Guaranteed Rate has named Craig Lombardi as president of its online division to oversee the company’s loan origination from leads generated through online marketing and advertising channels.
Lombardi replaces Scott Stephen, who has been appointed chief growth officer. In his new role, Stephen will oversee the expansion of Guaranteed Rate Insurance, Ravenswood Title, and the company’s other growth initiatives.
“Craig has the in-depth mortgage, sales, and call center expertise necessary to leverage our platform and is the perfect choice to exponentially grow our online division,” Guaranteed Rate CEO and founder Victor Ciardelli said. “He joins the company at the exact right time with precisely the credentials and background we are seeking for this role. Scott has done a fantastic job nurturing the online division since its inception and will be a huge asset as he transitions to focus on other strategic expansion projects.”
Lombardi joins the company from Quicken Loans, where he most recently served as an executive. He also served as director of mortgage banking for the company for nearly six years. Earlier in his career, Lombardi held roles at Protect America, Revana, and Clearwire.
Stephen has been with the company for six years. Prior to arriving at Guaranteed Rate, he served as the COO for Playboy Enterprises and Yesmail.
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