""WDB Funding, LLC"":http://www.wdbfunding.com, announced the appointment of Andrew Pollock as the firm's president and CEO. Pollock brings 25 years' experience heading large-scale lending operations to his new role, where he is responsible for providing day-to-day leadership, managing operations, and executing the strategic direction of the company.[IMAGE]
""The national private lending market is grossly underserved and WDB Funding fills the extensive gaps in today's financing environment,"" Pollock said of his new organization. ""The industry has an extended demand for commonsense lending for alternative financing, equity lending, and nontraditional products and programs. I am thrilled to become a part of WDB Funding.""[COLUMN_BREAK]
Pollock's extensive background and experience within the financial services industry includes tenures at Global Logic Advisors as a managing partner, and president and CEO of at First Franklin (a Merrill Lynch Company) where he served as president and CEO, Rushmore Loan Management as co-CEO, and First California Mortgage Company where his role was president and chief administrative officer.
""We are ecstatic to have Andrew join the WDB Funding team at the top of the house,"" commented Joseph D'Urso, managing partner. ""Given Andrew's proven track record for building, expanding, and directing financial services organizations, we see nothing but opportunity for the future of WDB Funding.""
WDB Funding is a direct private money lender that caters to borrowers who do not meet today's limited conventional requirements and underwriting guidelines.
The firm provides money for the following purposes: the purchase and refinancing of non-owner occupied residential first mortgages; investments in residential assets and rehab loans; and multi-family, mixed use, and commercial loans. Headquartered in Salt Lake City, Utah, WDB Funding operates nationally.