originations; European American Bank (EAB) as vice president; and Great Western Mortgage Bank as regional manager and bank officer. Saitta will be responsible for new product development and implementation. He will also oversee Ridgewoods residential mortgage account team and the operations of the banks mortgage centers in Hicksville, Garden City Park and Glendale, N.Y. Saitta commented, "I am truly excited to have joined Ridgewood Savings Bank and am looking forward to continuing its history of providing customers with personalized mortgage services tailored precisely to meet their needs. I am proud to be a part of that tradition." Ridgewood Savings Bank also announced that Vice President Stephen Matvya has retired after 14 years of distinguished service to the bank. His retirement capped a 45-year career in the mortgage industry. For more information, visit www.ridgewoodbank.com.