Veteran mortgage finance professional Amy Brandt has joined Prospect Mortgage LLC to lead an expansion of the company's correspondent lending and loan servicing capabilities. Serving as president of correspondent lending and servicing, Amy will help build Prospect Mortgage's national correspondent lending platform and expand its loan servicing capabilities.
"We see a tremendous opportunity to greatly expand our national correspondent lending platform and build our loan servicing capabilities, filling a void that currently exists in the marketplace and increasing our core competencies," said Prospect Mortgage CEO Ron Bergum. "Amy knows how to build a successful business. She will play a critical role in guiding the strategy for the implementation and growth of these important segments of our business."
Amy has led the growth and development of numerous financial services firms. Most recently, she served as CEO of Vantium Capital Inc., which she formed in 2007 with Apollo LP, a leading private equity firm. Brandt's previous roles include CEO and president of WMC Mortgage, where she oversaw the growth of loan originations to more than $3 billion per month and led the organization through its eventual sale to GE Money. Prior to her promotion to CEO in 2003, Brandt served as the WMC's executive vice president of loan production.
She received an undergraduate degree from the University of Southern California and a Law Degree from Arizona State University. She has served on numerous industry committees and is a regular speaker at industry events.