New exec is an industry veteran with more than two decades of mortgage banking experience
Union Home Mortgage (UHM) has appointed Phil Buscemi as vice-president of direct lending at its headquarters in Ohio.
An industry veteran with more than two decades of mortgage banking experience, Buscemi spent the last four years as president of JG Wentworth Home Lending, which was acquired by Freedom Mortgage in 2019. In his new role, he has been tasked with expanding UHM’s direct-to-consumer lending business into a nationally-recognized brand.
Read more: Union Home Mortgage taps mortgage vet to spearhead Southeast expansion
“This is a really exciting step in the growth story of our company and signifies a huge milestone for us,” said Bill Cosgrove, president and CEO of UHM. “Phil brings an incredible depth of experience in the development and execution of running a nationwide direct lending operation. Through the hard work of our nearly 1,400 partners nationwide, we have built the foundations of this operation and I know Phil is the guy to lead it and allow us to make homeownership a reality for more people in new and exciting ways.”
“It’s rare to be able to join a company with a such a fantastic reputation that has accomplished so much, but still has such an exciting, growth-oriented future ahead of it,” Buscemi said. “But that’s what I’ve found at Union Home Mortgage. Now it’s time to keep our foot on the accelerator and introduce this spectacular company to the rest of the country.”
