NexBank has announced that it has appointed Keith Kitterman as director of its new wholesale lending division, overseeing the division's lending operations in the North Texas area.
With extensive management experience in operating a business unit for mortgage lenders, Kitterman has served in the development and operations capacity in mortgage banking and lending for more than 17 years. Prior to NexBank, he directed the regional mortgage banking group for a national mortgage financing and services company in Dallas.
"We are very excited to have Keith on board with us," said Mike Rossi, senior vice president and chief financial officer for NexBank. "Keith's outstanding experience in development and operations in mortgage banking and lending ensures success for NexBank as it ventures into the wholesale lending market. It's our feeling that Keith will make the company's new Wholesale Lending Division a great success."
In December 2008, NexBank announced the launch of its wholesale lending division, which allows mortgage bankers and brokers the opportunity to provide clients with a new means of traditional mortgage funding. "We have aggressive goals for our new wholesale mortgage operation, and believe it has enormous potential for innovation and success," said Rossi.
As division director, Kitterman will be responsible for leading and managing all facets of the wholesale lending division, including technology systems, contract negotiations, recruitment, training and development and overall business strategy.
For more information, visit www.nexbank.com.