Waterstone mortgage promotes Rico Garcia to VP

Wisconsin based mortgage Waterstone Mortgage Corp. promoted Rico Garcia to vice president of business risk from director of quality control, portfolio risk management and customer management.

In his new role, Garcia will oversee the quality management, title services, specialized incident management and compliance teams at the company. In addition, he will work with other teams to lead cross-training and improve communication with internal and external customers.

“Among other things, Rico’s dedication, skills, and enthusiasm for new challenges have earned him this promotion,” said Stephanie Ziebell, senior vice president of general counsel at Waterstone Mortgage, in a prepared statement. “Rico is a collaborative athlete, highly respected, and has proven success in developing meaningful relationships – both internally and externally.

Garcia’s professional career spans over twenty years in the mortgage lending business, and more than five years at Waterstone Mortgage. He is turn up The company became the managing director in July 2017. Before this, he worked in various roles, including loan originator, installation and secretary. He was the manager of good management c Opus Capital Markets Consultants, LLC and managing director c Armitage Research LLC.

“One of my favorite things about this position is having the ability to learn new areas of our business while working toward a common goal with my teammates and partners,” he said. Garcia said in the statement.

In November of last year, Waterstone Mortgage appointed Chik Quintans his new director of digital marketing and in June, that name Paul Garrigues as its chief financial officer.

Waterstone Mortgage focuses on selling loans, and currently lends in 48 states. A wholly owned subsidiary of WaterStone Bank SSB, which is a wholly owned subsidiary of Waterstone Financial, Inc.

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