Mortgage lending CUSO CUMAnet Inc. has named Joseph Herbst at its new president.

In a Dec. 2 press release, Herbst said one of his goals will be to increase the mortgage CUSO's national footprint and maximize operational efficiencies for future growth.

CUMAnet originally began with a northeast regional presence, but has since expanded to Washington, Chicago and other markets, according to the CUSO in Basking Ridge, N.J.

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