People on the Move – Bill Hornbeck

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Severn Mortgage Appoints William R. Hornbeck Vice President of Senior
(Ashburn, VA – February 11, 2009) Severn Mortgage Corporation, a regional home
mortgage lender based in Ashburn, VA, and serving residents of Virginia and Maryland,
today announced the appointment of William R. Hornbeck as Vice President of Senior
Mr. Hornbeck will be responsible for introducing a series of
mortgage finance products specifically designed to meet the
needs of senior homeowners. By using the federally-insured
Home Equity Conversion Mortgage as the foundation, the
company will actively advocate and promote the benefits of
mortgage programs designed to serve senior lifestyle
In addition to his new responsibilities relating to the launch of
senior-specific mortgage products, Mr. Hornbeck will serve as
a corporate branding and marketing officer with responsibility
to enhance the positioning and recognition of the company as
a primary lending originator for all-age clients seeking new
home financing, re-financing, restructuring, home improvement, construction, and home
equity lines of credit.
“Bill brings over 30 years of experience as a financial executive and entrepreneur in both
the mortgage finance and Internet technology business sectors”, said Lawrie Vick,
president of Severn Mortgage. “His insights and business experience will expertly serve
both this company and our clients with an enhanced level of confidence, capabilities,
and results.”
Hornbeck is a graduate of the School of Mortgage Banking at Northwestern University.
Prior to joining Severn Mortgage, he served as a reverse mortgage consultant within the
Senor Products Group of Wells Fargo Home Mortgage. A long-term resident of Loudoun
County, Hornbeck was the founder and CEO of Leesburg-based Campus Tech, Inc. until
the company was acquired in 1999. He subsequently served as the chief executive
officer for local streaming media start-up StreamerNet Corporation.
“I believe in the strength of the brand and the level of performance that Severn Mortgage
has displayed since its founding in 1998”, said Hornbeck. “And, it is the leadership,
vision, and passion that Lawrie Vick embeds in the organization that makes this
opportunity so compelling. We both agree that now is the time to build the leading
companies of the future.”
About Severn Mortgage Corporation
Severn Mortgage is a full-service mortgage lender/broker headquartered in Ashburn, VA
and licensed to serve customers in Virginia and Maryland. Since its formation in 1998,
the company has successfully financed more than $1Billion in home mortgage loans for
its clients.
Operating as both a direct lender and as an origination broker for leading banks and
mortgage funding resources in the U.S., the company serves local communities by
providing expertise in the areas of FHA/VA lending for first-time homebuyers,
conventional financing and re-financing for single family, multi-family, and commercial
buildings, and for home improvements and renovations.
Severn Mortgage also coordinates and funds rural housing loans under the guidelines of
the USDA Rural Economic Community Development program.
With an eye to the issues surrounding the aging of America, the company serves as a
leading resource for introductory and educational presentations relating to senior citizen
federal housing programs such as the FHA-insured and HUD-backed Home Equity
Conversion Mortgage, otherwise known as a reverse mortgage.
For further information, please contact:
Lawrie Vick, President 703-729-0367 [email protected]
Bill Hornbeck, Vice President 703-729-0367 [email protected]

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