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Wisconsin-based mortgage lender Waterstone Mortgage Corp. promoted Rico Garcia to vice chairman of enterprise danger from director of high quality management, portfolio danger administration and vendor administration.
In his new position, Garcia will supervise the standard management, title providers, portfolio danger administration and compliance groups on the firm. As well as, he’ll work with different groups to steer cross coaching and enhance communication with each inside and exterior prospects.
“Amongst different issues, Rico’s dedication, experience, and enthusiasm for brand spanking new challenges have earned him this promotion,” mentioned Stephanie Ziebell, senior vice chairman of common counsel at Waterstone Mortgage, in a ready assertion. “Rico is a collaborative group participant, he’s extensively revered, and he has confirmed profitable at growing significant relationships – each internally and with exterior companions.”
Garcia’s skilled profession spans greater than 20 years within the mortgage lending business, with greater than 5 years at Waterstone Mortgage. He joined the corporate as the standard management supervisor in July 2017. Previous to this, he labored in varied roles, together with mortgage originator, processor and underwriter. He was the supervisor of high quality management at Opus Capital Markets Consultants, LLC and managing director at Armitage Analysis LLC.
“One in all my favourite points of this place is being able to be taught new sides of our business whereas working towards a standard purpose with my group members and colleagues,” Garcia mentioned within the assertion.
In November final 12 months, Waterstone Mortgage appointed Chik Quintans its new director of digital advertising and marketing and in June, it named Paul Garrigues as its new chief monetary officer.
Waterstone Mortgage focuses on buy loans, and at present lends in 48 states. It’s a wholly-owned subsidiary of WaterStone Financial institution SSB, which is a wholly-owned subsidiary of Waterstone Monetary, Inc.
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