Lenders One, a St. Louis-based national alliance of community mortgage bankers, correspondent lenders and suppliers of mortgage products and services, has named Jeffrey R. McGuiness its new CEO.
McGuiness (pictured left) succeeds Scott Stern, former CEO and co-founder. According to a press statement issued by the company, Stern is leaving Lenders One to ‘pursue other entrepreneurial opportunities.’
McGuiness was previously executive vice president of consumer banking and originations at St. Louis-based Aurora Bank, where he managed the consumer deposit and mortgage business units. Prior to joining Aurora, he was executive vice president of direct-to-consumer lending at American Home Mortgage. McGuiness also managing director of correspondent lending at CitiMortgage.
‘I am confident that Jeff's extensive experience in mortgage operations will serve him well as he guides Lenders One into the future,’ says Stern. ‘Jeff will build on the success of Lenders One and constantly strive to find new and innovative ways to offer our members the services and products they need to succeed.’