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Rate hires Fairway leaders to open Elmhurst mortgage branch
The new Chicago-area location is led by Vito Roppo and Nick Ferrante, who bring $155M in combined production.
HousingWire reports that Rate hired Vito Roppo and Nick Ferrante from Fairway Home Mortgage to lead a new branch in Elmhurst, Illinois, as the company expands its profit-and-loss branch platform.
Rate said the producing partnership branch managers bring a combined $155 million in production, extending the firm’s presence in Chicago’s western suburbs where the pair has established relationships with the local real estate community.
In statements carried by HousingWire, Roppo said Rate’s platform offers technology and support to help deliver an improved experience for customers and real estate partners while enabling continued growth in the region.
Ferrante said the platform allows them to maintain their local business while gaining additional resources, and Rate executive Jim Eboli called the hires a major win for its Midwest operation.