Paramount Equity Mortgage Expands Sales Division

Top Quote Paramount Equity Mortgage, a Roseville-based company committed to saving its customers money, has expanded their sales and management team to accommodate an aggressive expansion plan. End Quote
  • Sacramento, CA (1888PressRelease) April 04, 2012 - Over the past 12 months, Paramount Equity Mortgage has opened six new branches, increased their sales staff by 37%, and added 67 new jobs company wide. This expansion includes the opening of California branches in Santa Rosa, Irvine, Napa and Walnut Creek. They also opened an additional branch in Vancouver, Washington. This growth is expected to continue throughout 2012 and into 2013 as the company expands nationwide.

    "Families are looking for ways to reduce the costs of their household bills more than ever. We want to make sure that we have the staff in place to assist people in making the right mortgage loan selections whether they are purchasing new homes or refinancing their existing loans," says Hayes Barnard, CEO of Paramount Equity. "We are thrilled with the number of new jobs we're adding in the Sacramento area and throughout the state."

    The most recent notable new hires include:
    Oliver Koch - Chief Operating Officer, Paramount Equity
    Oliver brings a wealth of business knowledge to Paramount Equity and will drive the national expansion of their solar, mortgage and insurance divisions. He has an extensive background in international business operations and management. He started his career at Bertelsmann Group, a multinational outsourcing and media corporation. During his 10 years there, he served in a number of strategic roles within the company's subsidiaries including Managing Director, Chief Operating Officer, and CEO & President. His efforts provided improvements in overall customer service satisfaction, call center efficiencies, implementation of large scale logistics projects, and overall productivity all driven by the use of state of the art technology and IT solutions.

    John Fischer - Executive VP of Sales, Paramount Equity Mortgage
    John's addition to the Paramount Equity team will help further the development and growth of their mortgage sales division. John comes to Paramount Equity with more than 30 years of experience in mortgage banking. He started his career at Bank of America where he spent 19 years in a number of roles including Sales Manager, Project Manager
    and Operations Manager. From there, he joined CitiMortgage (Citibank) as the Western Division Director. Following that, John was a Regional Manager for Washington Mutual, attaining Presidents Club status in 2006 and 2007. In 2009, John joined PNC Mortgage to re-launch the company in northern California, Oregon, Washington, Montana, Nevada, Utah and Colorado.

    Diane Bacon Regional - VP of the Pacific Northwest, Paramount Equity Mortgage
    Diane is a proven leader with over 25 years of experience in mortgage production, operations and retail banking. She successfully built top-performing teams throughout California, Oregon and Nevada for US Bank as their Regional Manager for Northern California. She achieved President's Club status every year, was named Regional Manager of the Year in 2008, and was promoted to Division Manager for California and Oregon in 2010. She also expanded three additional regions and managed over 250 employees. Diane was also a top producer with over $2.5 billion in new loans in 2011.

    Linda Pera and Janet Rollofson - Lending Team, Paramount Equity Mortgage
    This dynamic team has joined the growing company as the Pera-Rollofson Lending Team. Linda and Janet have more than 20 years each in the financial services and lending arena with Wells Fargo and other national institutions. Both will make a positive impact on Paramount Equity's culture and will play an important role in expanding Paramount Equity's jumbo lending platform.

    In addition to the many new hires, Paramount Equity also announced an internal promotion associated with managing its growing team.

    Shelly Gilletti - Vice President of Human Resources, Paramount Equity
    Shelli started at Paramount Equity in 2005. With over 20 years of human resource experience, she has been instrumental in creating a vibrant, award-winning company culture. Her creation of an employee health campaign and wellness fair called "Fit U"; a book club; the "Power of One" volunteer program; an annual company yearbook; and many others exciting programs, has earned the company the Sacramento Business Journal's "A+ Employer Award" for four out of the last five years. Shelli has also been an active member of the Society for Human Resources Management (SHRM) since 2006.

    About Paramount Equity
    Paramount Equity was founded in 2003 with a commitment to saving their neighbors money. Through its subsidiaries, Paramount Equity Mortgage, Paramount Solar, and Paramount Equity Insurance Services, the company has loaned nearly $9B to American homeowners guiding over 50,000 families to greater savings. The company focuses on providing competitive pricing, speed of transaction, and ethical education to customers. Paramount Equity has served the unique needs of customers in California, Oregon, Washington, Utah, Arizona, and Virginia. For additional information on Paramount Equity and its services, visit www.paramountequity.com.

    For more information contact:
    Michele Magee, CMO
    (916) 746-8080
    mmagee ( @ ) paramountequity dot com

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