Shore Financial Names David Hall President of its Retail Mortgage Division Nationally Recognized Industry Leader Hired To Grow Business Birmingham, Michigan, May 23, 2011—Shore Financial Services, Inc., one of the nation’s leading mortgage lenders, has hired David Hall as President of its expanding retail mortgage division and will integrate his mortgage lending company, Hall Financial Corporation, into Shore Financial. Shore Financial Services’ Chief Executive Officer Kip Kirkpatrick made the announcement.
“After a nationwide search to fill this vital position, we strongly felt that David Hall is a proven, highly respected executive whose leadership in retail matches our prominence in wholesale lending,” said Kirkpatrick. “With this appointment and the integration of Hall Financial Corporation into our firm, Shore Financial continues its series of bold steps designed to capitalize on opportunities in the mortgage lending industry.”
Robert Rahal, immediate past president of the retail mortgage division, is being promoted to Vice Chairman of Shore Financial, with responsibility for strategy and product development.
Within the past six weeks, Shore Financial has also named financial services executive Kirkpatrick its Chief Executive Officer and Michael Jones its Chief Financial Officer. Kirkpatrick, a successful investor in highly regulated industries, is focused on building Shore Financial’s resources and national presence.
Hall, who has nearly 15 years experience as a senior executive in the mortgage industry, emphasizes the unique nature of the opportunity he sees in joining Shore Financial.
“My passion is to combine strong product offerings with exceptional personal service to customers,” Hall said. “As a national leader with outstanding infrastructure and financial resources, Shore Financial offers an unprecedented opportunity to put that philosophy into action and set a new standard for the industry. Joining Shore Financial was an opportunity I simply could not pass up.”
Hall noted that he will be looking to recruit and retain additional talent and grow the organization in Michigan. “This new chapter in my career is very exciting and I look forward to re-energizing the industry and commit to major growth in all areas of our business,”Hall said. Hall also noted that he is joining an already strong management team at Shore Financial. In addition to Hall and Jones, the senior team reporting to Kip Kirkpatrick now includes Mat Ishbia, president of United Wholesale Mortgage; Kathy Welty, Shore Financial’s Chief Operating Officer; and, as noted, Robert Rahal, immediate past president of Shore Mortgage.
About Shore Financial Services, Inc.
Headquartered in Birmingham, Michigan, Shore Financial Services, Inc. provides mortgage services to consumers through Shore Mortgage and to brokers through United Wholesale Mortgage. Privately held, Shore Financial has operations in 47 states and the District of Columbia. More information about Shore Financial’s operating groups is available at www.shoremortgage.com and www.uwmco.com.