Fernando Ospina has been named president of Alterra Home Loans, an independent mortgage bank and a Panorama Mortgage Group company, headquartered in Nevada.
Ospina joined Alterra Home Loans in 2018 and formerly served as senior vice president of national production.
Ospina held other management positions at Alterra before his promotion to president. He has received numerous industry awards and originated more than $46 million in loans last year.
As president, Ospina oversees the firm’s strategic direction, operational activities, and growth initiatives, while ensuring Alterra continues to provide accessible and tailored mortgage solutions to the Hispanic and underserved communities.
“Fernando is a perfect example and result of our commitment to developing Latinos to assume leadership roles within our organization,” says Jason Madiedo, co-founder and CEO of Panorama Mortgage Group, in a release. “He is what we need and what the market needs, especially given his recent experience working with underserved families in the toughest of times.”
“Fernando not only has tremendous knowledge of mortgage originations, but he’s also strategically and operationally disciplined,” Madiedo says. “The industry is volatile today and requires a more unique leader who can navigate and adapt in the most difficult markets while also embracing innovation – such as Fernando’s efforts to help accelerate our operational center in Mexico, which has given us a competitive edge. People talk a lot about challenging the status quo, but Fernando actually does it. That is something I’m especially proud of.”