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Prospect Mortgage Promotes Amy Brandt to COO

In California, ""Prospect Mortgage, LLC"":http://www.myprospectmortgage.com/ named veteran mortgage finance professional Amy Brandt as COO.

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Brandt has worked for Prospect since 2012, when she joined as president of correspondent lending and servicing. Prior to that, she led the growth and development of numerous financial services firms, including Vantium Capital (as CEO) and WMC Mortgage (as CEO and president).

In her new role, Brandt will oversee all aspects of Prospect's operations, including IT, operations, credit, capital markets, training, project management, analytics, post-closing/funding, and servicing.

""Amy understands how to build a successful business and she will now play a critical role in guiding the growth of our operations platform,"" said Prospect CEO Ron Bergum. ""This new role will let her fully utilize her strengths as we continue to establish our position as an industry leader. It represents another step in the growth of our Company and a significant expansion of the breadth and depth of the talent in our Executive Leadership Team.""