TD Bank Hires Retail Lending Sales Director

In a statement released Wednesday, ""TD Bank"":http://www.tdbank.com/ said it green-lighted Malcom Hollensteiner for a move to serve as the director of retail lending sales.

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""As we continue our journey to grow and build the best-in-class lending business, I am proud to welcome Malcolm to the TD family,"" said Michael Copley, EVP for retail lending at ""TD Bank"":http://www.tdbank.com/. ""With nearly two decades of residential mortgage sales management experience, Malcolm brings a wealth of knowledge that's needed to help us continue building a better bank for our customers.""

According to the statement, Hollensteiner accrued over 19 years of experience in the residential mortgage sales management sector.

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He previously headed up ""PNC Mortgage"":http://www.pncmortgage.com/ as mid-Atlantic regional manager, beginning his stint in the industry as a loan officer at ""First Washington Mortgage"":http://www.firstwashingtonmortgage.com/.

After ascending to a top producer rank in Washington, D.C., he transferred to National City Mortgage, spending 10 years there as head of sales and operatives activities.

Hollensteiner holds a Certified Mortgage Banker designation from the ""Mortgage Bankers Association"":http://mbaa.org/default.htm and a bachelor's degree from ""Harvard"":http://www.harvard.edu/.

Signaling a shift in otherwise dismal news about job growth, ""TD Bank"":http://www.tdbank.com/ announced that it planned to hire about 100 residential mortgage specialists from the South to the Northeast, expanding its mortgage services.

""Despite tough economic times, ""TD Bank"":http://www.tdbank.com/ continues to provide our customers with opportunities to purchase a home or refinance an existing mortgage,"" said Copley. ""We attribute the success and growth of our mortgage business to the safety and soundness of our bank, hassle-free mortgage products and our high-performing employees who deliver consistent service. We are looking forward to adding more employees to support our continued growth.""

According to its Web site, ""TD Bank"":http://www.tdbank.com/ provides over 7.4 million customers with an array of retail, small business, and commercial banking products and services.