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Gateway Mortgage Names Alan Ferree as President

JAN 21, 2014 5:08pm ET
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Alan Ferree is the new president of Gateway Mortgage Group, Tulsa, Okla. Previously he was the company’s chief financial officer, having joined Gateway in 2010, with nearly three decades of experience in mortgages.

Kevin Stitt, who formerly held the president’s title, remains as Gateway’s chief executive.

Gateway, a privately-held company, finished 2013 with origination volume of $1.7 billion. This tops its 2012 volume of $1.4 billion. It currently has a servicing portfolio of $3.6 billion.

Patrick McGowan is the new chief financial officer. He has 17 years of experience in the mortgage business where he held senior level executive positions for Texas Capital Bank, Centex Home Equity Corp., Highlands Bank and most recently he was executive vice president and CFO for Collin Bank.

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