OCMBC, Inc. Addresses Recent Events and Reinforces Commitment to Clients

IRVINE, Calif., Feb. 2, 2025 /PRNewswire/ -- OCMBC, Inc. expresses its deepest sympathies following the tragic traffic accident that occurred in Dana Point on January 31, 2025. Our thoughts are with everyone affected by this heartbreaking event and we intend to monitor the situation closely, responding with care and responsibility in accordance with our company's core values.

In light of these recent events, OCMBC, Inc. announces that Serene Vernon has been placed on administrative leave, and John Hamel, former Chief Capital Markets Officer, has assumed the permanent role of President. This leadership transition ensures continued stability and operational excellence. John's extensive experience in capital markets and strategic growth, product development, loan servicing and his deep industry knowledge will ensure OCMBC's unwavering commitment to clients, partners, and employees remain steadfast.

"This has been a difficult time for everyone affected by this tragic event, and our hearts go out to those impacted," said Rabi Aziz, CEO of OCMBC, Inc. "I have full confidence in John Hamel and our experienced leadership team to guide the company forward while upholding our standards of excellence and dedication to our clients and partners."

"At OCMBC, Inc., we have built a strong foundation of expertise, and I am honored to step into this role alongside our broad and experienced management team," said John Hamel, President of OCMBC, Inc. "Our leadership team is well-positioned to navigate this transition effectively and will continue to uphold the integrity and reliability that our clients expect." said John Hamel, President of OCMBC, Inc.

Continued Commitment to Clients & Partners
During this transition, OCMBC, Inc. remains fully operational with no expected disruptions. Our commitment to delivering exceptional service remains unchanged:

• No Disruptions - Loan processes, approvals, funding and servicing will continue without interruption.
  
  
• Your Point of Contact Remains the Same - All sales executives and operations contacts remain available to assist you.
  
  
• Continued Commitment to Our Clients - We are dedicated to ensuring a seamless experience and upholding our high standards of communication and responsiveness.

Looking Ahead
John Hamel, President of OCMBC, Inc. noted, "We remain fully committed to supporting our clients, partners and employees, and I want to emphasize that our dedicated leadership team is actively working to ensure the seamless continuation of our operations."

OCMBC, Inc. (NMLS #2125) is a leading mortgage lender and servicer, proudly recognized as a Fannie Mae and Freddie Mac Seller/Servicer. Approved by the US Department of Housing and Urban Development, the Department of Veterans Affairs, and the US Department of Agriculture, OCMBC boasts one of the nation's largest NonQM origination channels. OCMBC, Inc is reported by Scotsman Guide as a "Top 5 Wholesale Lender", active in all loan products, and the nation's "#2 NonQM Originator". Licensed and approved in 48 states and the District of Columbia, OCMBC offers a wide range of mortgage products and services to meet the diverse needs of its clients. For more information, visitwww.OCMBC.com.

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SOURCE OCMBC, Inc.