PRMG Expands Its Wholesale Ops Into the Northeast U.S.

PRMG Expands Its Wholesale Ops Into the Northeast U.S.

May 30, 2012

Paramount Residential Mortgage Group (PRMG) has announced the expansion of its wholesale operations into the Northeastern U.S. and New England territories. The New England territory will be headed up by the recent hiring of PRMG’s new regional manager, Brian Burke. Brian brings more than 20 years of experience in the mortgage industry to PRMG, including time spent as a regional sales manager for Clear Point Funding, MetLife Home Loans, and VP of national business development for Countywide Home Loans. His background includes sales, origination, recruiting, and training support for the companies he has served.
In his new position as regional manager, Brian Burke will be responsible for recruiting and developing PRMG's presence in the New England territory, while overseeing a full-service fulfillment operations center that will be underwriting and funding locally, including generating business in Maine, Connecticut, Vermont, Massachusetts, Delaware, New Hampshire and Rhode Island. Burke will be reporting directly to Anne Molchan, vice president, and her division.
"We are very enthusiastic about Brian Burke coming on-board to the PRMG team.” said Phil Deol, EVP of production for Paramount Residential Mortgage Group (PRMG). “It is truly great to see that our reputation precedes us and that PRMG is attracting high-caliber and experienced mortgage professionals, such as Brian.”
Going forward into 2012, PRMG continues its pledge to invest in the wholesale business channel with new product offerings, continued education through PRMG Campus, along with technology enhancements to continue to provide local underwriting, competitive pricing, and superior service to help better serve all its customers.
“As part of our global vision and strategic growth plan, the recent addition of the New England territory complimented by the previous acquisition of the southeast region will allow us to remain on course toward expanding our overall footprint across the country and ultimately position PRMG as a national player,” said PRMG Chief Executive Officer Paul Rozo.