New Office Space for Embrace's Internet Origination Division

Embrace Home Loans, Newport, R.I., is moving its Internet origination division, which is comprised of 50 employees, to an 18,000 square foot building located in Providence, R.I. "As a company, Embrace Home Loans has experienced significant growth," said Kurt Noyce, president. "Most recently we've added several new retail branches along the Eastern Seaboard, and completed a substantial acquisition to further increase our geographic footprint. We are proud of the work we've accomplished and are pleased to be able to add additional office space right here in our local economy. The addition of a new building in Providence not only provides a space for our growing Internet origination division, but also provides the ability for our company to add more local jobs in the future."