GenEquity Appoints Executive to Head New California Location

March 28th, 2014

GenEquity Mortgage, a leading mortgage provider, has appointed an experienced executive to lead the company’s expansion into the Southern California region.

Richard Thomas, Vice President and Regional Sales Manager, will develop and manage the growing retail mortgage lending platform for GenEquity Mortgage in the Western U.S. Thomas will be responsible for building the GenEquity mortgage operations and brand throughout California. The first GenEquity Mortgage location is located in Rancho Santa Margarita, California with plans to open additional branches in the coming years.

“We feel confident that Richard is the type of transformational leader that GenEquity needs to promote smart growth. With his experience and knowledge of the southern California market, GenEquity is strategically positioned to make an impactful entrance into the California mortgage arena,” said Mary Legate, President of GenEquity Mortgage.

Thomas brings a wealth of experience to GenEquity Mortgage including twenty five years in the mortgage banking and retail lending industry. Most recently, he was the Southern California Retail Manager with Freemont Bank and previously held the positions of Regional Vice President with Bank of Commerce Mortgage and President of Milestone Mortgage for ten years.