Alain Pinel Realtors and Wells Fargo Home Mortgage recently announced they have formed a joint venture, Private Mortgage Advisors LLC.

The joint venture will feature onsite mortgage counselors in all of the Alain Pinel Realtors’ offices throughout California.

Karen Mayfield was named president of Private Mortgage Advisors. In that role, she will manage growth and staffing of the joint venture by adding one or two mortgage consultants in each Alain Pinel Realtors’ office. Mayfield was a regional leader in Wells Fargo Home Mortgage’s private mortgage banking group. She also was previously affiliated with Alain Pinel Realtors’ Palo Alto, Calif. office, where she acted as the primary mortgage resource to the company’s 92 agents in that office.

Alain Pinel Realtors was launched by founder Paul L. Hulme in 1990, and now has more than 1,150 sales professionals and support staff in 21 offices in various California counties, including Santa Clara, San Francisco, Monterey and Santa Cruz.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank and serves all 50 states.

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Send tips or a Letter to the Editor to samantha@inman.com or call (510) 658-9252, ext. 140.

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