Top exec jumps ship to spearhead growth of lender's wholesale and correspondent divisions
Non-QM lender Deephaven Mortgage has recruited chief operations officer Aaron Drago (pictured) from Guaranteed Rate.
Joining as COO, Drago will be in charge of the continuous optimization and performance of Deephaven’s daily operations. He will focus on driving long-term, sustainable growth and maximizing the satisfaction of Deephaven’s wholesale customers and correspondent partners.
“Aaron combines a depth of operational experience with a focused and disciplined approach to process optimization,” said John Keratsis, president and chief executive officer of Deephaven. “This will serve Deephaven well as we scale operations to meet strong demand for our products.”
Drago comes to Deephaven after nearly two years at Guaranteed Rate, where he led the company’s Southeast and Mountain West fulfillment service divisions. Prior to that, he held various leadership roles at several mortgage banks, including Wells Fargo, TD Bank, and Bank of America.
“Deephaven already differentiates itself through its agility and highly responsive service,” Drago said. “In nautical terms, we’re a yacht, rather than a cruise ship, with the flexibility to make changes that cater to customers’ emerging needs. I’m excited to help us innovate our operations and leverage technologies to build on that advantage—and ultimately empower brokers and correspondents to serve more non-QM borrowers.”
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