Republic State Mortgage Co. CEO sells controlling interest to Temul Capital

“It has been the honor of my professional life to be the founder and leader of Republic State Mortgage Co. for the past 31 years,” Wagnon said. “I am grateful to pass the reins to Andrina who, along with the talented team she is bringing on board, will continue to uphold the high standards that have become synonymous with Republic. I am also thankful that Paulina, my partner for the last 26 years, will remain on board with our existing leadership team to shepherd this next phase of the company’s growth.”

Valdes, who brings more than 26 years of leadership experience in the mortgage industry, will continue to support Republic’s initiatives and reinforce the company’s commitment to delivering exceptional service, building community and expanding access to homeownership.

“I am thrilled to be blending the Alta Home Lending team into the Republic family as their reputation for excellence and deep community relationships aligns perfectly with my mission to elevate the lending experience while keeping people at the heart of every decision,” Valdes said. “Going forward, we believe we have achievable plans to expand Republic’s reach into new markets – doubling our size both in terms of employees added and customers served.”

McGrath is vice president of Community Home Lenders of America (CHLA), a Washington, D.C., advocacy group representing smaller mortgage lenders. Before the Community Home Lenders Association and the Community Mortgage Lenders of America (CMLA) joined forces in 2022, McGrath served as board chair for CMLA. From 2018 to 2019, she served as president of the Texas Mortgage Bankers Association.