BOK Financial Names New Mortgage Company President

Glenn Brunker

BOK Financial, a regional financial services company based in Tulsa, Oklahoma, recently announced that it has named Glenn Brunker to lead BOK Financial Mortgage. In his new role, Brunker will manage all mortgage origination channels. He will replace Ben Cowen, who resigned from BOK Financial earlier this year to pursue another career opportunity.

“Glenn has a strong history of leading multiple mortgage origination channels like ours while ensuring compliance and regulatory execution,” said Pat Piper, EVP for Consumer Banking Services at BOK Financial. “His demonstrated record of leading through both growth-oriented and challenging market environments for sustained success, while maintaining strong credit quality, makes him an excellent addition to our team.”

According to BOK, Brunker has nearly 30 years of financial industry experience. He also possesses a diverse background in mortgage and consumer banking including credit risk management, compliance, production operations, and secondary marketing experience, in addition to mortgage channel management. Most recently, he served in an executive leadership role in mortgage banking at Fifth Third Bancorp. Prior to Fifth Third, Brunker served as an executive leader in mortgage banking at National City Bank in Dayton, Ohio, president of Oak Street Mortgage in Carmel, Indiana, and CEO of ABBCO Mortgage in Tampa, Florida. He also spent five years with Bank One in Indianapolis where he developed and implemented the direct lending line of business.

BOK Financial’s correspondent lending broke into the top 25 of correspondent investors in 2014 generating $1.97 billion in fundings, a 60 percent increase from 2013 and greater than the cumulative fundings of the channel’s first two and a half years combined, the company said. HomeDirect Mortgage, the company’s newest mortgage delivery channel launched in 2013, provides online mortgage lending to clients in 47 states and the District of Columbia. HomeDirect ended 2014 with $428.9 million in originations. It has funded $495.9 million in just the first five months of 2015.

“Retail mortgage has been one of BOK Financial’s most successful lines of business in recent years. We’ve also experienced especially strong growth in our correspondent lending business and our HomeDirect Mortgage online channel,” added Piper. “Glenn’s experience in leading rapid expansion business efforts is a great fit for the growth in both personnel and geographic coverage we’re anticipating across our mortgage servicing channels in the coming months.”