Mount Laurel-based Arc Home LLC, a non-qualified mortgage and non-agency lender, on Tuesday announced that Brian Devlin has been appointed as president and will also assume the role of CEO following a transition period with the current CEO, Richard Bradfield, who is leaving the firm to embark on new opportunities.
With more than two decades of diverse mortgage industry experience, Devlin’s extensive background in product development, capital markets and the non-QM space position him as the ideal leader to steer the company during its next phase of growth.
Nicholas Smith, a managing director at Angelo Gordon, manager of Arc Home’s parent company, expressed his enthusiasm for the hire, saying: “Brian is an exceptional leader with a background and strategic vision that align perfectly with the goals of Arc Home. We are confident that, under Brian’s guidance, the company will continue to excel and provide unmatched solutions and service to our clients. Also, I’d like to thank current CEO Richard Bradfield for his dedication to Arc Home over the last five years, bringing it to a Top 10 Non-QM lender.”