Skip to main content

Embrace Home Loans Adds Three LOs To Rockville, MD Branch

Nov 04, 2021
Photo of a business handshake.
Director of Events

Embrace Home Loans added Barry Filderman, Masoud Hosseini and Bill Bray as senior loan officers for the company's Rockville, MD branch.

Embrace Home Loans' branch manager Elliott Bresler recruited the three mortgage veterans and plans to add more staff to continue building business in the Eastern U.S.

Filderman has 40 years of mortgage banking experience and specializes in first-time homebuyers. He is also experienced with all types of mortgage products, including conventional, VA, FHA, USDA, and jumbo loans.

Hosseini has more than 20 years of mortgage origination experience, including jumbo lending and loan programs for medical professionals. He comes to Embrace from one of the nation’s largest banks, where he was a senior loan advisor.

Bray has 20 years of experience in the mortgage industry and is well-versed in all mortgage programs and products, including jumbo loans. He previously served as a senior loan officer at one of the country’s largest banks.

Embrace originated $6.4 billion in mortgage loans in 2020, which was a company record and a 70% increase from 2019. The company is on track to double its retail production in 2021 and increase business in its consumer-direct and financial institutions group divisions, with a focus on purchase loans, according to a press release.

A Fannie Mae, Freddie Mac, FHA, and VA lender, Embrace also originates non-conforming loans, including jumbo and other unconventional loans. The company processes, underwrites, funds, and closes all loans in-house.

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Nov 04, 2021
Rocket Mortgage Sues HUD Over Regulatory, Enforcement Discrepancies

Rocket seeks dismissal of the DOJ's October lawsuit alleging the lender committed racial appraisal bias.

Dec 05, 2024
West Capital Lending Acquires Locally-Focused Brokerage, Red Tree Mortgage

The 2024 Broker Brawl reaffirmed West Capital's commitment as a relationship-focused lender

Dec 03, 2024
First FICO 10T-Backed MBS Issuance Achieved

Comprised of VA loans, the pool offers proof of concept for changes to be required by the FHFA by late 2025.

Dec 03, 2024
BAC Co-Founder Reveals Mega Brokers May Undergo CFPB Audits

Brendan McKay of BAC revealed the main takeaways in a LinkedIn post

Dec 02, 2024
AnnieMac Data Breach Impacts 171,000 Customers

Letters detailing the Aug. 23 breach were mailed to thousands of affected customers across multiple states last week.

Nov 18, 2024
More Communication, Earlier, Homebuyers Plead

It takes more than just 'fast and fancy' to please mortgage borrowers, according to the latest J.D. Power study

Nov 12, 2024