CHICAGO, Ill., April 18, 2019 (GLOBE NEWSWIRE) -- Guaranteed Rate Affinity welcomes John Porath as Divisional Manager of Mortgage Lending for Guaranteed Rate Affinity’s new Southeast division. Porath will manage Florida, Georgia, South Carolina and North Carolina out of the Southeast Operation Center based in Clearwater, Fla.

Photo courtesy John Porath.

Porath has worked in the mortgage industry for more than 31 years and plans to use his expertise in helping the Southeast division grow.

“I couldn’t be more excited to have someone as talented as John leading the charge for us in the Southeast  division,” said David Dickey, Executive Vice President of National Production for Guaranteed Rate Affinity. “We have such an amazing partnership and massive opportunity for growth that it was time to create another division, and John has a history of building tremendous success with loan officers and partners in those markets.”

In his new role, Porath will be responsible for the production, profitability and overall performance of the Southeast region.

“I was thrilled with the opportunity to join the Guaranteed Rate team,” Porath said. “Guaranteed Rate Affinity brings unmatched technology and a winning formula to the table. There is nothing else like it in the business.”

About Guaranteed Rate Affinity

Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Realogy, which has funded more than $100 billion since its inception in 2000 and introduced the World’s First Digital Mortgage in 2015. Guaranteed Rate Affinity is also partnered with Realogy Holdings Corp., which owns some of the most recognized and respected real estate brands in the industry. Guaranteed Rate Affinity originates and markets its mortgage lending services to Realogy’s real estate, brokerage and relocation subsidiaries. Guaranteed Rate Affinity provides unmatched support to Realogy brokers coast-to-coast, assuring their customers receive the fastest pre-approvals, appraisals, and loan closings possible, creating the ability for buyers to move quickly and confidently when purchasing homes in today’s competitive market. The Company also provides the same services to the public and other real estate brokerage and relocation companies across the country -- helping employers improve their employees’ relocation experience by putting the customer first, providing the customer the ease and security of digital mortgages and offering low rates with loans personalized to each customer’s needs. Guaranteed Rate owns a controlling 50.1% stake of Guaranteed Rate Affinity and Realogy owns 49.9%.

CONTACT:

Jennifer Zeidler
VP of Public Relations   
Jennifer.Zeidler@rate.com
(312)-379-3521 

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9e721b41-db8d-4b50-9e40-89d79f0e72b1