TMS Funding Adds New Leader for Wholesale Lending

""TMS Funding"":www.tmsfunding.com/ has added a new leader to its wholesale lending division. The company, which serves as the wholesale residential lending channel of ""Total Mortgage Services, LLC"":www.totalmortgage.com/, recently announced that Domenic Melillo has been hired as its vice president of wholesale lending.

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Melillo comes to TMS Funding with more than 30 years of industry experience that spans multiple sectors of the mortgage business including sales management, operations, strategic development, risk management, and secondary marketing. In his new role for the company, Melillo will be responsible for increasing wholesale production, and he will also manage TMS Funding's team of nationwide account executives.

Prior to joining TMS Funding, Melillo was the regional lending manager for ""NYCB Mortgage Company"":https://www.nycbmortgage.com/. While with NYCB, Melillo led all wholesale and correspondent production for the company's Northeast region.

Additionally, Melillo has operated in diverse positions for companies including ""Financial Freedom Senior Funding/One West Bank"":www.owb.com, ""IndyMac"":www.indymacmortgageservices.com/, and ""Genworth Mortgage Insurance"":mortgageinsurance.genworth.com/. While performing as a regional president for IndyMac's correspondent sales division, Melillo delivered annual production totals in excess of $1 billion.

Speaking out on Melillo's addition to TMS Funding, the president of Total Mortgage Services, John Walsh, said, ""Our hiring of Domenic into this new regional production leadership role demonstrates TMS Funding's continued commitment to the wholesale channel as well as the mortgage broker community.""

Continuing his commentary, Walsh added, ""Domenic brings a significant amount of experience in wholesale and correspondent production to TMS Funding and will be an enormous help in delivering on our value propositions of consistent competitive pricing, extensive product knowledge and best-in class technology and service.""