Mortgage Master Names Donald Henig Managing Director, National Sales
Non-Bank Originator Adds Long-Time Mortgage Industry Leader To Growing Sales Team
WALPOLE, Mass., April 3, 2012 /PRNewswire/ -- Mortgage Master, Inc., a $5 billion non-bank mortgage originator, today named Donald Henig, a fixture in the mortgage banking business since entering the field in 1985, as national sales director.
Based in Walpole, Henig will direct the 250-person sales organization across its 30 branch offices, implementing both online and branch-based sales strategies to boost sales nationally.
"The factor that really attracted me to Mortgage Master is the talented sales team," said Henig. "Last year Mortgage Master had 28 of the top 200 producing loan officers in the mortgage business according to Scotsman Guide. That is an environment in which I can thrive."
Henig in 1987 founded the New York Association of Mortgage Brokers, served as president of the National Association of Mortgage Brokers and was the first broker to serve on the Board of Governors of Mortgage Bankers of America, as well as that organization's executive committee. In addition, he has testified before both the United States Senate and US House of Representatives on mortgage related matters.
As president of Third Party Lending (Internet, Wholesale and Correspondent) with American Home Mortgage (AHM) from 2001-2007, Don and his team produced $300 million in net profits in a single year. He and his teams built the Internet division to the 5th largest in the nation, wholesale to the 6th largest and most profitable, while the correspondent division was on track to originate $12 billion in its first year. Henig said: "I've been very fortunate to work along side some of the best and I greatly look forward to doing the same with the great people at Mortgage Master."
Recently, he was managing director of Recovco Mortgage Management, a large forensic underwriting firm representing many of the largest mortgage lenders in the nation.
Previously Henig founded, built and sold a mortgage banking firm, and a mortgage franchise that he owned.
Based in Walpole, MA, Mortgage Master continues to see strong demand both from continuation of low mortgage rates that are encouraging refinances and renovation as well firming housing prices in most of its markets across the country.
"Don's breadth of experience in the mortgage banker business and his demonstrated ability to create a positive sales culture in small and large organizations make him a perfect leader for our company," said Mortgage Master CEO Leif Thomsen. "He managed divisions representing $60 billion of annual originations at American Home Mortgage. His ability to grow origination expertise and bringing that large company experience into Mortgage Master will help us grow to the next level."
About Mortgage Master
Mortgage Master, Inc. (www.mortgagemasterinc.com) is a Massachusetts Company founded in 1988 by Mr. Leif Thomsen. Since then, the company has grown to become the largest volume lender of mortgages in Massachusetts. Mortgage Master is the country's largest independently owned mortgage company, consistently lending over $5 billion each year. Mortgage Master employs more than 500 employees nationwide, with approximately 250 loan experts providing loans and services in approximately 22 states.
The corporate headquarters is located in Walpole, MA, with satellite offices in California, Connecticut, New Hampshire, New Jersey, New York, Pennsylvania, Maryland, and Rhode Island. Mortgage Master employs more of the top 200 loan officers in dollar volume than any other lender in the U.S.
SOURCE Mortgage Master, Inc.
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