Eustis Family of Companies Becomes Corporate Parent and Company Launches

New Brands and Expansion With Verity Mortgage, Legacy Mortgage,

Prosperity Mortgage and Expands Finance Home America

New Orleans, LA, September 23, 2016– Eustis Mortgage, one of Louisiana’s oldest mortgage lending companies, is introducing a new way to do business in the industry, redefining its corporate structure and expanding under the new parent name Eustis Family of Companies.

As Eustis Family of Companies, the new corporate structure will consist of Eustis Mortgage Corporation, the parent company, providing necessary business operations and support to its brands throughout the United States. Specifically, it will provide the corporate operational structure, such as operations, compliance, technology, human resources, accounting, and marketing. Eustis will remain headquartered in New Orleans, LA, and the company has expanded and opened new offices in MS, TN, TX, and AL.

"When we developed our expansion plans, we recognized that our employees and the people that we seek share an entrepreneurial spirit and desire to succeed" said CEO, Alan Novotny. "We recognized that if we provide the tools to be successful and let our people run and manage their individual business, they will take that opportunity and run with it.”

"We're extremely excited about this expansion and new corporate structure and have been looking for the right opportunities for some time," says Senior Vice President, Kate deKay, "With the expansion of the business and the launch of new brands, we have found people who share our mission and our passion. As a company, we will support the shared vision of our employees to providing affordable home loans to our clients.”

The following individuals have recently joined Eustis Family of Companies, and will serve and support the Eustis Family:

Debra Dye will serve as the Senior Vice President of Operations in the New Orleans office, and will be responsible for improving operational efficiencies, developing roles and responsibilities for all operations staff along with goals and objectives, which will allow monitoring of productivity, and develop guidelines for personnel evaluations, staff advancement and recruitment procedures. Ms. Dye will be formulating training and incentive plans, maintaining efficient team structure and performance through analytics, processes and tools, maximizing new engagement and working with the leadership team to develop plans to meet future needs.

Lisa Ledet will serve as the Compliance Officer in the New Orleans office, and will administer the company’s Compliance Program.  She is responsible for leading a team to conduct Quality Assurance and Quality Control audits, establishing and reviewing policy and procedures, and will monitor work flows and systems to ensure compliance with federal and state regulations.

Michael Cusimano will serve as the Chief Information Officer in the New Orleans office, and will manage the company's strategic infrastructure and services.  He is responsible for technology strategic planning, managing of the technology budget and the efficient and effective flow of mission critical information throughout the organization.

In addition to the above corporate structure, the following people will lead their respective offices:

Stephen Barton will serve as Vice President of Production and Bryan Marr as Vice President of Operations at Verity Mortgage; Shane Campbell and Brad Parlin, Regional Vice Presidents in the Flower Mound office for Finance Home America, and are developing the wholesale and retail business; Donnie Eden joins as branch manager of Prosperity Mortgage Advisors; and Stacy Hooper joins as branch manager of Legacy Mortgage.