United Shore Financial Services (USFS) has tapped its current president, Mat Ishbia, to serve as its next CEO. He will succeed Kip Kirkpatrick, USFS' present CEO, who will take a seat on the company's advisory board.
Ishbia also heads up USFS' wholesale operation, United Wholesale Mortgage. Under his leadership, the company has grown to become the fourth largest wholesale mortgage lender in the U.S.
Earlier this year, USFS brought its more than 1,200 employees together under one roof at its new state-of-the-art corporate headquarters in Troy, Mich. The move consolidated all of USFS' team members from four locations into a single facility.