Lender BBVA Compass plans to open a mortgage operation center in Tempe, Ariz., creating 100 new jobs for mortgage professionals in the area. The center, the fourth for BBVA Compass, will help the bank serve its growing portfolio of mortgage business in the Sunbelt, BBVA Compass said in a statement. Birmingham, Ala.-based BBVA Compass is a subsidiary of Compass Bancshares Inc., a wholly owned subsidiary of BBVA (BBVA). “Tempe is a natural fit for our new mortgage operations center,” said Jon Mulkin, BBVA Compass consumer segment director. “We currently have space in the city with existing infrastructure that we will be able to leverage. In addition, Tempe has a large labor pool of mortgage professionals which is useful for recruiting.” The company already has three mortgage operations centers in Birmingham, Ala., as well as McAllen and Laredo, Texas. Write to Kerri Panchuk.
BBVA Compass to bring mortgage center, 100 jobs to Tempe
Most Popular Articles
Latest Articles
Spring housing market gets more inventory
We’ve now had back-to-back weeks of healthy housing inventory growth, making spring 2024 much healthier than spring 2023.
-
The best real estate podcasts for agents and brokers in 2024
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program