A company that ranks among the 20 largest residential lenders in the country has appointed a new president.
The firm, Fifth Third Mortgage Co., has promoted Michelle Van Dyke to the post, parent Fifth Third Bancorp announced Tuesday. The Cincinnati-based bank-holding company noted that Van Dyke is taking over the job from Bob Lewis, who retires on Sept. 19. Van Dyke currently serves as regional president for Michigan affiliates, the statement said. She joined Fifth Third in 2001 through the acquisition of Old Kent Bank. “Michelle is a terrific choice and uniquely well-suited to lead our mortgage line of business,” Fifth Third Bancorp President and Chief Operating Officer Greg D. Carmichael stated in the news release. “She has extensive background in the mortgage business as well as complete familiarity with our affiliate operating structure.” Van Dyke will report to Chad Borton, who is an executive vice president and head of the consumer bank.
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LinkedIn photo of Michelle Van Dyke
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Van Dyke will oversee a business that originated more than $22 billion in home loans last year and serviced $68 billion as of June 30.
Fifth Third ranked as the 18th-biggest residential originator in the Mortgage Daily Second Quarter 2014 Origination Survey.