July 30, 2021

MP Now News

Mortgage News

Embrace Home Loans Adds Two VPs

Mortgage lender based in Rhode Island Take home home loans has hired two executives to drive the company’s nationwide expansion, the company said in a press release.

Pamela Summers and Tyler Rhea joined the company as VPs of Market Growth. Summers will cover Virginia and DC and Rhea will cover the New England region.

Jason Will, Embrace Home Loans SVP of Market Growth, recruited the VPs.

“We’re excited to welcome Pam and Tyler to the Embrace team,” said Will. “They were each hired as part of our overall expansion strategy to increase our market presence in existing and new regions across the country. We will continue to look for additional employees to drive market growth in other regions. “

Embrace has more than $ 6 billion in mortgage loans in 2020

Summers has over 20 years of experience in the mortgage industry, including nearly two decades at Freddie Mac, where she held leadership roles in the municipal and affordable credit space.

Most recently, she was the director of mortgage projects at PenFed Credit Union, with a focus on marketing and demand generation in the company’s mortgage division. At the beginning of her career she worked as Vice President / Area Sales Manager for Suntrust Bank.

“I am very excited to join Embrace Home Loans and look forward to expanding its market share in Virginia and DC,” said Summers. “In today’s marketplace, it’s important to be able to offer mortgage professionals all the tools they need to be successful, as well as a great work environment. Embrace offers great marketing resources, professional coaching and the latest technology to help mortgage lenders be truly successful in their careers. “

Prior to joining Embrace, Rhea was Regional Business Development Manager at Academy Mortgage Corporation, where he was responsible for recruiting mortgage professionals in the East Coast region. Prior to that, Rhea spent nine years at Norcom Mortgage in a variety of roles, including Vice President and Market Manager.

“Embrace already has a strong presence in New England and I am excited to be recruiting new mortgage professionals to work with us in both existing and new branches,” said Rhea. “Embrace is very important to employee satisfaction. I look forward to working with incredible people in a culture that is focused on winning and having fun. “

To learn more about joining Embrace, including certain open positions, please visit Careers page.