Monday, December 05, 2011

First Guaranty Mortgage Hires Business Development Exec

First Guaranty Mortgage Corp. (“FGMC”), McLean, Vir., has appointed James Cromartie to the position of Assistant Vice President of Business Development, National Retail Production. FGMC is a national, full-service mortgage lending firm offering retail and wholesale mortgage solutions to clients of varying income and credit types.

In his new position, Cromartie will oversee and grow FGMC’s new Priority Lending Division (“PLD”), intended to provide creative mortgage solutions and specialized customer care. In that role, he will further Identify and develop strategic relationships with key industry entities.

Cromartie comes to FGMC with over 20 years of experience. He was most recently with APD Solutions, a national neighborhood revitalization firm providing services and strategies that impact community development. There, he served as the Director of Business Development. He began his career in Mortgage Operations at Fannie Mae where he created innovative programs for Mortgage Backed Securities. He went on to become a founding member of Fannie Mae’s Emerging Markets team, and served as an Account Manager there for 16 years. He received his bachelor’s degree from Howard University.

“James brings a wealth of experience to FGMC, which will suit our clients well,” said FGMC Chief Executive Officer Andrew Peters. “He has repeatedly demonstrated an innate ability to identify, build and foster a wide range of relationships. He is also adept with creative solutions for his clients, and will represent well FGMC’s core philosophy that our clients are the point of everything we do.”

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