Waterstone Mortgage Corporation
has named Andy Peach as the company’s new president and chief executive officer. Peach has more than 30 years of experience in the mortgage lending industry, including leadership roles in retail, consumer direct, correspondent and wholesale production.
“We are pleased to announce the addition of Andy Peach to the Waterstone Mortgage executive team,” said WaterStone Bank President and CEO Doug Gordon. “Andy is an accomplished leader with extensive experience in the mortgage lending industry. His work ethic and vision also align perfectly with Waterstone Mortgage’s overall mission and goals, making him an ideal fit for the organization.”
Peach most recently served as managing director and chief production officer for Pacific Union Financial, where he was responsible for managing the company’s retail, consumer direct, correspondent and wholesale production channels. During his tenure on the Pacific Union executive leadership team, the company experienced substantial growth and expansion prior to its sale earlier this year. Before his career with Pacific Union, Peach worked for several leading financial services firms, such as Bank of America, JPMorgan Chase and Lehman Brothers (Aurora Loan Services) in a variety of large-scale regional and national leadership roles.
“I am honored and excited to join Waterstone Mortgage, which has an excellent reputation in the industry,” said Peach. “The company’s independent mortgage banker mindset, success in the purchase origination market, innovative mortgage technology solutions, and history of excellent customer service all combine together to create a great platform for future growth.”
In his new role with Waterstone Mortgage, Peach will be responsible for all aspects of the company’s business and corporate functions. He will also work with the executive management team to chart the course for future success and growth.
“Waterstone Mortgage has a talented team of local mortgage experts who work with everyone in our company to provide an excellent experience for our customers,” said Peach. “When combined with our family-like culture, broad product offerings, and cutting-edge technology systems for our customers, we offer an unparalleled value to homebuyers in every market we serve. I am excited to work alongside the people of Waterstone Mortgage as we leverage our strengths to take the company to the next level and beyond.”