The Mortgage Division of Presidential Bank announced the acquisition of several mortgage industry leaders, continuing its expansion of mortgage lending services in key Maryland communities. Presidential has been able to avail itself of the opportunities created by turmoil in the financial services industry over the past year to selectively recruit additional talented mortgage executives. Recently added mortgage professionals include:

 

• Keith Brewer, formerly branch manager of the mortgage origination office of BayFirst National Bank in Eldersburg, MD, recently joined Presidential Bank Mortgage as SVP, Mortgage Lending, in the Baltimore market area. Mr. Brewer has been in the mortgage industry for 25 years and significantly grew the BayFirst production as manager of its Baltimore area office. Nine additional loan officers and processors from BayFirst, all with over 20-year experience, have joined him at Presidential, providing exceptional access and service for the greater Baltimore area.

 

• Cody Gaertner, Secondary Marketing and Lock Desk Manager, joined Presidential Bank Mortgage from Compass Analytics, where he served as Hedge Manager. As an advisor to numerous mortgage companies and their Secondary Marketing departments, Mr. Gaertner developed an advanced understanding of Mortgage Capital Markets, fixed income trading, and various risk management techniques, which helped the companies he advised to maximize loan sale profitability and improve their hedge reporting capabilities. In this role for Presidential, he continues to advance Presidential’s capital markets capabilities, improve its originator service and create efficiencies.

 

• Tom O’Keefe joins Presidential Bank Mortgage after managing Mission Mortgage. A life-long Bethesda, MD resident, he has been a leader, mentor, and originator in the mortgage business in the Washington, DC metropolitan area for over 27 years. He has enjoyed multi-year recognition as one the nation’s top lenders by Scotsman Guide and Mortgage Executive Magazine. Mr. O’Keefe will work from Presidential’s Gaithersburg, MD office, serving Montgomery County and surrounding markets.