MILFORD, CT – January 25, 2012 – (RealEstateRama) — TMS Funding, the wholesale residential lending channel of Total Mortgage Services, LLC, announced today the hiring of Domenic Melillo as Vice President of Wholesale Lending. Mr. Melillo joins TMS Funding with over 30 years of success in mortgage sales management, operations, strategic development, marketing, risk management, and secondary marketing management. In this new role at TMS Funding, Mr. Melillo will be focused on increasing both wholesale production and TMS Funding’s team of Account Executives throughout the United States.
“Our hiring of Domenic into this new regional production leadership role demonstrates TMS Funding’s continued commitment to the wholesale channel as well as the mortgage broker community,” commented John Walsh, President of Total Mortgage Services. “Domenic brings a significant amount of experience in wholesale and correspondent production to TMS Funding and will be an enormous help in delivering on our value propositions of consistent competitive pricing, extensive product knowledge and best-in class technology and service.”
Mr. Melillo joins TMS Funding from NYCB Mortgage Company, where as a Regional Lending Manager he was responsible for all wholesale and correspondent production in the Northeast Region. Previously, Mr. Melillo was a Vice President, Wholesale-East at Financial Freedom Senior Funding/OneWest Bank, where he managed a team of nine managers in 19 eastern states generating a significant percentage of the firm’s wholesale reverse mortgage production. Prior to this position, Mr. Melillo was a Regional President at IndyMac Bank Correspondent Sales Division, where he was responsible for the management and coordination of all sales and marketing resources in the Northeast Region and consistently delivered annual production in excess of $1 billion. During his career, Mr. Melillo was also employed by Genworth Mortgage Insurance, where he held various positions with increasingly responsible, ending as the Senior Vice President of National Sales and Marketing.
For more on TMS Funding, please call 1-888-371-2989 or visit http://www.tmsfunding.com.
About TMS Funding
TMS Funding, a wholesale lender, is an emerging leader in the wholesale mortgage industry with a focus on developing long-term relationships with quality mortgage brokers and is committed to offering industry leading customer service, technology, and competitively-priced products. The objective of TMS Funding is to enable its mortgage broker partners to better serve their customers and respond to individual client needs. For more information on TMS Funding, please visit http://www.tmsfunding.com.
John Lovallo, SVP
Levick Strategic Communications
or email at