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Sierra Pacific Mortgage sets up builder division

Private independent mortgage lender Sierra Pacific Mortgage Co. Inc. has launched a builder division, which will focus on providing mortgage services for homebuilders.

The company hired Diane Cimarusti-Galigher and Christopher MacNaughton as regional builder managers to support the new home construction teams.

Cimarusti-Galigher will oversee builder accounts in Southern California, while MacNaughton will be in charge of the Northern California accounts.

Previously, Cimarusti-Galigher was senior vice president at BD Holdings, and MacNaughton was regional builder and business development manager at New American Funding.

Mike Seeley, builder branch manager, and Chip Brown, business development manager, will also support the division.