Neil Merritt has joined Cornerstone Home Lending as senior vice president of product strategy and development.
Merritt has built a distinguished 21-year career in the mortgage industry, which includes over a decade focused on loan product development and product strategies.
Further, he has been responsible for the development and successful release of hundreds of new loan products, resulting in billions of additional loan sales volume for the loan originators he previously served.
In his new role with Cornerstone Home Lending, Merritt will identify and introduce innovative mortgage loan products and new loan investor opportunities, thereby enhancing the depth and breadth of Cornerstone’s offerings to provide even greater value to clients, loan originators, and business partners.
“We constantly focus on investing in additional ways to support the growth of our loan originators and the success of our business partners,” says Adam Laird, CEO of Cornerstone Home Lending, in a release. “With his proven track record, Neil will be instrumental in propelling Cornerstone to a market-leading position in sourcing new investors and expanding our large portfolio of loan products. We look forward to supporting Neil’s success and providing Cornerstone’s sales teams with more opportunities to cater to the diverse needs of our clients.”
“I’m drawn to Cornerstone for its outstanding culture, mission, vision, and convictions,” says Merritt. “Over the past 35 years, Cornerstone has built a reputation of excellence in the market, and it’s exciting to join a dynamic, multi-faceted financial services company with so many resources at its disposal. I look forward to creating additional investor relationships and mortgage loan products and services, all while supporting the continued success of Cornerstone’s industry-leading loan originators.”
In addition to residential mortgage lending, Cornerstone Home Lending provides full-service, in-house mortgage loan servicing operations under the name Cornerstone Servicing, which combines a superior record of customer care with top-tier technologies.