Bryn Mawr Trust Names New CRA Mortgage Lender – NMP Skip to main content

Bryn Mawr Trust Names New CRA Mortgage Lender

Jun 27, 2019
The Bryn Mawr Trust Co. (BMT) has hired Pedro Nicolas Velecico was appointed CRA mortgage lender for their mortgage division

The Bryn Mawr Trust Co. (BMT) has hired Pedro Nicolas Velecico as CRA mortgage lender for their mortgage division. He will be based at the company’s headquarters in Bryn Mawr, Pa.
 
Velecico was previously vice president of commercial lending at Brass Financial Group. Earlier in his career, he was business development manager at The Money Store. Velecico is also a certified Spanish translator/interpreter with the state of New Jersey.
 
“Helping buyers realize their homeownership dreams is an important way we invest in our community,” said Tom Forker, senior vice president and director of mortgage lending. “Pedro’s experience and drive to put homeownership within reach for everyone, focusing on low- and moderate-income individuals, has been a trademark of his career.”

 
About the author
Published
Jun 27, 2019
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026