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Union Mortgage Group names new president

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Robert B. Eastep has been named president of Union Mortgage Group Inc., a a nonbank affiliate of Richmond-based Union First Market Bankshares Corp.

Union Mortgage now operates 15 offices in four states and is also licensed to do business in some states throughout the mid-Atlantic and Southeast, as well as Washington, D.C.

Eastep, 49, was senior vice president and chief financial officer for Powhatan-based Central Virginia Bankshares Inc.  Before that, he was chief executive officer of ESM LLC, a business consulting firm focused on strategic business issues in the financial services and golf/club industries.

Also He also served as executive vice president and chief financial officer of Saxon Capital Inc. a residential mortgage lender and servicer that managed a $6 billion portfolio of mortgage assets.

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