OceanFirst Bank on Tuesday said it appointed Stephen Adamo as president of residential and consumer lending, where he will be responsible for the growth and expansion of all residential home lending products, consumer lending products and sales, services, loan officers and delivery channels.
OceanFirst Bank N.A., founded in 1902, is a $13.1 billion regional bank providing financial services throughout New Jersey and the major metropolitan markets of Philadelphia, New York, Baltimore and Boston. OceanFirst Bank delivers commercial and residential financing, treasury management, trust and asset management, and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey.
With almost three decades of experience in mortgage banking, Adamo most recently was president of national retail production at Embrace Home Loans, headquartered in Middletown, Rhode Island. Previously, he was head of mortgage, home equity, consumer loan operations & consumer underwriting at Santander Bank, and held executive leadership positions at Weichert Financial Services and Citizens Financial Group.
Joseph J. Lebel III, OceanFirst president and chief operating officer, said: “Steve is a seasoned mortgage and banking professional with an impressive record of significantly growing residential mortgage teams and driving results throughout his career. We are pleased to welcome Steve to OceanFirst.”
OceanFirst has been providing residential home lending products and services for more than 120 years.