Leader will be the key driver of its retail strategy
Embrace Home Loans has appointed former Santander Bank executive Stephen Adamo (pictured) as president of national retail production.
In his new role, Adamo will be in charge of growing the lender's retail sales force and expanding its retail footprint nationwide. This year, Embrace plans to double its retail production and increase business in its consumer-direct and financial institution group divisions, focusing on purchase loans.
"Steve brings a wealth of mortgage and banking experience to Embrace," said Embrace CEO Dennis Hardiman. "As the key driver of our overall retail strategy, I am confident he will generate record numbers this year and beyond."
Most recently, Adamo served as executive vice president and head of US mortgage banking, home equity, consumer manufacturing, and credit underwriting at Santander Bank. Before that, he held various mortgage leadership roles at Weichert Financial Services and RBS Citizens Financial Group.
"I have known Dennis personally and admired Embrace for many years," Adamo said. "They go above and beyond to ensure all loan officers have the technology and marketing they need to be as successful as possible. As a result, Embrace is positioned for growth and set to compete with the top independent mortgage banks in the country."
