
Veteran mortgage banking and capital markets executive brings more than 35 years of industry leadership
VIRGINIA BEACH, Va., April 1, 2026 /PRNewswire/ -- Atlantic Bay Mortgage Group today announced that Gregory S. Richardson has joined the company as Chief Revenue Officer, where he will lead enterprise revenue strategy and alignment across production, capital markets, product development, and institutional investor relationships.
Richardson brings more than 35 years of leadership experience in mortgage banking and capital markets. In his new role, he will oversee secondary marketing, pricing strategy, pipeline hedging, and investor relationships, while working closely with the company's executive leadership team to support production growth, strengthen capital markets execution, and advance Atlantic Bay's long-term market expansion strategy.
"Greg is a highly respected leader in mortgage banking and capital markets, and we are excited to welcome him to Atlantic Bay," said Brian Holland, Founder and Chief Executive Officer of Atlantic Bay Mortgage Group. "His deep experience managing large mortgage portfolios, leading capital markets teams, and building strong relationships with institutional investors will play an important role as we continue expanding our production platform and delivering disciplined growth across the organization."
Prior to joining Atlantic Bay, Richardson served as Executive Vice President of Capital Markets at Primis Mortgage, where he was a member of the executive leadership team. During his tenure, the company experienced significant growth in annual originations over roughly three and a half years.
Earlier in his career, Richardson held senior leadership roles at MAXEX, Movement Mortgage, and AltaMira Mortgage Partners. At Movement Mortgage, he led the capital markets division responsible for managing a $13 billion annual mortgage pipeline and overseeing loan sale execution across agency and institutional investors.
Richardson also previously served in leadership roles at Wells Fargo Securities and Wachovia Corporation, where he managed a $35 billion residential mortgage portfolio and helped build a $20 billion whole loan acquisition program that generated more than $210 million in excess returns.
About Atlantic Bay Mortgage Group
Founded in 1996, Atlantic Bay Mortgage Group, LLC is a privately held, full-service mortgage lender headquartered in Virginia Beach, Virginia. Atlantic Bay offers a wide range of residential mortgage products, including conventional, FHA, VA, USDA, and jumbo loans, serving homebuyers and homeowners across multiple states. Known for its customer-first culture and commitment to service excellence, Atlantic Bay combines local lending expertise with innovative technology to deliver a personalized mortgage experience. The company is consistently recognized as a top workplace and is deeply committed to giving back to the communities it serves through charitable initiatives and partnerships.
Media Contact:
Claire Lee
SOURCE Atlantic Bay Mortgage Group
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