Waterstone Mortgage hires Jeremy Moreithi to lead Northern Virginia branch

Mortgage industry veteran Jeremy Moreithi has joined Waterstone Mortgage Corp. as branch manager of its office in Ashburn, Virginia, the company announced Wednesday.

Moreithi, who has more than 20 years of mortgage lending experience, will be based in Ashburn but will primarily serve homebuyers in the Greater Washington D.C., Maryland and Virginia metropolitan areas. He is listed in HousingWire‘s Mortgage Rankings with a 2025 volume of $46.4 million across 92 loans while serving with Envoy Mortgage.

In his new role, Moreithi will offer loans backed by WaterStone Bank while using Waterstone Mortgage’s tools, programs and support to work with a wide range of homebuyers. The company said this structure is intended to support more customized financing options for borrowers with varying financial profiles.

“I made the move to Waterstone Mortgage because it represents the next step in elevating how I serve my clients and partners,” Moreithi said in a statement. “The company’s extensive array of programs allows me to provide better solutions tailored to each client’s needs. Most importantly, their full commitment to support ensures I can continue delivering the highest level of service possible.”

Waterstone said the hire aligns with its strategy to grow by adding experienced originators and branch leaders in key markets. Lenders are competing aggressively for seasoned producers in the Mid-Atlantic region as higher mortgage rates and tight inventory pressure lending volumes.

“Having had the privilege of working with Jeremy for over 15 years, I can confidently say his integrity, expertise and client-first mindset are unmatched in our industry,” said Margie Hennessey, vice president of Eastern sales for Waterstone Mortgage. “Beyond being a seasoned mortgage professional, he is a trusted colleague and a great friend whose contributions will undoubtedly elevate our entire organization.”

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication. The system helps convert company announcements and industry data into HousingWire-style news coverage.