The mortgage lending group working alongside The Bank of Nashville has recruited two teams from SunTrust Mortgage as part of a broader strategy to lure talent from other regional banks.
Alene Gnyp has joined Synovus Mortgage at its West End office as vice president and mortgage loan consultant. Gnyp, on the left in our photo, has more than 20 years of mortgage industry experience focused on medical professionals and was previously with SunTrust Mortgage. Joining her are fellow SunTrust alumnae Marketing Assistant Paige Underwood and Mortgage Production Specialist Elizabeth Drury.
In Green Hills, VP Carolyn Daniels also has joined Synovus from SunTrust Mortgage and brought along Gicola Lane as marketing assistant and Jennifer Houston as production specialist. Daniels also has spent than two decades in mortgage lending and also is focused on medical professionals.
"Health care is a growing segment in Nashville and we're eager to be a part of it," said Jeremy Davis, area director for Synovus Mortgage, adding that both team generate between 15 and 25 loans — most with higher-than-average values — per month. "They've spent 20 years perfecting how to provide great service to medical professionals. Now we get to build the business together."
Davis' team comprises about 20 in all and was boosted about 18 months ago by the recruitment of a group of Fifth Third lenders. To build the medical mortgage business, he already has repositioned one other employee and plans to hire others in the near future.
In addition to the Gnyp and Daniels teams, Synovus Mortgage also has brought on board Justin Frizzell as assistant VP in Cool Springs. Frizzell has 12 years of mortgage lending experience and previously worked at Fifth Third Bank.
Synovus Financial finished the first quarter of this year with $1.50 billion of consumer mortgages on its books, up 8 percent from the year before. Its mortgage interest income fell to $3.5 million from $6.9 million as refinancing activity slowed. Going forward, executives said they expect their mortgage operations "to be relatively stable to increasing from first quarter 2014 levels due to continued benefits from strategic talent additions."