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May 20, 2010

CFS Mortgage Corporation names new executive!!

Filed under: Mortgage Banker, Mortgage News, Mortgage loans — Tags: , — admin @ 8:42 pm

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.

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