Lenders One Mortgage Cooperative, St. Louis, a national alliance of community mortgage bankers, correspondent lenders and suppliers of mortgage products and services, named Jeffrey McGuiness as its new CEO.
McGuiness assumes this position after former CEO and co-founder, Scott Stern, announced in February he would leave the company to pursue other entrepreneurial opportunities.
McGuiness has more than two decades of experience in the financial industry, with particular emphasis in building correspondent, retail and direct to consumer operations.
Most recently, he was executive vice president of consumer banking and originations at St. Louis-based Aurora Bank, managing the bank's consumer deposit and mortgage business units.
Prior to joining Aurora, he was executive vice president of direct-to-consumer lending at American Home Mortgage.
