We are excited to announce that Merced Cohen, EVP of Operations at CIVIC, has been named among the 2022 Powerful Women of Mortgage Banking by Mortgage Banker Magazine. This accolade, awarded to a select group of only 35 winners, pays tribute to women who are making an impact and serving as excellent mentors to the next generation of mortgage bankers.

Mortgage Banker Magazine asked readers and industry professionals to nominate women who symbolize the esteemed title of a 2022 Powerful Women of Mortgage Banking. The publication set out to find the most talented, ambitious, innovative, and philanthropic women who are achieving excellence and making a difference in these traditionally male-dominated industries.

Merced joined CIVIC in March 2017, brining over 30 years of experience and an innate ability to apply disciplines from the conventional lending to the private money space that helped CIVIC achieve efficiencies and reductions in cost per loan, while also increasing annual volume. She currently oversees teams responsible for sales support, processing, valuations, underwriting, closing, quality, risk management, vendor management, construction financing, and people and culture.

Her passion for people, diversity and strong commitment to elevating others has helped shape CIVIC's award-winning culture into what it is today. Aside from her massive contributions to developing new departments and breaking funding records, Merced has played an instrumental role in helping to grow leaders who also embody her influential methodologies. Through exercising the beauty of feedback and constructive criticism, Merced created a safe environment for CIVIC team members to grow and thrive. Her holistic leadership style provides equally rewarding opportunities for both personal and professional growth.

"Merced's contributions to our operations and culture are immeasurable," CIVIC President William J. Tessar said. "Her success in scaling CIVICs business is not just the result of the considerable time she has devoted to the organization and her key role in it, but also the manner in which that she treats every single task and the people involved with an equal and extreme sense of conviction."

The full list of 2022 Powerful Women of Mortgage Banking can be viewed here.



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