Residential Finance Corporation Appoints David Stein President of Retail Branch Division

COLUMBUS, Ohio, Feb. 19, 2013 /PRNewswire/ -- Residential Finance Corporation, an award-winning nationwide mortgage lender, has named David Stein as president of its retail branch division. The appointment is an expansion of Stein's current role as general counsel. Stein is also a co-founder of Residential Finance, along with Chief Executive Officer Michael Isaacs. In his new role, Stein will lead the continued growth of the company's thriving branch presence throughout the country.  Residential Finance operates in 38 states with 60 branch locations.

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Stein is a seasoned veteran in the mortgage business, and has significant experience in real estate, labor and employment law, as well as civil litigation. Previously, he practiced law for private firms in Ohio, and also was an adjunct professor of law at Ohio State University.  In his newly expanded role at Residential Finance, Stein will oversee the retail branch division's operations, including the legal, compliance, licensing, human resources and marketing functions.

"David is the natural choice to lead the future growth in the retail branch division," said Isaacs. "He has a proven ability to guide with vision and authority, and his understanding of the current landscape makes him ideal for the position. As we continue to grow our retail platform, David will provide the leadership to support our branches, while giving them the competitive edge to win business and grow volume."

Stein has been instrumental in Residential Finance's growth since the company's inception in 1997. He is a nationally recognized speaker on regulatory compliance and banking law and serves as a member of the Advisory Board of Lenders One, and as a task force member of the Mortgage Banking Association (MBA) committee on independent mortgage banking.

Commenting on his appointment, Stein said, "Our focus is pure and simple: to deliver excellence in customer service at all our branch locations. By continuing to strengthen our service departments and back office support, we are processing loans with greater consistency, efficiency and speed, ultimately pleasing our customers with optimal results."

A licensed attorney in Ohio and Florida, David earned his undergraduate degree from The Ohio State University and graduated cum laude with a law degree from Capital University Law School.

About Residential Finance Corp. (RFC)
Founded in 1997, Residential Finance Corporation (www.ResidentialFinance.com) offers homeowners and homebuyers nationwide a wide range of home mortgage loan options, including special lower-rate government-insured FHA and VA loans, jumbo mortgage loans, and reverse mortgages. The company's highly-trained staff delivers mortgage expertise and customer service excellence, winning the company many awards, including Columbus Business First Corporate Caring Award, Columbus Business Journal Best Place to Work, Florida Trends Best Company in Florida, American Business Award Sales Department of the Year, Inc Magazine INC5000 Fastest Growing Company, and American Society of Training and Development Excellence in Practice. Headquartered in Columbus, Ohio, Residential Finance has branches throughout the country, and is seeking loan officers and branch managers to join their network of branches. For more information about these positions, please visit MyRFCCareers.com or email [email protected]. NMLS#1652. Equal Housing Lender. Equal Opportunity Employer.

Press Contact
Mary McGarity
Strategic Vantage Mortgage Public Relations
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203-513-2721

SOURCE Residential Finance Corporation