Wholesale Lending Online Expands Reach through the Addition of Regional Sales Manager.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Wholesale Lending Online (WLO WLO WildList Organization WLO Women Leaders Online WLO Wholesale Lending Online WLO Washington Liaison Office WLO Waterloo Railway WLO Waiting List Only (cruise line pricing list) WLO Weapon Liaison Officer ), a provider of mortgage lending solutions, announced the addition of Greg DePriest as regional sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → to increase market share and grow its presence in six midwestern states. Since inception in late 2002, WLO has grown by more than 30 percent a quarter in volume. "Greg comes to Wholesale Lending Online with a rich history in the wholesale industry, which truly supports our commitment to expanding our reach to be national in scope," said Bill Lopez, director of mortgage banking for WLO. "The addition of Greg demonstrates our dedication to hiring first-rate employees to ensure we continue to provide superior service and products in the Alt-A arena. With so much competition in the wholesale market, acquiring top talent in the market can be a true differentiator when addressing the success of a lender." WLO has succeeded in the western region as a result of extremely competitive rates, next day underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. of up to $1.5 million, comprehensive online loan management and tracking and the ability to complete no documentation and stated/stated loans. Additionally, WLO provides aggressive LTV's and CLTV's, giving them an advantage in the market. In his new position, DePriest is responsible for maintaining broker relationships and the development of WLO's midwestern market, which includes Kansas, Missouri, Oklahoma, Nebraska, Iowa and Illinois. With nearly a decade of experience, DePriest is also managing the daily production for WLO, as well as communicating WLO's products and services to mortgage brokers and bankers across the Midwest. Prior to joining WLO, DePriest was regional vice president with First Magnus, during which time he created three wholesales offices in Kansas, Missouri and Illinois. At First Magnus, DePriest handled annual fundings worth more than $2 billion. DePriest also worked as vice president for Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. , where he was honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. for building the highest producing wholesale office in Countrywide's history. He has been the recipient of the KAMB President's Award The President's Award may mean:
MAMB Mission Avionics Multiplex Bus Affiliate of the Year, in addition to several notable achievements with Countrywide and First Magnus. Since the formation of WLO, the organization has completed a transaction volume in excess of $500 million, working with more than 200 brokers. About Wholesale Lending Online Headquartered in Burlingame, Calif., Wholesale Lending Online, a division of Preferred Financial Group, is a leading wholesale lender, offering brokers expertise on Alt-A volume and niche loan requirements. Leveraging the 14 years of experience of its parent company, Wholesale Lending Online provides a convenient lending process, which is done in-house using customized technology. For more information, call 650-875-8000 or visit the Web site www.wholesalelendingonline.com. |
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