Pacific Union promotes Andy Peach and Jim Wyble to Senior Executive Vice President

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Company Expands Leadership for Retail Channel with hiring of John Hummel

Pacific Union Financial, LLC announced today the promotions to Senior Executive Vice President for Andy Peach and Jim Wyble. John Hummel has also joined the company in the capacity of Executive Vice President, Distributed Retail National Sales.

Mr. Peach will continue to head up the Correspondent Lending division and will take on the added responsibility of managing the Consumer Direct origination channel. The expanded role encompasses the portfolio retention sales efforts, operational fulfillment and full P&L responsibility for the company’s Consumer Direct channel, including three centralized sales offices and three operational fulfillment centers.

Mr. Wyble will also continue in his current role managing the Wholesale Lending division and will add the Distributed Retail channel to his area of responsibility. The Distributed Retail business includes almost 40 branches across the country and has an aggressive growth strategy for 2016 which includes a strong recruiting and business development platform.

The hiring of John Hummel will provide executive level sales leadership nationally under Mr. Wyble and assist the company in managing its existing Retail sales leaders as well as the recruiting of additional high quality sales leaders and loan officers to achieve its aggressive Distributed Retail growth plans. Mr. Hummel is an industry veteran with more than 25 years in marketing and sales in the financial services arena, including Citi and, most recently, CMG Financial, where he held the position of Senior Vice President of Retail Lending.

“With John joining Pacific Union, we will be able to better target the national recruiting and growth efforts of our Distributed Retail channel. Mr. Hummel not only has extensive retail experience, but broad-based experience in all facets of mortgage originations that we will be able to leverage,” said Rick Skogg, President and CEO of Pacific Union. “John also has a proven record of rapid, but more importantly, profitable growth, throughout his career, so we are confident that John’s leadership will help us not only meet, but surpass our projected 2016 sales goals.”

Pacific Union Financial is a full-service mortgage company, located in Irving, Texas, with corporate offices in California, Nevada and North Carolina as well as branch locations across the country. Pacific Union originates residential mortgage loans through Wholesale, Retail and Correspondent origination channels and has an $19 billion servicing portfolio.

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Ron Fountain