TMS Funding, the wholesale arm of Total Mortgage Services, Milford, Conn., on Tuesday announced that it has hired five new account executives with 72 years of combined experience.
The new hires increase the number of wholesale AEs at the company to 12, servicing 10 states. TMS said the five will focus on working with “high quality” loan brokers.
The new hires include Robert Lukowski, Craig Castronovo, Matthew Neeley, Scott Beckwith, and Tracey Ibsen. The AEs have worked at such firms as CitiMortgage, Home Savings of America, JPMorgan Chase, National City Mortgage, and Wachovia Bank.
Lukowski will focus on the Illinois market while Castronovo and Neeley serve New York and Connecticut, respectively. Beckwith will be responsible for Georgia while Ibsen handles New Jersey.
“TMS Funding is committed to building a team of account executives with the strongest possible combination of integrity, sales leadership, technological savvy and customer service skills in the wholesale lending business,” said Lisa Schreiber, executive vice president of wholesale lending at TMS.
Nationwide, wholesale lending accounts for about 10% of all loan production in the residential space, according to figures compiled by National Mortgage News. While some firms leave the channel behind, others, such as TMS, have moved into the sector.
