AGM Financial Services Bolsters Midwest Presence With Strategic Hires
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BALTIMORE, Aug. 2, 2024 ~ AGM Financial Services, a nationally licensed FHA lender and GNMA seller/servicer, has recently announced a significant expansion of its operations in the Midwest. This move comes with the addition of two key professionals to their team, strengthening their market presence and lending expertise across the country. The focus of this expansion is to enhance services in the Chicago and St. Louis markets.

Brent Frank has joined AGM as Senior Vice President of Originations, based in the Chicago office. With over 40 years of experience in lending, Brent brings a wealth of knowledge in FHA Market Rate Multifamily, affordable housing, and bridge lending. His impressive background includes serving as a Bank President in the Chicago area and holding senior lending positions at both closely held and publicly traded commercial banks.

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In addition to Brent's appointment, Randall Forguson has taken on the role of Origination Associate for AGM in the St. Louis office. With four years of experience in information systems and virtual infrastructure in San Francisco, Randall brings technical expertise along with a strong customer focus to his new role. He also has three years of direct client experience in originations at a national commercial real estate finance company, making him a valuable asset to the AGM team.

Myles Perkins, President and Owner of AGM, expressed his excitement about these new hires: "We're thrilled to welcome Brent and Randy to AGM. As a boutique firm that prides itself on personalized attention, their localized experience will further enhance the high-touch services we provide our developer clients." Myles also mentioned that with this growth comes new opportunities for innovative solutions for construction loans.

These strategic hires demonstrate AGM's commitment to growth and excellence despite facing challenges in commercial construction this year. Myles is confident that by meeting diverse client needs across the nation, he is positioning the company for continued success in 2025.

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