By Alena KairysApr 12, 2023
LINTHICUM, MD, April 12, 2023 – NFM Lending and its Family of Lenders are pleased to announce that Bob Tyson has been promoted to President and Chief Operating Officer (COO), and Greg Sher has moved up into the role of Managing Director for the company.
Tyson has served as NFM’s COO and Chief Administrative Officer (CAO) since 2015. He previously served as NFM’s Executive Vice President of Lending and COO from 2009 to 2013.
Sher moves into the Managing Director role after serving as Chief Business Development Officer for the last 14 years. He is also the Creator, Host, and Executive Producer of NFM TV and the co-creator of the much-heralded Influencer Division.
“I am excited to announce that Bob Tyson has been promoted to President and COO and Greg Sher has been promoted to Managing Director,” said NFM Lending Founder/CEO David Silverman. “Bob’s experience and knowledge is unmatched. He has worked in almost every facet of the mortgage industry, including being a very successful loan originator, before transitioning to capital markets and operations. Greg has proven to be a true visionary in the mortgage industry, especially with regards to recruiting and marketing. With their leadership, NFM navigated through the pandemic and an unprecedented rise in interest rates, and we are now properly positioned to propel to the next level.”
NFM Lending has flourished under Tyson’s leadership: the company has added five divisions, developed a comprehensive servicing portfolio, expanded its product offerings, improved quality control, and transitioned from a whole loan basis model to a hybrid model, including direct agency sales. Tyson’s strategic innovation was crucial in positioning NFM Lending as a nationally recognized top mortgage lender. He boasts over 22 years as a mortgage industry leader, with extensive experience in both the financial and operational aspects of lending. He has held several executive positions throughout his career and has sat on Freddie Mac’s Regional Lender Advisory Board and Loan Manufacturing Operations Advisory Board. In addition, Tyson is a proud Veteran of the U.S. Marine Corps, serving as an officer from 1995 to 1999.
“It’s an honor to step into this role and continue to lead NFM Lending into the future,” said Tyson. “We are positioned for great success due to our leadership group, tech innovations, and most of all, our people. We don’t want to be the biggest, just the best. That means culture comes first and NFM makes it a priority to combine employee satisfaction with business growth.”
As Chief Business Development Officer, Sher helped the company grow from a small correspondent lender with 100 employees to a top 25 mortgage powerhouse boasting more than 1300 employees nationwide. His recruiting and marketing efforts have attracted the attention of some of the leading producers in home lending, who have joined forces with NFM and its family of lenders to propel the company to the forefront of the mortgage industry. In January 2020, he launched the Influencer Division, comprised of some of the top mortgage influencers in social media who have generated over 50,000 exclusive purchase leads through their various channels since inception just 20 months ago. Additionally, in 2017, he launched NFM TV, a media production company dedicated to industry news and featuring top thought leaders in home lending. NFM TV has received recognition nationally, having won several Telly Awards for exceptional story telling surrounding the NFM Salute series, which honors our Veterans.
“I just love this business and can’t wait to see what’s around the bend for all of us in this industry. NFM has always encouraged me to think outside of the box and innovate. This appointment heightens that expectation and I’m ready to meet the challenge head-on.”
NFM congratulates Bob and Greg on these well-deserved promotions and wishes them success in their new roles.
About NFM Lending
NFM Lending is a national mortgage lending company currently licensed in 49 states in the U.S. and the District of Columbia. The company was founded in Baltimore, Maryland, in 1998 by David Silverman and his wife, Sandy. It is currently celebrating its 25th anniversary.
NFM Lending and its family of companies include Main Street Home Loans, Bluprint Home Loans, Freedmont Mortgage Group, Elevate Home Loans, and Element Home Loans. They attribute their success in the mortgage industry to their steadfast commitment to customers and the community. For more information about NFM Lending, visit www.nfmlending.com, like our Facebook page, or follow us on Instagram.
These blogs are for informational purposes only. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. Subject to Debt-to-Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice. Should you have any questions about the information provided, please contact us.