First Guaranty Mortgage Corporation to Expand Wholesale Platform

by 20 Aug 2012

Growing national lender adds industry veteran Trimble to grow division


McLean, VA  August 20, 2012     Signaling its intention to drive deeper into the changing wholesale market , First Guaranty Mortgage Corp. (“FGMC”)  has named Patricia Trimble as its National Wholesale Sales Manager.   FGMC is a national, full-service mortgage lending firm offering retail, wholesale, correspondent and capital markets mortgage solutions to clients of varying income and credit types.


Trimble comes to FGMC after four years as SVP, National Wholesale Manager with Home Savings of America.  She has over 24 years of industry experience, having also served as National Wholesale Home Equity Manager with American Mortgage Network/Wachovia Mortgage; JP Morgan Chase, and several other mortgage lending companies.   Trimble’s mission with FGMC will be to grow the company’s wholesale division, while maintaining relationships with the existing client base.  “There is a tremendous opportunity in the wholesale space after the departure of some of the bigger lenders,” she said.  “We are moving aggressively to let brokers know that FGMC is a growing, client-focused company, and that we will continue to support our wholesale partners.”


“FGMC is known for its niche products, and we will continue to promote those,” said FGMC Chief Executive Officer Andrew Peters.  “But having recently devoted a good deal of effort to bulking up our operations and compliance foundation, we are now ready to grow our mainstream programs.  Patty is a devoted advocate for her clients, and her experience and drive make her the ideal choice to grow our wholesale division.”



Is TILA-RESPA a good or bad thing long term?