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Cornerstone Capital Bank Forms Joint Ventures with Texas, North Carolina Homebuilders!
Cornerstone Capital Bank is opening a Community Lending Division, which has a mission to create homeownership opportunities for underserved groups and aims to help 1,000 families purchase homes in its first year. This division is headed up by Jessie Jackson and Rod See, senior vice presidents and co-managing directors and it will be based out of Arlington, Texas, operating in 45 states and the District of Columbia. It had been a non-bank lender until 2022, when the Houston-based mortgage banking unit Cornerstone Home Lending acquired Roscoe (Texas) State Bank. "This initiative reflects Cornerstone's commitment to creating solutions that make a lasting difference," said Adam Laird, CEO-mortgage banking at Cornerstone Capital Bank, in a press release. "By expanding access to housing, we are fulfilling our mission of building stronger communities through exceptional service and personal engagement." The bank pointed to the disparity in homeownership rates among non-Hispanic whites (73.8%) compared with Asian Americans (63%); Hispanic Americans (49.8%) and Blacks at 45.9%. "These numbers highlight the urgency of our mission," said Mark Dinkins, regional senior vice president of Cornerstone Home Lending. "By addressing the barriers that have historically limited access to homeownership, we aim to create meaningful opportunities for families in every community we serve."
Scotsman Guide just listed Cornerstone Capital Bank as one of its Top 25 Workplaces!
We made the top 10 list of banks with the largest wholesale origination volume in Q3!
Cornerstone’s Scott Almy and Adam Laird: Success Amongst the Rough Mortgage Waters
Cornerstone Home Lending, a division of Cornerstone Capital Bank—has promoted Jay Crowell to President of National Retail Division. Crowell will drive the strategy and continued growth of Cornerstone's national retail and Realtor affiliate sales and operations.
Bank with Confidence Financial institutions across the country depend on the strength of Cornerstone Capital Bank to meet loan growth and diversification objectives, generate meaningful returns on excess liquidity, and serve their customers’ home mortgage needs. Our institutional banking team delivers seamless experiences for the community banks, credit unions, trust companies, and investment firms they serve.
Celebrating Two Years of Cornerstone Capital Bank!
Cornerstone Capital Bank - One of the fastest growing banks in the country!
Cornerstone Capital Bank, a national provider of mortgage origination and servicing solutions and consumer, commercial and institutional banking services, has expanded its leadership team with seven key hires, further strengthening its growing financial services franchise. Patrick Ramsier has joined Cornerstone as president, capital markets CRE, bringing over 35 years of commercial real estate finance experience. As Senior Vice President of Strategic Partnerships, Mike Lorio is spearheading the nationwide expansion of Cornerstone’s world-class Homebuilder Partnership business. Noah Elrod brings over 15 years of industry experience as Senior Vice President and Director of Treasury Services. Dana Abernathy joined as Vice President of Loan Servicing Business Development, where she will be expanding the company’s mortgage loan servicing operations. Cara Williams joined Cornerstone as Senior Vice President, Chief Compliance Officer. Gina Darcy joined as Senior Vice President, Managing Director, Project Management & Risk Reporting. Lastly, as Vice President of Marketing, Thu-Lynn “TL” Nguyen will be responsible for expanding Cornerstone’s market and brand presence and developing its enterprise-wide sales teams