McGrath named new president of Republic State Mortgage

Republic State Mortgage Chairman and CEO Robert H. Wagnon has announced that Paulina S. McGrath has been named president of the company. McGrath will continue to hold the titles of CFO and COO of the full-service residential mortgage banking company that was founded in Houston in 1994. Wagnon will continue setting overall strategy, while McGrath will manage the firm’s day-to-day operations. In the 10 years since joining the company, McGrath has helped direct Republic State Mortgage’s growth from two Texas offices in 1999 to 18 offices in five states today. In 2003, Republic State Mortgage was recognized as one of Inc. Magazine’s fastest growing privately held companies. “Paulina is a recognized leader in our industry, and now is the perfect time for her to apply her leadership, knowledge and expertise as president of the company,” said Wagnon. “Despite the historic challenges facing mortgage bankers, Paulina has kept us focused and growing. I have total confidence that she will continue to deliver strong results.” In 2007, McGrath was awarded the James Wooten Scholarship from the Texas Mortgage Bankers Association (TMBA) to represent Texas in the MBA’s Future Mortgage Leaders class of 2007. She also currently serves on the Advisory Board for Lenders One, a national cooperative of independent mortgage bankers, and is an active member of the Texas and Houston Mortgage Bankers Associations. For more information, visit www.republicstatemortgage.com.