Aidan Sullivan, Secondary Market Analyst at The Cooperative Bank of Cape Cod, has been named the 2024 Massachusetts Mortgage Bankers Association Rising Star of the Year.
The MMBA’s Rising Star award recognizes young professionals under 35 who have less than 10 years of experience in the mortgage industry and demonstrate exceptional business success, community involvement, and professional leadership.
Sullivan has been a key member of The Cooperative Bank of Cape Cod’s Residential Lending team for five and a half years, beginning his career in loan processing and closings before transitioning into his current role as Secondary Market Analyst. In this capacity, he has played a critical role in optimizing the bank’s loan sale strategies, managing investor relationships, and improving revenue and net interest margin.
As Secondary Market Analyst, Sullivan’s responsibilities include pricing loans, analyzing market trends, issuing daily rate sheets, and strategically locking loans with investors such as Fannie Mae and Freddie Mac. Additionally, he has leveraged technology to enhance efficiency in the bank’s secondary market operations toward seamless loan delivery and compliance.
“Please join me in congratulating Aidan on this honor. He has excelled both independently and as part of a team, fostering a collaborative environment with our Sales and Operations teams,” said Lisa Oliver, Chair, President, and CEO of The Cooperative Bank of Cape Cod. “His extensive knowledge of secondary markets and investors, along with his proactive approach in onboarding new investors, has exceeded our fiscal goals and management expectations.”