Rockville Financial Inc. said adding an online mortgage application was one of the reasons the bank holding company had a 74% increase in originations in 1Q13 on a year-over-year basis.
Another reason was the expansion of its sales staff. The firm hired its first 12 mortgage loan officers in 2012 and hired two additional ones during the quarter. It also hired Brandon Lorey as senior vice president and head of consumer lending.
Most recently he was chief credit and lending officer for H&R Block Bank.
The company did $75 million in mortgages in 1Q13, up from $43 million in 1Q12.
Adding MLOs, Rockville said, enabled the bank to build
