Business is booming.

Anchor Loans appoints new COO


Most recently, Fraser served as senior vice president for commercial real estate lending solutions at Built Technologies, a provider of construction-finance software. The 30-year industry veteran has also held a number of senior positions in commercial and mortgage lending throughout his career, including EVP of commercial lending at Axos Bank, SVP at Banc of California, and head of residential construction lending at IndyMac.

“Having known Jim for almost 20 years at multiple phases of his career, I’m confident that he will be an excellent addition to our leadership team, helping advance our customer and people-focused culture so we can deliver an exceptional customer and employee experience – the best path to market leadership,” Mathoda said.

“Anchor Loans is in a unique position to help residential developers navigate the intersection between the long-term need for housing and current credit market disruptions,” Fraser said. “This opportunity, the company’s 25-year heritage and Ray’s vision for the future are what attracted me to Anchor. I’m looking forward to working with Ray and the seasoned team at Anchor to develop new functions, processes and technology to accelerate production growth and build customer-centric operations.”

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