Mortgage industry veteran Karen Herr has joined Mortgage Capital Management (MCM) – offering pipeline risk management tools, secondary marketing consulting and hedging/trading services – as senior vice president of sales and marketing.
Herr began her career in mortgage servicing with savings and loans before transitioning to capital markets, where she managed a national team of underwriters for Merrill Lynch Mortgage Capital, securitizing nationwide pools of loans. She also spent 15 years at Chase Home Mortgage as both a successful producer and manager in their first-mortgage correspondent lending and wholesale home equity divisions.
In her new role, Herr will helm MCM's efforts in growing new business while cultivating existing relationships by providing customer support, information and guidance.
