Bank of America Appointed John Hummel to lead its eastern retail home loan market. Hummel, who previously led U.S. Bancorp’s agency and housing finance agency (HFA) businesses, will now oversee a team of 750 sales managers and mortgage officers responsible for raising $7 billion, according to a press release. USD funds.
Prior to joining U.S. Bancorp in 2017, Hummel served as senior executive vice president at: Union Pacific and served as Senior Vice President China Merchants Financewhere he manages a team of hundreds of mortgage originators.
He also held leadership positions in the following companies for 15 years: Citigroup’s mortgage division, where he transitioned from leading the marketing team to leading multiple sales teams.
US Bank is a consumer and business banking company owned by U.S. Bank. It provides banking, investment, mortgage, trust and payment services products to individuals, businesses, government entities and other financial institutions.
U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis.