Jeff Pancer joined First Community Mortgage as EVP of Capital Markets, the company announced in a press release.
This is a newly created position at FCM.
“The creation of this position at this level underscores First Community Mortgage’s commitment to enhancing its capabilities and leadership team to better serve its customers and partners, and I am proud to be part of that strategy,” Pancer said.
Pancer brings more than thirty years of experience in secondary markets to the position. Prior to FCM, he held executive positions at HomeBridge Financial Services, both before and after its retail division was acquired by CMG Financial.
His other experience includes FVP, Secondary Markets at Indymac Bank; SVP, Capital Markets Manager at Opteum Financial Services; and VP, Secondary Marketing at First Town Mortgage Corporation.
He has also served as a member of the Fannie Mae Secondary Marketing Advisory Committee, an advisory body for mortgage finance.
“Jeff has made invaluable contributions to the field of capital markets, making him a trusted and respected authority in the field,” says Dan Smith, President of First Community Mortgage. “His track record of success aligns seamlessly with FCM’s commitment to delivering innovative mortgage solutions while maintaining a strong corporate culture.”
Nashville-based First Community Mortgage is a national lender with Wholesale and Retail Divisions. It is a wholly-owned subsidiary of First Community Bank of Tennessee, and won several “Best Places to Work” awards over the past year.
FCM made headlines earlier this year when competitor PrimeLending accused it of poaching 100 employees in 2022, resulting in an estimated loss of $30 million in revenue.