Lender Promotes President To CEO

Envoy Mortgage, a Houston-based mortgage bank conducting business through its nationwide retail locations, correspondent lending channel and in-house loan servicing operation, announced that its president, Patrick Walden, has been named president and CEO.  Rick Thompson, who served as CEO of Envoy for six years, remains an owner of the company.

Walden and Thompson joined the company in 2008 in connection with their acquisition of ownership interests in the company and have led Envoy under a dual leadership structure since 2011.  Dana Gompers and David Zugheri, co-founders of the company (previously named First Houston Mortgage) retain ownership interests in Envoy and are active in the day-to-day management of the company.

“I am very confident in our future and committed to our success,” said Walden.  “Envoy is well-positioned for this change.  It comes at a time when all of our business channels are growing impressively and gathering momentum. Recruiting is robust, our associates are engaged and positive, and our financial foundation is very strong,” he said.