WALPOLE, MA (PRWEB) January 03, 2014
Mortgage Master, a super-regional mortgage bank and one of the Country’s largest privately-owned mortgage companies, announced today it has hired Michael Cannatti as Texas Regional Manager. Mr. Cannatti, who has 37 years of mortgage industry experience, is being charged in his new role with attracting high quality mortgage originators, opening new full service retail production branches, expanding production volumes and market share in Texas while providing some of the lowest pricing and best-in-class service to borrowers.
“We are delighted to have Mike join our sales leadership team to expand Mortgage Master’s retail network throughout Texas,” commented Paul Anastos, President of Mortgage Master. “As we continue to expand, Mortgage Master is attracting experienced leaders, like Mike, with strong industry knowledge and direct marketplace experience to build quality sales teams throughout the U.S.”
Mortgage Master is actively building retail branches and hiring quality production professional to work with borrowers throughout Texas. In 2013, well over 100 loan originators have joined Mortgage Master in 15 states. This increase in high quality production professionals is being driven by Mortgage Master’s supportive and sustainable business model, which provides borrowers with the best pricing and enables loan officers to increase their production and income. For the first nine months of 2013, average production per loan officer at Mortgage Master was $20.5 million, significantly above industry averages.
Michael Cannatti, Texas Regional Manager
Mr. Cannatti brings to Mortgage Master 37 years of experience in the mortgage industry and significant knowledge of all aspects of mortgage banking including loan production, recruiting, credit and property underwriting, loan administration, areas of loss mitigation and property management. Mr. Cannatti has held leadership positions including Texas Area Manager at Cherry Creek Mortgage Corp., Director Executive Recruiting at Network Funding, Assistant Vice President, Production Branch Manager at Countrywide Home Loans and Executive Vice President, Sales and Branch Development at 1st Metropolitan Mortgage. During his career he also served as President of the Austin Mortgage Bankers Association and Chairman (FNMA/FHLMC/GNMA) at the Texas Mortgage Bankers Association.
“The Texas market is poised for continued growth and our goal is to make Mortgage Master a leading residential mortgage lender throughout the state of Texas,” commented Michael Cannatti. “We are hiring quality production professional that have strong relationships with real estate agents, accountants, lawyers and other referral partners, to help borrowers with their home financing needs, by providing the best possible pricing and high quality service when purchasing or refinancing a home.”
Michael Cannatti can be reached at 512-423-6776 or mcannatti(at)mortgagemaster(dot)com
About Mortgage Master
Mortgage Master, Inc. is a Massachusetts company founded in 1988 by Mr. Leif Thomsen. Since then, the Company has grown to be one of the largest privately owned lenders in the nation, and the largest volume lender of mortgages in Massachusetts. In 2012, Mortgage Master assisted 24,000 borrowers and funded over $7.3 billion in loan volume. Mortgage Master employs more than 711 employees nationwide, with over 300 loan experts providing loans and services in 26 states and the District of Columbia. In 2013, Mortgage Master was named to Inc. Magazines' list of America's Fastest Growing companies.
The corporate headquarters is located in Walpole, MA, in a 56,000 square foot office complex, and the Company has satellite offices in California, Connecticut, Florida, Illinois, Maine, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, Texas and Virginia. For more information please call 888-263-1435 or visit http://www.mortgagemaster.com.
John Lovallo, LEVICK - Telephone: 917-612-8419 - Email: jlovallo(at)levick(dot)com