Deephaven Mortgage welcomes industry veteran as new VP for business development

He is charged with growing the firm's correspondent book of business in Texas and surrounding states

Deephaven Mortgage welcomes industry veteran as new VP for business development

Non-qualified mortgage (non-QM) lender Deephaven Mortgage has announced the appointment of Timothy Fisher as vice-president, business development.

Based in Dallas, Fisher has been charged with growing Deephaven’s correspondent book of business in Texas and surrounding states.

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He brings more than two decades of leadership and management experience in mortgage banking to his new role, including a stint at SG Capital Partners, where he helped develop a series of non-QM products. Most recently, he served as vice-president – national accounts for Arch Mortgage Insurance Company. He is also a former president of the Texas Mortgage Bankers Association and is a board member of Promise House, a non-profit shelter focusing on homelessness.

“At a time when correspondents are seeking to increase their non-agency market share, I am excited to introduce them to Deephaven’s flexible and competitive offerings,” said Fisher. “Deephaven leaders are highly respected within the non-agency industry for their innovation, their value-based channel partnerships, and their responsible credit strategies.”

“We are thrilled that Tim has joined us as correspondents seek out ways to penetrate the non-agency market,” said John Keratsis, president and chief executive officer of Deephaven. “These correspondents know him well and trust his growth-oriented insights.”

Fisher’s appointment follows Deephaven’s strategic partnership with mortgage tech provider Lender Price in November – a move that the lender says will allow its correspondents to offer more non-agency products.

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