JMAC Lending snaps up Pennymac TPO executive for top post

He will serve as executive vice president of TPO sales

JMAC Lending snaps up Pennymac TPO executive for top post

Third-party mortgage originator (TPO) JMAC Lending has brought in wholesale and correspondent lending expert Eric Yang (pictured) as its new executive vice president of TPO sales.

Yang, who brings over two decades of industry experience, is set to lead the California-based TPO lender’s sales team of regional sales managers and senior account executives for the wholesale and correspondent channels.

“Eric’s business approach aligns with our company mission and values, trust, teamwork and integrity,” said JMAC president Christina Pham. “We are excited to have Eric lead our growing sales team at JMAC, where we will continue to provide excellent support to our lender partners, especially in this unique market environment.”

In his previous roles, Yang’s track record includes building high-performing sales teams with funding volumes surpassing $2 billion monthly, according to a news release. He most recently served as vice president of TPO sales at Pennymac and has held various leadership positions at Home Point Financial, Stearns Lending, and First Horizon Home Loans.

“Eric can navigate complex market landscapes and deliver results,” Pham added. “He has a deep understanding of the industry, and we are confident that his expertise will elevate our sales operation.”

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“The mortgage market is always cyclical. Brokers need to put themselves in a position to thrive when the market turns around,” Yang said.

Established in 1997, JMAC Lending offers a wide array of innovative lending products, including non-QM and investor DSCR loans.

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