American Financial Resources (AFR) on Wednesday announced the promotions of Robert Pieklo to CEO and Michael Brenning to chief operating officer.

The leadership changes follow the company’s record-breaking first quarter in which AFR said it quadrupled its Q1 2024 loan origination volume, including a nearly 700% increase in production in the wholesale channel alone.

Per Modex data, AFR’s year-to-date mortgage sales volume is $106.82 million.

Pieklo, who was appointed as COO following AFR’s acquisition by Proprietary Capital in February 2024, now steps into the role of leading the company.

“I’m incredibly grateful to step into the role of CEO and details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com