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News Article

9/28/2009

PrimeLending Hires Mortgage Lending Executive

Gene M. Lugat joins PrimeLending, a PlainsCapital Company, as vice president-regional production manager for the Mid-Atlantic Region. Lugat will oversee production in Maryland, Delaware, Virginia, West Virginia, North Carolina and South Carolina.

PrimeLending’s Mid-Atlantic regional office is located at 1954 Greenspring Drive, Suite 625 in Timonium, Maryland.

“We are fortunate to add someone with Gene’s knowledge and expertise,” said senior vice president Dawn Robinson. “With the substantial growth that we are experiencing, he will be a valuable asset to our company.”

Lugat brings to PrimeLending a strong leadership background with over 25 years of industry experience.

“PrimeLending’s strength and stability are fueling its growth across the country while providing outstanding opportunities for homebuyers and our industry partners in the Mid-Atlantic Region,” said Lugat. “I am excited to help build a high quality, customer focused, professional sales force that will help individuals in our area achieve their goals.”

Lugat is a member of the Maryland Mortgage Bankers Association and served as its 52nd President in 2001. He was named the 2006 “Maryland Mortgage Banker of the Year” by the association.

About PrimeLending, A PlainsCapital Company

Dallas-based residential mortgage lender PrimeLending was founded in 1986. A subsidiary of PlainsCapital Corporation, PrimeLending is the top FHA lender in Texas and the 12th largest FHA lender in the United States. Offering fixed, adjustable rate, FHA, VA and Jumbo loans, permanent construction financing, refinancing and relocation programs, PrimeLending operates more than 165 branches across the U.S. and is licensed to originate and close loans in 48 states and the District of Columbia. From loan application to closing, PrimeLending’s 1,436 employees take pride in providing an exceptional customer experience. Find more information at www.PrimeLending.com. 

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