Recently interest rates have declined to their lowest levels since the initial drop in January, 2009. This latest reduction creates a refinance opportunity for homeowners whose current mortgage rate is in the mid 5% range or higher! If you previously considered refinancing but determined your monthly savings would not be sufficient to offset the cost, it is definitely time to take another look. It is likely that your savings will be significant. This latest reduction coupled with outstanding home pricing is also the perfect combination for that new home purchase you have been contemplating. Interest rates are volitile. Don’t miss out on this incredible opportunity. Contact your CFS Mortgage Corporation loan officer today!
CFS Mortgage Corporation has named Drew Buccino as its President and Managing Director teaming with owners and Managing Directors Steve Huml and Chriss Carr. CFS, a 28 year mortgage banker plans to expand its existing operation in AZ while entering other markets including California.
Mr. Buccino has over 20 years of residential real estate, structured finance, and P&L management experience. Most recently, Mr. Buccino was a founding member of Milestone Asset Resolution Company (MARC), a boutique servicing and asset management firm specializing in construction related finance. Prior to working with MARC, Mr. Buccino was an EVP at IndyMac Bank and the CEO of the Bank’s Mortgage Professionals Group, which incorporated all of the Bank’s third party lending activities as well as the Bank’s Warehouse Lending unit, and was directly responsible for credit risk management, sales and marketing, compliance, operations, and financial administration. He also served in senior management positions in both consumer construction and retail lending and Mr. Buccino was a member of the Bank’s Credit Committee. Prior to this, Mr. Buccino was a regional manager with Commerce Security Bank, a Sacramento based thrift. Mr. Buccino began his career as an Auditor with Arthur Andersen in their Los Angeles and Sacramento offices and was a member of the entertainment and telecommunication audit practices.
Mr. Buccino earned a BA from Claremont McKenna College with an emphasis in Accounting and Economics and is a member of the Mortgage Bankers Association Capital and Secondary Markets Committee and its Joint Task Force on Loan Officer Compensation. Mr. Buccino holds a Certified Mortgage Banker designation. Mr. Buccino resides in Scottsdale, Arizona.
