FFC Mortgage Corporation, a New York-based lender founded in 1987, has announced the hiring of Doug Reilly as the corporation’s president. Reilly is the founder and former CEO of Consumers Mortgage Corporation and the Home Lending Source. He will oversee the company’s continued expansion, while working to further enhance the company’s strategy and execution.
FFC will expand its existing 10-state footprint through the addition of new branch locations, as well as strategic mergers and acquisitions. The company is currently engaged in merger discussions with several companies and plans to execute its first letter of intent next week. FFC will begin discussions with potential new branch locations in early October.
“I’m very happy that Doug joined our team," said Tom Flaherty, founder and CEO of FFC Mortgage. "He shares our values and passion. He’s an accomplished leader with a proven track record and a great addition to our company.”
Reilly brings more than 20 years of experience in mortgage banking to his new position. From 2002-2009, Reilly was the CEO of Consumers Mortgage Corporation. From 2009-2011, he was the CEO of the Home Lending Source. Reilly earned a BSBA in economics from Ohio Northern University and an MBA in International Business from Baldwin Wallace University.
“I’m excited by FFC and honored to be a part of their team," said Reilly. "The company’s people, culture, and custom technologies make it easy to envision the continuation of its growth."