NOV 13, 2012 9:06am ET

Former TMS National Retail Manager Joins EverBank

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Neil Bader, who a few months ago departed Total Mortgage Services, Milford, Conn., as its national retail sales manager, has accepted a position with EverBank, according to one official close to the situation.

At EverBank Mortgage, Bader will serve as regional manager for the greater New York city metro area.

Jacksonville, Fla.-based EverBank Mortgage, a subsidiary of the bank of the same name, is one of the fastest growing residential lenders among the top 30, according to figures compiled by National Mortgage News and the Quarterly Data Report. (In the second quarter loan production at the firm increased by 108%. Final 3Q rankings are not yet available.)

Bader, who worked at TMS for roughly nine months, is a 25-year veteran of the industry.

In other EverBank news, the publicly traded depository recently announced that it entered into an agreement with Merrill Lynch, Morgan Stanley and other underwriters to sell the group 6,000,000 depository shares “each  representing a 1/1,000th interest in a share of 6.75% Series A Non-Cumulative Perpetual Preferred Stock” of the company.

 

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