Vandad Fartaj has joined retail mortgage lender CrossCountry Mortgage (CCM) as chief investment officer.
In addition, William Chang has joined the lender as chief capital markets officer while Tom Rettinger has joined as chief portfolio risk officer.
Each has an extensive background in mortgage finance. In their new roles, the three will lead CCM’s capital markets and investment-related activities, which include the development and execution of investment strategies, secondary market activities, risk management, and hedging activities.
“CCM welcomes Vandy, Will and Tom during an exciting time for our company,” says Ron Leonhardt, founder and CEO of CCM, in a release. “They bring deep industry knowledge, relationships and unparalleled expertise in navigating complex capital markets. We’re excited to bring them onboard as we work to enhance CCM’s growth and investment strategies.”
CrossCountry Mortgage currently has more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico.
It offers more than 120 mortgage, refinance and home equity solutions – ranging from conventional and jumbo mortgages to government-insured programs from FHA and programs for Veterans and rural homebuyers – and is a direct lender and approved seller and servicer by Freddie Mac, Fannie Mae, and Ginnie Mae.