First California Mortgage Co. named L. Andrew Pollock president and chief administrative officer. Pollock comes from Global Logic Advisors where he was a managing partner. Prior to that, he was president and chief executive of First Franklin, a unit of Merrill Lynch. Christopher Hart, president of the Petaluma, Calif., mortgage lender, said the addition of Pollock better positions the firm as a significant player in the next cycle of the U.S. housing market “First Cal will continue to advance our agenda of redefining the mortgage industry, in both the retail and wholesale origination channels.” Last week, the company said it is joining Pillar Multifamily to create a lending platform to allow the firms to expand into the commercial mortgage-backed securities market. Pollock has been a First Cal board member as a independent director for the past three years. Write to Justin T. Hilley Follow him on Twitter @JustinHilley
First Cal appoints Pollock as president
Most Popular Articles
Latest Articles
DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
Christopher Gallo was charged with one count of conspiracy to commit bank fraud.
-
Top Producer Review: Features, pricing & alternatives
-
A&D Mortgage names new servicing manager
-
HUD aims to help protect communities from extreme heat
-
Freedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products
-
Realty One Group joins growing list of firms to settle commission lawsuits