Union Bank, N.A. today announced that Tim A. Sorenson has joined its Retail Consumer Lending team as vice president and regional manager for the bank’s Residential Lending group based in Irvine. He is responsible for the growth of residential lending throughout Orange County and South Bay Los Angeles. Union Bank’s Consumer Lending group originates and services the bank’s loans to consumers, which includes residential mortgages. Sorenson reports to Senior Vice President and Division Manager Jennifer Livingston.
“Tim brings tremendous industry knowledge as well as leadership experience to this position, which will enable us to continue to grow our retail mortgage lending organization,” said Livingston. “Tim’s mortgage expertise as well as his dedication to client service will help us meet the needs of our clients who are looking to purchase or refinance a home throughout Orange County and the South Bay.”
Sorenson has 13 years of experience. Before joining Union Bank, he served as a California regional manager and vice president with JP Morgan Chase. Prior to that, Sorenson was a mortgage banking executive with Wachovia/World Savings. He holds a bachelor’s degree from California State University, Fullerton.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $102.3 billion at June 30, 2013. Its primary subsidiary, Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 422 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on June 30, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. Visit http://www.unionbank.com for more information.