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Growing Again, Oak Street Mortgage Hires Director of Correspondent Lending
Jan. 26, 2004 — Indianapolis, Indiana — Mike Ford, Director Wholesale Lending, Oak Street Mortgage, announced that Ed Waller has been hired as Director of Correspondent Lending. In this new role, Waller's primary responsibilities will be to create a third production channel for Oak Street. The newly formed correspondent channel will support Oak Street's continual growth."
Ed comes to Oak Street with a tremendous background," stated Ford. "Ed's depth of experience in the mortgage and consumer lending industries will help Oak Street stay on track towards our growth goals. I look forward to having Ed as part of our Oak Street team."
Waller, who holds a degree from the University of Kansas, has over 23 years of
experience in the consumer and mortgage lending business with a successful track
record. His career includes VP Correspondent Lending with The CIT Group, Inc.,
Executive Vice President Financial Services and Senior Vice President Home Loan
Services with Bank One.
One of the key reasons Oak Street brought Waller on-board is his expertise in strategic and operational planning. Waller brings a number
of critical skills to Oak Street, including strategic and operational planning,
building lines of business, creating de novo business strategies and managing
the integration of independent delivery channels. "I look forward to leveraging
my background and skills to contribute to Oak Street's growth," Waller stated. "The
management team has a real focus on their business, a great knowledge of the
industry and is willing to let employees contribute significantly to the company."
Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for
home purchase, mortgage refinancing, and debt consolidation. An outstanding customer
experience, along with a fast, simple loan process, has made the company a leading
player in the mortgage industry since it's founding in 1999. It now spans 26
states and expects to originate $2.0 billion in mortgage loans in 2003. To reach
a loan specialist at Oak Street, customers may call Oak Street's national toll-free
number, 1-800 LOAN NOW. Additional information can be found at www.oakstreetmortgage.com.
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Oak Street Announces Jeff Reinoehl as Regional Manager - Northeast Retail Sales
Jan. 20, 2004 — Indianapolis, Indiana —
Glenn Brunker, Executive Director Retail Sales, announced that Jeff Reinoehl
would be joining the Oak Street Mortgage team as Regional Manager for the Northeastern
Retail Sales Region. Reinoehl will be responsible for overseeing the entire retail
sales operations in the Northeast. He joins Oak Street Mortgage from Creations
Title, where he most recently held the senior leadership position. Just prior
to joining Creations Title, Reinoehl was a member of Oak Street Mortgage’s
marketing team.
“We are looking forward to having Jeff back on the Oak Street Team,” stated
Brunker. “His knowledge and experience will add tremendous value across
all areas of our Retail Sales operation. He will be a major asset in growing
the business.”
Reinoehl will initially focus on continuing the Northeastern Region’s contributions
to Oak Street’s retail mortgage lending business, which collectively proved
to be one of Oak Street’s leading regions in 2003. Once this goal is achieved,
his focus will be to seek further expansion opportunities throughout the Northeast.
“I am excited about coming back into the Oak Street family,” said
Mr. Reinoehl. “In
this recent boom in the mortgage industry, Oak Street Mortgage differentiated
itself by providing a customer-focused approach to mortgage lending. It’s
proving to be a winning formula, one which I’m looking forward to leveraging
across the Northeast.”
Reinoehl received his degree in Economics and Business Administration from Kalamazoo
College. He has 10 years of experience in the financial services and mortgage
lending industry and has held a broad range of management positions throughout
his career. He has served in Branch Manager, Senior Sales Manager and Regional
Director management positions for Norwest Financial, Bank One, and Household
Finance.
Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for
home purchase, mortgage refinancing, and debt consolidation. An outstanding customer
experience, along with a fast, simple loan process, has made the company a leading
player in the mortgage industry since its founding in 1999. Oak Street
now spans 26 states and originated more than $2.0 billion in mortgage loans in
2003. To reach a loan specialist at Oak Street, customers may call Oak Street’s
national toll-free number, 1-800 LOAN NOW. Additional information can be found
at www.oakstreetmortgage.com.
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Oak Street Mortgage Hires Portfolio and Pricing Manager
Jan. 5, 2004 — Indianapolis, Indiana — D.
Scott Clarke, Executive Director of Oak Street Mortgage, announced that David
Kroeger, a financial services industry veteran, has been hired as Portfolio and
Pricing Manager. In this newly created position, Kroeger will help Oak Street
focus on the development and management of their portfolio company wide. Kroeger’s
primary responsibilities will be in scenario and cash flow modeling for Oak Street’s
portfolio as well as bulk package pricing.
“Dave has extensive experience in modeling portfolio performance,” stated
Clarke. “He has a strong background in financial services as well as the
mortgage industry. I believe he will be a significant contributor to Oak Street
and I am looking forward to having him as part of our team. The addition of this
new position offers us yet another dimension to managing the business.”
Kroeger, who holds an MBA in Finance from Indiana University and a BA in Economics
from DePauw University, has over 18 years of experience in corporate pricing
and portfolio management. He began his career as a Financial Analyst with Circle
Business Credit, Inc. before joining Bank One Corporation in 1990. Most recently,
Kroeger held the position of Manager, Portfolio Acquisitions, Asset Strategy
and Secondary Marketing with Bank One Secondary Markets in Indianapolis.
“Joining Oak Street Mortgage is a great opportunity,” said Kroeger. “There’s
a lot of growth and potential here. What sets Oak Street apart for me is their
ability to focus not only on growing the business, but also on their customers.
I’m looking forward to being part of this winning team.”
Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for
home purchase, mortgage refinancing, and debt consolidation. An outstanding
customer experience, along with a fast, simple loan process, has made the company
a leading
player in the mortgage industry since its founding in 1999. Oak Street now
spans 26 states and originated more than $2.0 billion in mortgage loans in
2003. To
reach a loan specialist at Oak Street, customers may call Oak Street’s
national toll-free number, 1-800 LOAN NOW. Additional information can be found
at www.oakstreetmortgage.com.
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