RICHMOND, VA. (January 24, 2005) - Charter One Mortgage Corp., a full-service residential mortgage lender, has opened an office in Newport News and named Carter Catlett vice president and branch manager. The office is located at 11818 Rock Landing Drive.
Catlett has been in the mortgage banking business in the Tidewater area for 35 years. Formerly with Charter One Mortgage, he returns to the company after serving as president of First Bancorp Mortgage.
Also joining Charter One Mortgage are loan officers Jodie Dalzell, Leslie Rutledge and Daniel Smith. Dalzell was formerly a loan officer with First Bancorp Mortgage. Rutledge was a senior vice president with RBC Century Bank. Smith was a loan originator with TM Mortgage.
The new office is a member of the Virginia Peninsula Association of Realtors and the Peninsula Home Builders Association.
Charter One Mortgage Corp., headquartered in Richmond, Va., is a wholly owned subsidiary of Charter One Bank, N.A., of Cleveland, Ohio. Charter One Bank is a subsidiary of Citizens Financial Group, Inc., a $131-billion commercial bank holding company headquartered in Providence, R.I. Citizens Financial Group is owned by RBS (The Royal Bank of Scotland Group plc).
The operations of Charter One Mortgage Corp. recently were combined with Citizens Mortgage Corp. and Residential Lending at Charter One Bank to form a consolidated mortgage entity. The consolidated company, with loan origination offices in 19 states and approximately 1,300 employees, is among the largest retail mortgage originators in the country.
The company originates and services a complete line of mortgage loans, including FHA, VA, conventional, fixed- and adjustable-rate mortgages, and jumbo loans. Its servicing portfolio includes loans with a total outstanding principal balance of almost $30 billion.