Newport, R.I.-based Embrace Home Loans has appointed Randy Johnson to the newly formed position of senior vice president of corporate development. In this position, Johnson will focus on leading Embrace's acquisition of independent mortgage lenders with originations between $1 billion and $3 billion.
Johnson joined Embrace three years ago and, according to the company, has been involved in developing the company's retail expansion. Prior to joining Embrace Home Loan, Johnson served as CEO of both Market Street Mortgage and Equitable Mortgage Resources.
