Cherry Creek Mortgage, a subsidiary of Cherry Creek Holdings, appointed Dave Sale to the position of vice president of vendor management, the company announced in a release.
Sale brings more than 30 years of mortgage and financial services experience to Cherry Creek Mortgage, where he will be responsible for third-party risk management and oversight of the company’s strategic partners. Prior to joining Cherry Creek, Sale had the same role at Covius Holdings for six years and served as principal of Vendor Management Solutions, which he co-founded in 2008, the company said.
Cherry Creek Holding’s vendor management office provides Cherry Creek Mortgage with compliant and centralized third-party risk management services to drive improved performance and create measurable value for the business and its clients and partners.
“The advantage of a results-oriented vendor management approach is that our vendors help us and we, as the client, focus on what we can do to help them perform successfully,” Sale said in the release. “We play a big role in that process, and many times it’s undervalued. We want to make sure we are all doing the right things in the right way.”
“It’s great to be back in the mortgage lending environment and working with a company that is so committed to everyone’s success,” Sale added. “I love it."
Founded in 1987, Cherry Creek Mortgage provides FHA, conventional and jumbo purchase and refinance mortgage loans.
“Dave’s deep experience in vendor and risk management will help both Cherry Creek and our vendors improve performance,” Cherry Creek Mortgage Chief Operating Officer Rick Seehausen said. “He is a great addition to our team, and I know our vendors will enjoy working with him.”