ResMAE Mortgage Corporation, a wholesale specialty
residential mortgage originator and servicer, today announced that Dan
Payne has been named as Senior Vice President, Division Manager.
"Dan has been with ResMAE from nearly the beginning and has been instrumental in developing our Southern California market. We are extremely pleased with his results-driven management style and firmly believe that he will be an important contributor to our ongoing growth in several key western states," said Ed Resendez, President and Chief Executive Officer, ResMAE.
Payne initially joined ResMAE in August 2003 as regional vice president, overseeing wholesale loan production for a large segment of the California market. As senior vice president, he will direct loan production for Southern California, Washington and Oregon. His responsibilities will also include Idaho, Montana, Wyoming, and Alaska as ResMAE continues with its nationwide expansion. Prior to joining ResMAE, Payne was 1st Vice President in charge of processing at Countrywide, Senior Vice President of Operations at Royal Mortgage Bank, and Vice President of Loan Servicing at AMRESCO. He has also held management positions at General Electric, Citicorp, and Household Finance.
"I am honored to have been able to contribute to ResMAE's ongoing success and position in the industry," Payne said. "ResMAE has a terrific senior management team and I look forward to the opportunity to work with them and further ResMAE's presence as a growing leader in nonprime lending."
About ResMAE
ResMAE is a wholesale specialty residential mortgage lender and servicer headquartered in Brea, California. The company, founded by Jack Mayesh, Ed Resendez, and Bill Komperda -- the former executive management team at Long Beach Financial Corporation, originates wholesale loans through a network of independent mortgage brokers and sells loans in the secondary market. Its financial partner is TH Lee Putnam Ventures, a technology-focused private equity firm affiliated with Thomas H. Lee Partners and Putnam Investments. ResMAE is licensed or qualified to conduct business in more than 48 states and continues to expand nationwide. Its web site is located at www.resmae.com.
"Dan has been with ResMAE from nearly the beginning and has been instrumental in developing our Southern California market. We are extremely pleased with his results-driven management style and firmly believe that he will be an important contributor to our ongoing growth in several key western states," said Ed Resendez, President and Chief Executive Officer, ResMAE.
Payne initially joined ResMAE in August 2003 as regional vice president, overseeing wholesale loan production for a large segment of the California market. As senior vice president, he will direct loan production for Southern California, Washington and Oregon. His responsibilities will also include Idaho, Montana, Wyoming, and Alaska as ResMAE continues with its nationwide expansion. Prior to joining ResMAE, Payne was 1st Vice President in charge of processing at Countrywide, Senior Vice President of Operations at Royal Mortgage Bank, and Vice President of Loan Servicing at AMRESCO. He has also held management positions at General Electric, Citicorp, and Household Finance.
"I am honored to have been able to contribute to ResMAE's ongoing success and position in the industry," Payne said. "ResMAE has a terrific senior management team and I look forward to the opportunity to work with them and further ResMAE's presence as a growing leader in nonprime lending."
About ResMAE
ResMAE is a wholesale specialty residential mortgage lender and servicer headquartered in Brea, California. The company, founded by Jack Mayesh, Ed Resendez, and Bill Komperda -- the former executive management team at Long Beach Financial Corporation, originates wholesale loans through a network of independent mortgage brokers and sells loans in the secondary market. Its financial partner is TH Lee Putnam Ventures, a technology-focused private equity firm affiliated with Thomas H. Lee Partners and Putnam Investments. ResMAE is licensed or qualified to conduct business in more than 48 states and continues to expand nationwide. Its web site is located at www.resmae.com.