Mortgage Capital Management (MCM) has announced that Karen Herr has joined MCM as the company’s senior vice president of sales and marketing. In this executive leadership role, Herr will helm the company’s efforts in growing new business while cultivating existing relationships by providing customer support, information and guidance.
“Karen’s ability to manage and mentor others, along with her strong interpersonal and relationship building skills make her a natural fit for this role,” said Dean Brown, MCM chief executive officer. “She has more than 25 years of experience in various aspects of the mortgage industry and she’ll use this expertise to guide our sales team in helping mortgage bankers become more profitable while minimizing risk.”
Herr began her career in mortgage servicing with a savings and loan before transitioning to capital markets where she managed a national team of underwriters for Merrill Lynch Mortgage Capital, securitizing nationwide pools of loans. Herr also spent 15 years at Chase Home Mortgage as both a successful producer and manager in their first mortgage correspondent lending and wholesale home equity divisions.
“Karen has a consultative approach that contributes to MCM’s strong client relationships,” Brown said. “When combined with her complete understanding of the mortgage lifecycle, she is well positioned to troubleshoot client issues, as well as offer profit and service improvements that will help minimize risk.”