Prez Named at Union Equity Sub

Cyndi Lindenberger has been named president of Preferred Properties Real Estate Inc., a subsidiary of Union Equity Inc., Palm Beach, Fla., that is applying for correspondent mortgage lender status.Ms. Lindenberger has more than 20 years of experience in residential mortgage loan origination, processing, underwriting, and real estate speculation, Union Equity said. She will also serve as senior underwriter for Union Equity. The company said PPRE, once it has obtained its correspondent lender license, will offer loans to the general public and will also act as a support vehicle for Home Sales Express, a Union Equity subsidiary specializing in the for-sale-by-owner market. Union Equity can be found online at http://www.unqt.com.