Skip to main content

David Rae Joins GSF as Western Regional Sales Manager

NationalMortgageProfessional.com
Sep 10, 2015
Business Handshake Pic/Credit: Maksym Poriechkin

GSF Mortgage has announced the addition of David Rae as western regional sales manager in San Diego, Calif. Rae has been in the industry for more than 25 years, where he has had exposure to construction loans, secondary market, non-prime lending, government agency lending and wholesale lending. He has held positions as an appraiser, loan officer and controller and is familiar with the different markets, as he has previously worked on a national basis.

As regional manager, Rae will be responsible for the increasing GSF Mortgage’s presence in the Western region. He plans to expand GSF’s location in the California area first and create new branches where there is a fit. Rae says that he is regionally focused, but not regionally limited. He will assist with recruiting on a national level as well.

“We’re looking forward to growing our west coast division and feel the location is part of the recipe for success. David’s extensive knowledge of the west coast market is instrumental in our strategic growth plan. He is a welcomed addition,” said GSF National Sales Director Mike Maida.

Biden Appoints Sandra Thompson As Acting Director Of The FHFA

The White House appointed Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Her statement reveals that a permanent director will be confirmed in December.

Regulation and Compliance
Jun 24, 2021
Supreme Court Gives Biden Full Control Over Federal Housing Finance Agency

The U.S. Supreme Court gave President Joe Biden the authority to remove the head of the Federal Housing Finance Agency (FHFA) while dismissing claims from shareholders of Fannie Mae and Freddie Mac.

Industry News
Jun 23, 2021
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
Jun 18, 2021
UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Industry News
Jun 17, 2021
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021