Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division.

Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday. Johnson, who most recently led the depository bank’s Southeast division, will report directly to Sprout’s president, Shea Pallante.

Johnson spent two decades at Wells Fargo, leading sales teams in the Miami and Philadelphia regions. Johnson, based in Miami, has also worked at PNC Bank during his career in mortgage banking.

“Michael will help drive our commitment details ⇒

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