Embrace Home Loans announced that Barry Filderman, Masoud Hosseini and Bill Bray have joined its Rockville, Md., branch as senior loan officers. Branch Manager Elliott Bresler recruited the three mortgage veterans and plans to add more staff to continue building business in the Eastern U.S. Embrace Home Loans originates loans in all 50 states, according to a press release.
Filderman, who has 40 years of mortgage banking experience, specializes in first-time homebuyers and is experienced with all types of mortgage products, including conventional, VA, FHA, USDA and jumbo loans. Hosseini has more than 20 years of mortgage origination experience, including jumbo lending and loan programs for medical professionals. He comes to Embrace from one of the nation’s largest banks, where he was a senior loan advisor.
Bray has 20 years’ experience in the mortgage industry and is well-versed in all mortgage programs and products, including jumbo loans. He previously served as a senior loan officer at one of the country’s largest banks.
“The exceptional customer service is what attracted me to Embrace,” Filderman said in the release. “Embrace is well-known for its quick attention to borrower needs and for treating every customer with the utmost care. Plus, the operations team here is terrific. They really care about seeing loans closed on time.”
Bray said he was drawn to Embrace by its “excellent customer reviews and the variety of mortgage loan products it offers.”
“I’m delighted to join the Rockville branch,” he said, while Hosseini added: “There’s great camaraderie at Embrace. Employees are treated well and are very happy, which I believe passes along to the way loan officers work with borrowers.”
Bresler previously worked for Embrace and returned to the company earlier this year.
“I am very excited to have Barry, Bill and Masoud join our team,” he said. “I came back to Embrace due to its strong leadership and, of course, its legendary customer service. Also, we have the ability to offer borrowers a wide range of loan products with better pricing than is typically seen in the mortgage industry. I’m looking forward to adding more talented mortgage professionals to the Rockville branch.”
Embrace originated $6.4 billion in mortgage loans in 2020, which was a company record and a 70 percent increase from 2019. The company is on track to double its retail production in 2021 and increase business in its consumer-direct and financial institutions group divisions, with a focus on purchase loans.