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Eagle Home Mortgage Announces Expansion Into New Markets

Stocks in this article: LEN LEN.B

SEATTLE, Nov. 12, 2013 /PRNewswire/ -- Eagle Home Mortgage, a Seattle-based mortgage banker and financial services subsidiary of Lennar Corporation (NYSE: LEN & LEN.B), today announced its plans to expand into new markets.  Founded in 1984, the company has developed a strong presence in the Pacific Northwest and West Coast and now has 60 retail branches in 12 states.  Combined with its sister company, Universal American Mortgage Company, the organization funded $5.4 billion in residential mortgage loans during the past twelve months. 

A 25-year mortgage industry veteran, Declercq will direct the sales effort for Eagle Home Mortgage for the Eastern seaboard and the Great Lakes.

"We're confident that our brand, local business model and customer-centric culture will appeal to homebuyers and top-tier loan officers across the country," said Jimmy Timmons, President of Eagle Home Mortgage and Universal American Mortgage Company.  "We've hired experienced and talented sales leaders with long standing reputations for building and developing highly productive sales teams in these new markets." 

The company has hired two experienced mortgage executives as Senior Vice Presidents / Regional Managers to lead the expansion efforts: Carol Shapiro and Eric Declercq.

Shapiro, whose responsibility includes Alabama, Colorado, Florida and Texas, has 30 years of leadership experience in sales and operations for Fortune 500 companies.  A 25-year industry veteran, Declercq was most recently a sales leader at MetLife Bank and has a consistent track record of building and managing multi-billion dollar sales organizations. He will be responsible for the Eastern seaboard and the Great Lakes region.

Eagle Home Mortgage offers a variety of conforming conventional, FHA, VA, USDA/Rural Housing and Jumbo home financing programs for single family homes, condominiums and manufactured housing. Through Universal American Mortgage Company, Eagle Home Mortgage is approved directly as a seller and servicer with the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) and Government National Mortgage Association (GNMA).

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