U.S. Bank appoints new retail lending leader
U.S.
Bank
appointed
John
Hummel
to
lead
its
East
market
for
retail
home
lending.
Hummel,
who
previously
led
the
correspondent
and
Housing
Finance
Agency
(HFA)
business
at
U.S.
Bank,
will
now
oversee
a
team
of
750
sales
managers
and
mortgage
loan
officers
responsible
for
generating
$7
billion
in
originations,
according
to
a
news
release.
Prior
to
joining
U.S.
Bank
in
2017,
Hummel
served
as
senior
executive
vice
president
at
Pacific
Union
and
as
senior
vice
president
at
CMG
Financial,
where
he
managed
a
team
of
several
hundred
mortgage
loan
originators.
He
also
spent
15
years
in
leadership
positions
at
Citigroup’s
mortgage
division,
where
he
transitioned
from
leading
its
marketing
group
to
heading
multiple
sales
teams.
U.S.
Bank
is
a
consumer
and
business
banking
company
owned
by
US
Bancorp.
It
offers
banking,
investment,
mortgage,
trust
and
payment
services
products
to
individuals,
businesses,
governmental
entities
and
other
financial
institutions.
Founded
in
1863,
U.S.
Bank
is
based
in
Minneapolis.
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