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Rick Roque lands at NFM Lending

Mortgage banking executive and industry M&A advisor Rick Roque has taken on a new leadership position at NFM loans.

Roque will lead NFM’s retail growth strategy as vice president of retail, NFM CEO Greg Sher said Friday on LinkedIn.

“Your thought leadership, data-driven market perspective, and unwavering support for mortgages and housing help ensure we continue to conquer many mountains ahead,” Sher wrote in a social media post. “I can’t wait to see what we can do together.”

Roque’s arrival at the NFM comes just months after joining Sierra Pacific Mortgage as Executive Vice President of Retail. Before joining Sierra Pacific, Roque spent about a year and a half in CrossCountry Mortgage and year in New American financing.

Roque co-founded a mergers and acquisitions and retail banking firm focused on mortgage lending. Menlo Co. in 2009 and has also worked in the mortgage technology industry.

Meanwhile, NFM is one of the largest U.S. originators and has made headlines for its Influencer Division. The Maryland-based independent mortgage bank originated about $5 billion in the past 12 months, according to Modex. NFM is licensed in 49 states and Washington, D.C. Its subsidiaries include Main Street Mortgage Loans, BluPrint Mortgage Loans, Increase mortgage loans AND Element Mortgage Loans.

According to data from The Scot’s GuideLast year, NFM was the 21st largest lender in the country, originating nearly 15,600 mortgage loans with a total value of $5.62 billion.