BBVA Compass expands mortgage sales force, taps industry veteran as national
- Bank works to create more opportunities for homeownership
- Jens Lovell named new national mortgage banking sales manager
- Bank hires new mortgage bankers in California, Arizona, New Mexico, Texas
BIRMINGHAM, Ala., June 26, 2014
BIRMINGHAM, Ala., June 26, 2014 /PRNewswire/ --BBVA Compass has tapped
Phoenix-based mortgage industry veteran Jens Lovell as its new national
mortgage banking sales manager.
Lovell is charged with leading efforts to expand the bank's mortgage banking
sales force, including those in low- and moderate-income areas, in key markets
across the bank's Sunbelt footprint: Los Angeles; Phoenix; Albuquerque, N.M.;
Austin, Dallas, Fort Worth and Houston in Texas; and Miami, Orlando and Tampa
BBVA Compass has steadily grown its team of mortgage bankers since the
beginning of the year. Jon Mulkin, executive real estate lending director for
BBVA Compass, said the sales force expansion is a positive development for
"Summer is traditionally a strong season for U.S. home sales, and in their
latest U.S. Housing Flash, BBVA Compass economists agree that as the labor
market continues to improve, so should the housing sector," Mulkin said.
"Expansion of our mortgage sales team will help us give more people the
opportunity to take advantage of a housing market on the move."
Lovell said the bank's vision also is attracting top talent. "Our message is
resonating with mortgage bankers motivated by a desire to build a better
future for people," Lovell said.
Lovell has been with BBVA Compass since 2007, serving most recently as the
bank's area mortgage sales manager for California. He started his career at
First Security Bank of Utah and spent 15 years at Wells Fargo Home Mortgage.
"Jens joined the bank at the start of the financial crisis and was able to
lead his team to solid results in the face of historic challenges," Mulkin
said. "We're confident that our national real estate lending efforts will
flourish under his leadership."
BBVA Compass offers a variety of loan options for homebuyers, including fixed
and adjustable rate mortgages, jumbo loans, government programs, a first-time
homebuyer mortgage and more.
All mortgage loans subject to eligibility, collateral, underwriting and
approval, including credit approval. BBVA Compass is an equal housing lender.
About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned
subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global
financial services group founded in 1857. The Group has a solid position in
Spain, is the largest financial institution in Mexico and has leading
franchises in South America and the Sunbelt region of the United States. Its
diversified business is geared toward high-growth markets and relies on
technology as a key sustainable competitive advantage. Corporate
responsibility is at the core of its business model. BBVA fosters financial
education and inclusion, and supports scientific research and culture. It
operates with the highest integrity, a long-term vision and applies the best
practices. The Group is present in the main sustainability indexes. More
information about the BBVA Group can be found at www.bbva.com.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 684
branches, including 352 in Texas, 89 in Alabama, 78 in Arizona, 62 in
California, 45 in Florida, 38 in Colorado and 20 in New Mexico. BBVA Compass
ranks among the top 25 largest U.S. commercial banks based on deposit market
share and ranks among the largest banks in Alabama (2nd), Texas (4th) and
Arizona (5th). BBVA Compass has been recognized as one of the leading small
business lenders by the Small Business Administration and was recently awarded
the 2013 Celent Model Bank Award for its new core banking platform. Additional
information about BBVA Compass can be found at www.bbvacompass.com, by
following @BBVACompassNews on Twitter or visiting newsroom.bbvacompass.com.
BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC.
SOURCE BBVA Compass
Contact: Christina Anderson, Corporate Communications, Tel. 205-524-5214,
firstname.lastname@example.org, Follow @BBVACompassNews on Twitter
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