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Eye on the Industry: Mortgage Company Promotions and Additions

Mid America Mortgage, Amerifirst Financial Corporation, and ReverseVision recently announced department expansions and new and promoted personnel.

Addison, Texas-based Mid America Mortgage, Inc. (Mid America) announced today it has promoted former National Support and Training Director Jemma Pachiano to Chief Operating Officer (COO).

“Jemma Pachiano’s vast experience in the mortgage industry and keen ability to tackle even the most complex challenges have made a measurable impact on Mid America since 2011, which makes her an excellent fit for this role,” said Mid America Owner and CEO Jeff Bode. “As COO, Jemma’s solutions-based approach and know-how in regards to implementing more efficient processes, products and systems will be instrumental in propelling Mid America’s growth and success through 2021 and beyond.”

Pachiano has served as a licensed LO for more than 18 years, with experience in both retail and wholesale positions across Maine, North Carolina and Texas. Prior to Mid America Mortgage, she was employed at Alliance Financial Resources as a senior loan originator and worked as a loan officer at Chase Bank. She also served as a senior loan officer at TowneBank.

“Having experienced Mid America’s steady trajectory of growth for the last nine years, my new role as COO inspires me to lead the company in consistently delivering best-in-class products and an exceptional lending experience to our clients,” said Pachiano. “My mantra for 2021 is to remain detail-oriented, intentional and to lead with kindness, especially as the industry continues to face on-going changes and uncertainty. I am honored to enter into this new role and my passion for the mortgage business fuels me to drive operational success at Mid America for years to come.”

Full news release.

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Amerifirst Financial Corporation announced the appointment of a mortgage industry veteran to its bilingual mortgage services divisionAmeriuno.

In his new role as Managing Director, Andres ‘Andy’ Insua will lead efforts to expand homeownership opportunities for Hispanic community members throughout the country.

“We’re excited to have someone of Andy’s experience and caliber leading our team,” said Doug Long, Amerifirst Southeast Divisional President. “I’ve worked with Andy in the past and am confident of his abilities to build trust and meaningful relationships with our Spanish-speaking community in order to expand our national platform and help this growing population achieve the American dream of homeownership.”

Previously, Insua served in executive leadership roles, most recently as Regional Operating Partner with Supreme Lending where he was responsible for the start-up, strategy, and operations of the retail division. Before that, he held the position of Divisional President of Prospect Mortgage and was Senior Vice-President, Florida Head of Mortgage for Fifth Third Bank.

“For me, it’s like joining a family,” said Insua on his new role with Ameriuno. “My parents immigrated from Cuba in the early 1960s, and this is an opportunity for me to leverage my 30-year career in the mortgage industry to help bring value to a new generation of Hispanics who want to become homeowners.”

Full news release, here.

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ReverseVision, a national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced the promotion of its President Joe Langner to President and CEO. In this expanded role, Langner will lead ReverseVision’s mission to empower America’s seniors to use home equity as part of retirement finance.

“Having had the opportunity to interact directly with Joe during his time at Ellie Mae, I was tremendously excited to have him bring his energy, knowledge, and experience to ReverseVision. Joe is well-known and respected throughout the mortgage industry for his deep and technologically-grounded understanding of the digital mortgage ecosystem,” said Jeb Spencer, board chairman and managing partner of TVC Capital. “Joe has a keen aptitude for working closely with lenders to help them strategically grow their businesses with innovative, cost-effective and advanced software technologies.”

“My time at ReverseVision has only reinforced my conviction that both the mortgage industry and consumers would be best served by establishing HECMs and private reverse loans as foundational programs alongside traditional forward loans,” said Langner. “All of the 1.5 million senior consumers that take out a home loan each year deserve to be presented with a mortgage option that can also help them achieve their financial and retirement goals.”

John Button, former CEO, will continue to advise the corporate board as a member of the board of ReverseVision and represent ReverseVision in a range of industry organizations and events.

See the full news release, here.

About Author: Christina Hughes Babb

Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media/Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning news, among others. Contact Christina at christina.hughesbabb@thefivestar.com.
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