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NexBank appoints Tish Ashley as VP of new residential mortgage division

Oct 07, 2009

NexBank, one of North Texas’ leading banking and financial services company, has appointed Tish Ashley to the position of vice president of its new residential mortgage division. Ashley founded The Funding Source, a Dallas-based retail mortgage operation she has directed since 1997. An experienced and accomplished entrepreneur, Ashley built The Funding Source into a major company in the North Texas residential mortgage industry, serving customers mostly in Collin, Denton and Dallas Counties. “Tish brings a wealth of knowledge, expertise and leadership to NexBank and our company’s new residential mortgage division,” said NexBank president and chief executive officer Davis Deadman. “We’re excited to have an executive of Tish’s caliber join our company, and we have complete confidence the momentum she and her well-established team bring to NexBank will provide an excellent opportunity for development and growth of our new residential mortgage platform.” At The Funding Source, Ashley directed the company’s operations and industry involvement including sales, compliance, market strategies and warehouse management. Through a combination of team building, real estate alliances and loyal customer base, Ashley built The Funding Source to nearly $100 million in annual origination volume. By combining its real estate lending operations--commercial, wholesale mortgage and retail--the appointment provides NexBank with a greater scale in originating loans in the North Texas market. “We believe this is an important advancement in the company’s ability to further service our customers, and a great entry point into our company for new customers,” said Deadman. “Our goal at NexBank is to meet all of our customers’ financial needs; offering residential mortgage services moves our bank even closer to that goal.” For more information, visit 
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