CBC Mortgage Agency is celebrating its 10-year anniversary by rebranding its correspondent investor and Chenoa Fund Program.
The Chenoa Fund has assisted more than 42,000 families with down payments since May 2013 and operates in 49 states and territories. Roughly 75% of the homebuyers who receive down-payment assistance from CBC Mortgage are first-time homebuyers, and about half are minorities.
“Our rebrand represents our renewed commitment to extending housing programs, including providing down payment assistance for those who are most in need of it,” CBC President Miki Adams said. “We are proud to support economic stability for homebuying families and their communities, and we look forward to continuing this for many more decades.”
At the same time, CBC announced a slew of hires and promotions, including many executive positions. They include:
- Pam Cooper CPA CMB, Chief Financial Officer
- Alicia Wood, Loan Servicing Director
- Cari Zwick, promoted to National Program Director
- Kira Gissell, promoted t Communications, and PR Director
- Dianah Hart, Director of Investor Relations and Fulfillment
- Latrese Flowers, Program Management and Compliance Officer
Women now account for 70% of CBC’s management team, the lender said.
“Our refreshed brand reflects the evolving and inclusive nature of CBC Mortgage Agency, while the design reflects our commitment to breaking down barriers to homeownership,” Adams added.
She also hinted at further announcements to come, saying she looks forward to “unveiling some exciting changes and improvements later this year.”
CBC Mortgage Agency is a Native American housing finance agency and a leading source of down payment assistance for low-to-moderate-income borrowers. It wholly owned subsidiary of Cedar Band Corp., a federally chartered tribal corporation founded by the Cedar Band of Paiute Indians.