Finance of America Mortgage
has announced the hiring of a new sales unit focused on credit unions and community banks. Leading the new unit will be Managing Director Brad Seibel, who brings more than 30 years of experience in the mortgage lending industry to FAM. Prior to joining FAM, Seibel held roles spanning originations, operations, risk management, and capital markets. Joining Seibel are credit union industry veterans Linda Clampitt, who will serve as Executive Vice President; Matt Abbink, who will serve as Senior Vice President of Direct Lending and Randy Shannon, who will serve as Senior Vice President of Correspondent Lending.
“Credit union membership is growing and this new team will enable our credit union partners to continue to offer compelling loan products to their members,” said Bruno Pasceri, Co-President of Finance of America Mortgage. “While our initial offering will focus on products available through FAM, we expect to include the full suite of products available through the Finance of America family in the coming months.”
Seibel’s team will be based in Dallas, Texas and offers loan products for credit unions nationwide.
“Finance of America Mortgage understands the needs of credit union members,” said Seibel. “I look forward to leveraging my industry experience, along with the resources and expertise across the Finance of America family, on behalf of credit unions across the country.”