As co-President and chief operating officer of Plaza Home Mortgage, Michael Fontaine is responsible for the day-to-day management of the company, including strategic planning, overseeing capital markets, risk management, treasury and finance, IT, operations, marketing, human resources and servicing operations.
During Fontaine’s 17-year tenure, Plaza has grown from a start-up into one of the top 15 wholesale lenders in the US. In 2004, the year Fontaine joined Plaza, the firm set a new origination record of $1.5 billion. The next year it hit $3.5 billion and last year, that number was nearly $12 billion. Fontaine’s commitment to client service has been the foundation of the company’s growth, success and sustainability. Fontaine is also a member of the Freddie Mac Advisory Committee and the California Mortgage Bankers Association’s Board of Directors.
Under Fontaine’s leadership, Plaza has grown to be a leader in third-party originations, offering a full range of GSE, government, renovation and reverse mortgage programs.
Co-President and Chief Operating Officer
Plaza Home Mortgage