Joel Furst has been named president of First Continental Mortgage and Investment Corp., a chiefly nonprime wholesaler based in Fairfield, N.J.Mr. Furst was previously a vice president at First Continental. The company also announced the promotions of Dan Bucci and Ray Salerno Jr. from vice presidents to executive vice presidents. In addition to its nonprime wholesale operations, First Continental operates several branches in the Northeast that handle retail and wholesale prime and nonprime business.
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