FirstREX Recruits Two New Hires to Grow Funding Program

""FirstREX"":http://www.1rex.com/, a real estate equity finance firm operating out of San Francisco, has brought on Don Shewmaker and Jim McGuire to help the company meet growing demand for its down payment funding program, ""REX HomeBuyer"":http://www.rexhomebuyer.com/.

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As director of operations, Shewmaker will oversee day-to-day operations of the REX HomeBuyer program. He has more than 28 years of experience in the financial services industry, having served in management positions at Bank [COLUMN_BREAK]

of America, Wells Fargo, and Deutsche Bank. In his most recent position, he served as bank operations executive at Pacific Capital Bancorp.

McGuire has taken the role of sales director and will be responsible for introducing and expanding REX HomeBuyer into new markets. He has an extensive background in mortgage banking, having built McGuire Mortgage Company into one of the largest home equity lenders in the Midwest. He also founded 1-800-One-Loan and OneLoan.com, two early pioneers in online mortgage originations.

""As our REX HomeBuyer volume grows, Don's track record in managing high-tech, high-volume operations for some of the largest banks in the country is going to prove invaluable,"" said FirstREX co-CEO Jim Riccitelli. ""Likewise, Jim is a seasoned mortgage professional with deep talent and experience, who will help bring our home finance solutions to clients in the largest and most dynamic real estate markets in the country. We're delighted to have these high-caliber professionals join our team.""