Bruce Olster Named CFO of GSF Mortgage

GSF Mortgage has named Bruce Olster as its new chief financial officer where he will maintain and develop relationships with financial partners, deal with investors that lend to the company and oversee financial reports as well as internal management and operations reports. Olster has held various leadership positions throughout his extensive career in the financial services and mortgage industries, including firms in Florida and Illinois. He specializes in managing, growing and financing mortgage companies.

“This is an easy subject for me because it is something I am passionate about. This is a great opportunity and a great company. The importance of capital to a lending company is a critical part of the company’s success,” said Olster. “GSF Mortgage is well-positioned for future growth.”

Olster holds a bachelor’s degree in economics from the University of Pennsylvania Wharton School of Finance and Commerce, and also completed the Advanced Management Program at Harvard Business School. Before joining GSF, Olster was senior vice president for the multifamily warehouse lending divisions at Banco Popular North America. He was also CEO and co-founder of NattyMac LLC, a nationwide mortgage warehouse company that served single- and multi-family independent mortgage bankers. 

“I’m elated that Bruce has agreed to join the GSF family. His vast experience in the lending industry will undoubtedly strengthen GSF’s knowledge base and ability to lend safely and profitably. For me personally, I have an opportunity to work alongside an industry great. Bruce is a great teacher and I’m sure I will learn a great deal from him,” said Chad Jampedro, GSF Mortgage president.