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July 24, 2017 – Pewaukee, Wis. Pete Salamone, a mortgage industry veteran with more than 20 years serving borrowers, has joined Waterstone Mortgage as a regional manager overseeing the company’s growth and recruiting efforts in the southeastern Wisconsin area.

A Wisconsin native, Salamone began his mortgage banking career in 1994 and has worked for several leading mortgage lenders in Wisconsin. His previous roles include national director of business development for Inlanta Mortgage, where he was responsible for overseeing the company’s talent acquisition efforts, and director of production and sales manager for Paragon Home Lending. In 2014, Salamone was named to Mortgage Professional America’s Hot 100 list of people to watch in the mortgage industry.

“Considering his experience and successful track record as a mortgage leader, we are excited to have Pete join our team,” said Waterstone Mortgage President and CEO Eric Egenhoefer. “Pete’s goals and strengths as a leader align strongly with our culture. We expect he will contribute greatly to Waterstone Mortgage’s future success.”

Salamone said he looks forward to growing Waterstone Mortgage’s retail branches and increasing its brand awareness throughout the southeastern Wisconsin area.

“Waterstone Mortgage has such a robust selection of mortgage products, an excellent reputation and an amazing team,” said Salamone. “I’m thrilled to be able to collaborate with such exceptional mortgage professionals and help clients achieve their dreams of homeownership.”

 

About Waterstone Mortgage Corporation
Waterstone Mortgage Corporation is an innovative, strong, and secure mortgage lending company that has maintained a reputation for exceptional service and competitive mortgage financing. Founded in 2000, the company has the ability to lend in 42 states.

In 2016, Waterstone Mortgage surpassed $2.5 billion in annual loan origination volume. The company has been named to the Milwaukee Journal Sentinel’s Top Workplaces in 2014 and 2017, National Mortgage Professional Magazine’s Top 100 Mortgage Employers, Mortgage Executive Magazine’s Top 50 Mortgage Companies to Work For, Inside Mortgage Finance’s Top 100 Mortgage Lenders, Scotsman Guide’s Top Mortgage Lenders, and the Milwaukee Business Journal’s Fastest Growing Firms. Waterstone Mortgage was recognized as an Ellie Mae Hall of Fame Award winner in 2015, 2016, and 2017.

Headquartered in Pewaukee, Wisconsin, Waterstone Mortgage is a wholly owned subsidiary of WaterStone Bank SSB (NASDAQ: WSBF) with assets of more than $1.8 billion. To learn more about Waterstone Mortgage, visit www.WaterstoneMortgage.com.