Wholesale Lender Seeks to Expand Its Presence With AE Hiring Campaign

TMS Funding, the wholesale residential lending channel of Total Mortgage Services LLC, has announced that it is actively hiring new account executives (AEs) to help expand its wholesale lending market position throughout the 21 states and Washington, DC in which it is currently licensed for wholesale mortgage production. TMS Funding is recruiting high-quality wholesale AEs with two-plus years of experience and a current mortgage broker base funding Conventional, FHA, USDA and Jumbo loans. The wholesale lender is offering a highly competitive compensation package and access to some of the lowest mortgage rates and best-in-class operational support in the mortgage industry. TMS Funding recently launched a new flexible jumbo mortgage product into the wholesale marketplace. "We see a tremendous opportunity in the wholesale channel today, as many lenders have exited the channel and the remaining lenders are not providing real value either from a rate perspective or service levels," said John Walsh, president of Total Mortgage Services LLC. "We feel we can leverage our outstanding operation and it's efficiencies to capture a substantial amount of wholesale business in the future.” TMS Funding is hiring AEs to service brokers in all areas of California; Florida; Georgia; Illinois; Massachusetts; Maryland; Maine; Michigan; Mississippi; North Carolina; New Hampshire; New Jersey; New York; Pennsylvania; Rhode Island; South Carolina; Tennessee; Texas; Virginia; Vermont and Washington, D.C. "We are looking to hire 20-30 new AEs by the end of 2011," said Walsh. "At that time, we will assess the marketplace and our internal processes and look to potentially further increase hiring."