He is charged with growing the firm's correspondent book of business in Texas and surrounding states
Non-qualified mortgage (non-QM) lender Deephaven Mortgage has announced the appointment of Timothy Fisher as vice-president, business development.
Based in Dallas, Fisher has been charged with growing Deephaven’s correspondent book of business in Texas and surrounding states.
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He brings more than two decades of leadership and management experience in mortgage banking to his new role, including a stint at SG Capital Partners, where he helped develop a series of non-QM products. Most recently, he served as vice-president – national accounts for Arch Mortgage Insurance Company. He is also a former president of the Texas Mortgage Bankers Association and is a board member of Promise House, a non-profit shelter focusing on homelessness.
“At a time when correspondents are seeking to increase their non-agency market share, I am excited to introduce them to Deephaven’s flexible and competitive offerings,” said Fisher. “Deephaven leaders are highly respected within the non-agency industry for their innovation, their value-based channel partnerships, and their responsible credit strategies.”
“We are thrilled that Tim has joined us as correspondents seek out ways to penetrate the non-agency market,” said John Keratsis, president and chief executive officer of Deephaven. “These correspondents know him well and trust his growth-oriented insights.”
Fisher’s appointment follows Deephaven’s strategic partnership with mortgage tech provider Lender Price in November – a move that the lender says will allow its correspondents to offer more non-agency products.
