Alterra Home Loans Hires Alex Urmersbach, Yvonne Yacono into Key Finance Positions

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Growth in the company’s finance department will boost company operations and financial strategies.

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“These two positions have Alterra in a great place to focus on the future,” said President and CEO Jason Madiedo

Alterra Home Loans has hired Alex Urmersbach and promoted Yvonne Yacono to bolster its finance department as the company continues on a steady growth path. Urmersbach has joined the team as Chief Financial Officer (CFO), which Yacono will now serve as the Chief Business Officer.

Alterra has brought on Alex Urmersbach as the company’s CFO. In this role, Urmersbach will focus on executing financial strategies, planning and analysis.

Urmersbach brings more than a decade of experience to the role, which he will employ to continue driving Alterra’s mission to create wealth through home ownership.

“I joined Alterra because I believe in the leadership, culture and mission, all which has built an infrastructure that sets up for continued growth of the business.” Urmersbach said.

Previously, Urmersbach served as finance and strategy executive for Prospect Mortgage and Bank of America, as well as working for several financial institutions in South America and Europe.

“These two positions have Alterra in a great place to focus on the future,” said President and CEO Jason Madiedo. “Alex brings the skills we need to build a larger, more responsible and more sustainable business. And in her new role, Yvonne will ensure Alterra’s strength and continued hunger to serve our mission.”

Yvonne Yacono previously served as Alterra’s Director of Finance, where she has improved department efficiency, added payroll and loan purchase processing and provided interim servicing management to the team. In her new role as Chief Business Officer, Yacono will manage and develop the company’s accounting and finance operations, including payroll, servicing and process improvements throughout each department.

Yacono has a diverse background in finance, having worked in banking, healthcare, hospitality, mortgage and in homebuilding, having worked for several of the country’s top 10 homebuilders. She is hands-on and seeks improvement in everything that she does, using Walt Disney’s famous quote, “If you can dream it, you can do it,” as a guide.

“That is how I live my life,” Yacono said. “I go after my dreams and give my very best to make those dreams happen and to build the people around me.”

About Alterra Home Loans
Alterra Home Loans is a minority-owned, top U.S. mortgage bank and the second-largest Hispanic-owned mortgage company in the country. With loan coverage in 12 U.S. states, Alterra strives to represent the underserved in the mortgage industry, specifically serving the Hispanic community to help build wealth through home ownership.

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Angela Carrasco
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