Cobalt Mortgage Appoints Becky Russell Manager of Reno Branch

RENO, Nev., March 26, 2014 /PRNewswire-iReach/ -- Cobalt Mortgage, one of the largest privately-owned mortgage lenders in the US, has appointed Becky Russell to lead its Reno, Nevada branch. With more than 20 years of experience in the lending industry, Becky is uniquely qualified to increase the company's presence in Northern Nevada.

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Cobalt's Rocky Mountain Region Manager Nancy Smith said, "We're excited to tap Becky's extensive sales and management expertise to energize our Reno team. Her established relationships with local real estate professionals and community leaders will allow Becky to recruit additional top-notch loan officers to expand Cobalt's customer base in Northern Nevada and surrounding markets."

With experience as a top producing mortgage originator and having managed the staff at several large bank branches, Becky is adept at developing highly motivated sales teams. "With Becky's depth of experience in sales management and training, we're confident that she is the leader we need to broaden the availability of Cobalt Mortgage's products in Nevada," said Dave Bochsler, National Sales Executive for Cobalt Mortgage. "She will be working to grow the branch staff and contribute to the greater Reno community's economic growth."

Becky was attracted not only by Cobalt's track record as a responsible lender, but also by its employees' innovative spirit. "Especially in this environment of tighter regulations, I was impressed with Cobalt's ingenuity, such as using efficient software tools and systems to simplify the lending process for borrowers," she said. "By being more responsive and nimble than some of the largest lenders, we can adapt to changes more quickly while staying focused on meeting clients' needs. I'm eager to expand our team of loan originators to help extend this advantage to home buyers in the Reno-Sparks metro area."

About Cobalt Mortgage:

Cobalt Mortgage has provided financing to thousands of home buyers. Founded in 2001, the firm has a decade-long reputation of responsible lending. One of the largest privately-held mortgage banking firms in the US, Cobalt has offices throughout the United States, including Arizona, California, Colorado, Idaho, Louisiana, Nevada, Oklahoma, Oregon, Texas, Utah, and Washington and is licensed in 15 states. With strong leadership provided by co-founders Keith Tibbles and Ernie Gehre, the company is dedicated to responsible lending practices, community involvement, and education. As corporate supporters of the Boys & Girls Club, and the Cobalt Cares Foundation, the company makes a positive impact in the communities where it operates.

Cobalt Mortgage is licensed in Arizona, California, Colorado, Idaho, Louisiana, Michigan, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, and Wyoming.

Website: www.cobaltmortgage.com

Cobalt Mortgage, Inc., NMLS Unique Identifier: 35653.

Contact:

Jeff Bell, Executive Vice President, Director of Production Services

11241 Slater Ave. NE, Suite 110

Kirkland, WA 98033

425.406.2480

[email protected]

Media Contact: Nancy Smith, Cobalt Mortgage, 970-212-9002, [email protected]

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SOURCE Cobalt Mortgage