Lee Williamson Joins Prospect Mortgage

SHERMAN OAKS, Calif., Jan. 21 /PRNewswire/ -- Lee Williamson, former NFL quarterback for the Houston Oilers, has been hired by Prospect Mortgage as a District Manager for the company's Southeast Region. Prior to joining Prospect, Mr. Williamson owned the Atlanta recruiting firm Bradbury and Williamson, which specialized in recruiting for the mortgage industry.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090617/LA34214LOGO-b)

"My time in the NFL definitely taught me about perseverance, dedication and leadership. These are qualities that are highly valued by Prospect Mortgage, and skills that I will use to create value and growth in my position at Prospect," said Mr. Williamson, who played for Houston from 1993-96.

Mr. Williamson will handle branch expansion and recruiting for Prospect throughout Georgia. He will be based out of Kennesaw, Georgia.

"Lee Williamson's background as a recruiter and an entrepreneur, along with his network of contacts within the mortgage industry that he built over the last 12 years, will contribute to Prospect's plans for growth in 2010.  We also see a huge opportunity for business growth from the large amount of REO properties in the area. Prospect is the preferred lender for many REO asset holders, and as such, we can effectively help turn communities around by building up homeownership once again," said Jose Hidalgo, Southeast Regional Manager for Prospect Mortgage.

About Prospect Mortgage

Headquartered in Sherman Oaks, Calif., Prospect Mortgage is one of the largest independent residential retail mortgage lenders in the United States. It is backed by Sterling Capital Partners, a private equity fund group with over $4 billion of capital under management. Read more about Prospect at www.myProspectMortgage.com.

SOURCE Prospect Mortgage