Capital One Home Loans Appoints Desmond P. Smith as Head of Sales

PLANO, Texas - May 19, 2015 - PRLog -- Capital One Financial Corporation announces that Desmond P. Smith has joined the company as Head of Sales for Capital One Home Loans. In this role, Smith will join the Home Loans leadership team with responsibility for building a mortgage sales team throughout the company’s branch footprint. Smith brings more than 20 years of experience working for other top financial institutions.

“Desmond is a proven sales leader. He has deep expertise and a strong track record of achieving outstanding sales performance, while significantly improving customer experience,” said, Eric J. Schuppenhauer, Head of Originations for Capital One Home Loans. ”He will support our growth plans as we bring forward new and innovative approaches to the home lending experience, with new product launches and expanded digital capabilities.”

Smith joins Capital One from Citibank in New York where he served as Managing Director responsible for all originations across channels including Distributed Retail, Direct to Consumer, Relationship Retail, Strategic Markets and Correspondent Lending. Prior to joining Citigroup, he was Senior Vice President of National Retail Sales at JPMorgan Chase Bank, where he created a National Builder & Condominium platform recognized as one of the best in the mortgage industry. He also served in various leadership roles at Wells Fargo for nearly a decade, including Retail Program Management with direct responsibility for Private Mortgage Banking, Mortgage Resources, New Construction and Renovation Lending.

"Capital One is an innovative company and a very talented team that is focused on delivering a truly exceptional customer experience. I’m thrilled to be joining Capital One,” said Smith.

Smith will be based in New York City.

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $210.4 billion in deposits and $306.2 billion in total assets as of March 31, 2015. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.