It is looking to implement an expansion plan
Sound Capital has brought in industry veteran Andrew Platt (pictured) to lead its national expansion initiatives as senior managing director.
The home construction lending company said that Platt’s extensive experience in the mortgage industry is a crucial asset as it looks to extend its operations beyond the 14 states it currently serves.
Sound Capital is gearing up to launch its inaugural bond program by the end of this year or 2025. The initiative is part of a broader strategy to foster regular issuances with Platt at the helm.
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Platt brings more than 24 years of experience to the role. He most recently served as senior managing director of Sun West Mortgage. His career also spans several positions within the mortgage industry at Sprout Mortgage, UBS, Bank of America, and Lehman Brothers.
Sound Capital CEO David Huey commented on Platt’s appointment: “Andrew’s strategic vision and deep industry knowledge are exactly what we need to accelerate our expansion and solidify our position as a national player in construction lending.”
“I’m thrilled to contribute to Sound Capital’s journey toward becoming a leader in the national home construction lending market,” Platt said in the company’s press release.
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