Drago comes to Deephaven after nearly two years at Guaranteed Rate, where he led the company’s Southeast and Mountain West fulfillment service divisions. Prior to that, he held various leadership roles at several mortgage banks, including Wells Fargo, TD Bank, and Bank of America.

“Deephaven already differentiates itself through its agility and highly responsive service,” Drago said. “In nautical terms, we’re a yacht, rather than a cruise ship, with the flexibility to make changes that cater to customers’ emerging needs. I’m excited to help us innovate our operations and leverage technologies to build on that advantage—and ultimately empower brokers and correspondents to serve more non-QM borrowers.”

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