Real estate

Rick Roque ends up at NFM Lending

Rick Roque, director of mortgage banking and mergers and acquisitions advisor in the sector, has taken on a new leadership position at NFM loans.

Roque will lead NFM’s retail growth strategy as corporate vice president of retail, NFM’s Managing Director Greg Sher announced on LinkedIn on Friday.

“Your thoughtful leadership, data-driven market perspective, and unwavering support for mortgages and housing will help ensure we continue to conquer the many mountains ahead,” Sher wrote in a social media post. “I look forward to seeing what we can do together.”

Roque’s arrival at NFM comes just a few months after he joined NFM Sierra Pacific Mortgage as executive vice president of retail. Before joining Sierra Pacific, Roque worked at the company for about a year and a half CrossCountry Mortgage and an additional year New American financing.

Roque co-founded a mergers and acquisitions and retail mortgage banking firm Menlo Co. in 2009 and has also worked in mortgage technology.

NFM is now one of America’s largest initiators and has made headlines through its Influencer Division. The independent mortgage bank, headquartered in Maryland, has generated about $5 billion in revenue over the past 12 months, according to Modex. NFM is licensed in 49 states and Washington, DC. The subsidiaries include NFM Home loans on Mainstraat, BluPrint Home Loans, Increase mortgage lending And Element Home Loans.

According to data from Scottish guideLast year, NFM was the 21st largest lender in the country, with nearly 15,600 mortgages with a total volume of $5.62 billion.

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