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PrimeLending’s 2021 Summer Internship Program Hugely Successful
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
PrimeLending, a subsidiary of Hilltop Holdings (NYSE: HTH), has successfully completed its inaugural multicultural lending internship program aimed at students from HBCUs. The program allowed interns to gain valuable mortgage industry experience while receiving mentorship from seasoned professionals. One intern even continued with the company part-time during the academic year. Plans are underway to expand this internship initiative nationwide next summer, demonstrating PrimeLending's commitment to diversity and equitable opportunities in the mortgage sector.
Positive
Successful completion of the inaugural multicultural lending internship program.
Interns gained practical mortgage experience and mentorship opportunities.
Plans to expand internship program nationwide next summer.
Negative
None.
DALLAS--(BUSINESS WIRE)--
National residential mortgage lender PrimeLending, a PlainsCapital Company and subsidiary of Hilltop Holdings Inc. (NYSE: HTH), recently completed its summer 2021 multicultural lending internship program, specifically serving college students attending HBCUs. This summer’s inaugural class worked at various branches across the national lender’s home state of Texas.
“This program embodies several strategic initiatives that are at the core of PrimeLending’s mission,” said Latonia Donaldson, VP-Director of Multicultural Lending. “This diverse internship program not only ensures that the modern loan originators’ profile mirrors the evolution of the modern home buyer, but also allows PrimeLending a front-row seat to the equitable opportunity conversation.”
Though in its pilot year, this summer’s internship program was a resounding success, with one intern, Eddie Jackson Jr. of the Houston Bay Area branch, even staying on part-time throughout the academic year. During their time at PrimeLending, interns gained firsthand mortgage experience, explored different career paths within the industry and received invaluable mentorship from some of the top producers in the nation.
“This internship really opened my eyes to career opportunities in the mortgage industry,” said Jackson. “It was gratifying to see the kind of positive impact the Team at PrimeLending has on families and communities – that’s something I want to be a part of.”
Preparations for next summer’s intern program are well underway with plans to expand internship opportunities nationwide, including at the corporate headquarters in Dallas, TX.
About PrimeLending
PrimeLending, a PlainsCapital Company, is a national home lender combining personal guidance and local expertise with fast service, more choices, and the flexibility to meet homeowners’ unique needs. We’re focused on empowering our customers to boldly pursue their homeownership goals, whether they’re looking to buy, refinance, or renovate a home. The PrimeLending team works alongside our customers in all 50 states, helping them make smart home financing decisions and have a rewarding experience along the way. Delivering on this promise for more than 30 years, we’re proud to consistently earn a 96% customer satisfaction rating. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com. Equal Housing Lender.
What is the focus of PrimeLending's internship program for HBCU students?
The internship program focuses on providing hands-on mortgage experience and career exploration for students attending Historically Black Colleges and Universities (HBCUs).
When did PrimeLending complete its multicultural lending internship program?
PrimeLending completed its multicultural lending internship program in summer 2021.
How will PrimeLending's internship program change in the future?
PrimeLending plans to expand its internship opportunities nationwide for the next summer.
What company does PrimeLending belong to?
PrimeLending is a subsidiary of Hilltop Holdings, which is publicly traded on the NYSE under the ticker symbol HTH.
What success did the interns experience during their time at PrimeLending?
Interns received valuable mentorship and one, Eddie Jackson Jr., continued to work part-time during the academic year after the program.
