Non-agency lender Deephaven has announced the appointment of Andrew Spicer as vice president of client development, correspondent.
Spicer has more than three decades of correspondent and wholesale lending experience. He most recently oversaw Caliber Home Loan’s correspondent lending sales team in the Midwest. The mortgage veteran also held similar positions with MetLife, Bank of America, and Washington Mutual Savings Bank.
“No-one has stronger correspondent relationships or a deeper understanding of our partners’ business needs than Andy Spicer,” said John Keratsis, CEO and president of Deephaven. “His insights will be critical as we redefine non-agency lending in our quest to transform the mortgage industry.”
“This is a terrific opportunity for me to work with some of the best and brightest people in this space,” Spicer said. “I look forward to leveraging Deephaven’s innovative programs into greater correspondent lending success stories in this competitive purchase market. We’ve got the products, service and flexibility to help qualify a larger share of borrowers whose dreams of homeownership go unmet by the traditional mortgage lenders.”