Andy Peach is the new president and CEO of Waterstone Mortgage.
Peach has more than 30 years of experience in the mortgage lending industry, including leadership roles in retail, consumer direct, correspondent and wholesale production.
Peach most recently served as the managing director and chief production officer for Pacific Union Financial, where he was responsible for managing the company’s retail, consumer direct, correspondent and wholesale production channels.
During his tenure on the Pacific Union executive leadership team, the company experienced substantial growth and expansion prior to its sale earlier this year.
Before his career with Pacific Union, Peach worked for several leading financial services firms including Bank of America, JPMorgan Chase and Lehman Brothers (Aurora Loan Services) in a variety of large-scale regional and national leadership roles.
In his new role with Waterstone Mortgage, Peach will be responsible for all aspects of the company’s business and corporate functions. He will also work with the executive management team to chart the course for future success and growth.
Doug Gordon, president and CEO of parent company WaterStone Bank, says Peach “is an accomplished leader with extensive experience in the mortgage lending industry.”
“His work ethic and vision also align perfectly with Waterstone Mortgage’s overall mission and goals, making him an ideal fit for the organization,” Gordon says in a release.