Embrace Home Loans hires mortgage product innovation exec

by Francis Monfort09 Mar 2018

Mortgage veteran Parkes Dibble has joined Embrace Home Loans as director of mortgage product innovation. In his new role, Dibble will lead efforts to transform the lender’s retail lending products.

“My vision for Embrace Home Loans is to inspire innovation within mortgage lending and help grow the business by creating a highly competitive edge that gains market share,” Dibble said. “The mortgage industry is incredibly competitive right now, making it critical for lenders to be different, innovative, and creative. That’s what will set us apart. I’m excited to support their continued path of evolving retail lending and to be a true leader in the industry.”

Dibble brings more than 35 years of experience to the role. He moves to Embrace from Charlotte, N.C.-based Deephaven Mortgage, where he most recently served as vice president of capital markets product development, and was responsible for new product development and existing product positioning.

Before that, he was Deephaven’s vice president of counterparty risk, servicing, and vendor management. Earlier in his career, Dibble was senior vice president of mortgage operations for RoundPoint Financial Group, senior vice president and chief consumer credit risk officer for First Horizon National Corporation, and senior vice president at HSBC Mortgage Services, among others.

 
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COMMENTS

  • by Rick Cyngier | 3/9/2018 11:47:16 AM

    Congratulations to you Parkes. The rehab industry is craving for a short term product that offers short term financing, flexibility in underwriting standards with respect to appraisal and equity positions, yet keep credit standards high, and offer conversion or assumption for consumers who look for that completed project to purchase, or offer refinance opportunities to the investor who would like to keep the inventory. As a twenty six year veteran of the mortgage banking industry; a real estate investor, and proponent of returning many of our fringe inner circle communities to good housing stock inventory.

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