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First Community Mortgage's wholesale division has named Jeff Raich as regional sales manager. A seasoned mortgage banking professional with over 25 years' broad-based experience in mortgage lending, Raich is based in McKinney, focusing on third-party originator (TPO) lending.
"Jeff is a great fit for our growing team," says Retta Gardner, executive vice president of the mortgage boutique division at First Community Mortgage. "He is an easygoing, proven leader with a solid reputation for building and running strong sales and operations teams and has an in-depth knowledge of our industry."
Raich earned a bachelor's degree in Finance from Southern Illinois University, Carbondale, and has previously built high-performing teams and wholesale divisions in the mortgage industry.
"I am excited by the expertise and energy within First Community Mortgage's Wholesale operation and look forward to hiring account executives across the U.S. in three channels – broker, delegated correspondent and non-delegated correspondent – strengthening the organization across the 46 states in which it originates mortgages," Raich says, noting he is focusing on filling positions in Austin, Dallas/Fort Worth, Houston, and San Antonio.
First Community Mortgage is a wholly owned subsidiary of First Community Bank of Tennessee, and includes wholesale, correspondent and retail divisions. It funded nearly $3.5 billion in home loans in 2021.