December 27, 2014 10:56 PM ET

Thrifts and Mortgage Finance

Company Overview of United Shore Financial Services, LLC

Company Overview

United Shore Financial Services, LLC, a mortgage bank, provides residential mortgage lending services in the United States. It offers direct to consumer lending services; online mortgage services for consumers; fixed rate, adjustable rate, Federal Housing Association (FHA), Department of Veteran Affairs (VA), and jumbo mortgage loans to home purchasers; and conventional, FHA, United States Department of Agriculture, VA, and jumbo loans for wholesale markets. The company’s loans are available through a network of brokers. United Shore Financial Services, LLC was formerly known as Shore Mortgage Financial Services Inc. The company was founded in 1984 and is based in Birmingham, Michigan.

770 South Adams Road

770 South Adams Road

Birmingham, MI 48009

United States

Founded in 1984

Phone:

248-433-3300

Fax:

248-433-3646

Key Executives for United Shore Financial Services, LLC

Chief Executive Officer and President
Chief Financial Officer
Chief Operating Officer
President of Shore Mortgage
President of Capital Mortgage Funding
Compensation as of Fiscal Year 2014.

United Shore Financial Services, LLC Key Developments

United Shore Promotes Justin Glass to Chief Digital Officer

United Shore appointed Justin Glass to Chief Digital Officer. The newly created position is another signal of the company's focus on innovation and unparalleled client service experiences.

Mark Hammond Joins United Shore Financial Services as Co-Chairman

United Shore Financial Services announced that Mark Hammond will be joining the company as co-chairman. Hammond will work closely with Jeff Ishbia, current chairman and founder of USFS, in leading the 27-year-old company. Hammond is best known for being a member of the founding management team at Flagstar Bank, where he served in multiple roles including chief executive officer, president and vice chairman. He has also served on the advisory board for Fannie Mae, Freddie Mac and Real Estate One. Currently, Hammond is a managing partner of Alidade Capital, a Michigan-based private equity firm.

United Shore Financial Services, LLC Appoints Mat Ishbia as New CEO

United Shore Financial Services, LLC announced the appointment of Mat Ishbia as new CEO. He already serves as president of the company and the wholesale unit. Current United Shore CEO Kip Kirkpatrick will transition from running day-to-day operations to taking a seat on the company's advisory board.

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Recent Private Companies Transactions

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