Non-QM Lender Deephaven Hires Business Development VP

Non-QM lender Deephaven Mortgage said today that it has hired Timothy (Tim) Fisher as its vice president, business development. Based in Dallas, Fisher is charged with growing Deephaven’s correspondent book of business in Texas and surrounding states.

Fisher brings more than 20 years of leadership and management experience in mortgage banking to his new role, including at SG Capital Partners, where he helped develop a series of non-QM products. Most recently, he served as vice president-national accounts for Arch Mortgage Insurance Co., where he headed a team covering the nation’s top 75 originators.

“At a time when correspondents are seeking to increase their non-agency market share, I am excited to introduce them to Deephaven’s flexible and competitive offerings,” Fisher said. “Deephaven leaders are highly respected within the non-agency industry for their innovation, their value-based channel partnerships, and their responsible credit strategies.”

Deephaven President and CEO John Keratsis said his company is thrilled “that Tim has joined us as correspondents seek out ways to penetrate the non-agency market. These correspondents know him well and trust his growth-oriented insights.”

A former president of the Texas Mortgage Bankers Association, Fisher is a board member of Promise House, a nonprofit shelter focusing on youth homelessness. He holds a bachelor’s degree from Baylor University.

Deephaven is a full-service, multi-channel, long-term credit provider in the non-QM market, providing access to financing for millions of underserved customers throughout the U.S. Founded in 2012, Deephaven led the rebuilding of the non-government mortgage market.