Michael Brennan Named President at Nationwide Mortgage Bankers Inc.
MELVILLE, N.Y., March 18, 2025 /PRNewswire/ -- Nationwide Mortgage Bankers Inc. (DBA NMBNOW), one of the fastest-growing mortgage companies in the United States, has named industry veteran Michael Brennan its new president of sales and operations.
Brennan was previously the president of Movement Mortgage, a South Carolina-based lender where he started as a Northeast regional director in 2015. After becoming president of Movement Mortgage in 2021, Brennan accelerated the company's national expansion through recruiting and acquisition, helping it grow to 5,600 employees with an annual loan volume of $33 billion.
The New Jersey native was also instrumental in growing his prior firm's presence as an Impact Lender, helping the company redistribute 49% of profits back to local communities to fund essential programs, including new charter schools, orphanages, and local charities.
"Michael Brennan's arrival is hugely significant for building upon the strong foundation we have at NMB and now expanding our services across the nation," said Richard Steinberg, Founder and Chairman of NMB. "We are excited to add to the great work Michael did on impact lending alongside Movement Mortgage Co-Founder Casey Crawford. Their efforts to give back to the communities they serve is truly an inspiration and helped propel our efforts to launch the new NMB Cares Foundation."
In his new role at NMB, Brennan will oversee sales and operations for the 500-employee company, which has 29 offices and is licensed in 47 states. He will help spearhead NMB's strategic Affinity Platform, which adds financial wellness benefits through partnerships with organizations across the U.S.
With more than 25 years of mortgage lending experience, Brennan believes that elevating the proper use of technology is crucial to streamlining the modern mortgage lending process, especially in a crowded industry with many companies absorbing multiple layers of revenue instead of working to pass savings back to the customer.
Brennan says he is eager to work with NMB's BuyNOW and e-close platforms that have led the industry with faster turn times and a more streamlined experience for clients and referral partners, especially in highly competitive markets.
"I'm extremely excited to join a forward-thinking team so devoted to making the mortgage process as seamless as possible for clients," Brennan said. "I see a real opportunity at NMB to bring their amazing technology platform and unique business model to high-performing loan officers in towns and cities across the country. They have the flexibility to work with a wide range of customers — first-time homebuyers, people moving up or exploring investment properties — and NMB has all the pieces in place to expand their services to new areas."
Brennan is a key partner in John Maxwell companies like EQUIP Foundation, a nonprofit dedicated to equipping and empowering leaders around the world to live through their values. He is also passionate about serving alongside nonprofits like Empathy & Compassion, International Cooperative Ministries and the Karis Foundation, helping to invigorate families and communities with a heavy focus on developing countries in Central and South America.
NMB ranked in the top 10 in Fortune's Best Small and Medium Workplaces lists each of the last five years, including a No. 1 ranking in the Financial Services and Insurance sector in 2022. It was also selected to People Magazine's "Companies That Care" list. Those honors came on the heels of a record-breaking period of hiring at the company as it reinvested capital into its operational and sales force at a time when many competitors in the industry were downsizing or closing out entirely.
Founded in 2011, NMB started with the vision of demystifying mortgages through transparency, education, and customer support. Its mission is to serve as clients' and referral partners' trusted advisors, guiding them through the home financing process with the highest level of service and professionalism. For more, visit www.nmbnow.com.
Nationwide Mortgage Bankers, Inc NMLS# 819382 (www.nmlsconsumeraccess.org) Equal Housing Lender – 3 Huntington Quadrangle, Suite 403N, Melville, NY 11747 | (833) 700-8884 | www.nmbnow.com; "NMBNOW". "MortgageNow.com" "Americasa" and "Americasa Home Loans" are registered DBAs of Nationwide Mortgage Bankers, Inc ("NMB"). "Americasa" is not a DBA approved in New York but "Americasa Home Loans" is. NMB is in no way affiliated with "Nationwide Mutual Insurance Company". Licensed Mortgage Banker – NYS Banking Department
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SOURCE Nationwide Mortgage Bankers