CSB Mortgage Co. Opens Dayton Production Office
CORTLAND, Ohio -- The CSB Mortgage Co., a wholly owned subsidiary of Cortland Banks, has opened a mortgage production office in Dayton, Senior Vice President Paul Snyderman announced Wednesday.
In a prepared statement, Snyderman said, “Expanding our mortgage company into western Ohio is largely due to the robust lending opportunity and construction taking place in the area.”
The CSB Mortgage Co., formed in 2011, purchases high-quality mortgages originated by mortgage brokers, mortgage bankers, banks and credit unions in the Midwest for sale in the secondary markets. Among the 11 states where it conducts business are Ohio, Pennsylvania, Indiana and Kentucky.
Kathy Shaw, named senior vice president of mortgage lending for CSB, will head the mortgage production office, on Washington Village Drive in Dayton. Mortgage Executive Magazine ranked her 54th among the nation’s top 200 mortgage originators in 2012.
Shaw, a 25-year veteran of the financial services industry, was employed by First Place Bank before joining CSB and has closed more than $1 billion in mortgage loans over the last 10 years, Cortland Banks said in its announcement.
CSB plans to add more experienced mortgage loan originators to its staff throughout Ohio, including the Columbus and Cleveland markets, Snyderman said.
Published by The Business Journal, Youngstown, Ohio.
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