September 16, 2017

About Us

First Fidelity Capital Markets, Inc.

Since 1998, First Fidelity has served as an investor and trusted strategic advisor to the mortgage banking industry. Its principals have served as CEOs and on Boards of Directors.

First Fidelity has been retained by the national bank to identify and qualify mortgage net branch production opportunities on their behalf, and is actively engaged in a variety of mandates for banking clients.

More generally, First Fidelity provides Clients with the benefits of experience derived from being one of the nation’s top joint venture/merger and acquisition advisors devoted exclusively to the mortgage banking industry. We have consistently been ranked among the top mortgage banking advisory firms. As a result, our clients realize the maximum benefits from a transaction, while avoiding costly mistakes and tactical errors. We handle every aspect of the transaction from beginning to end, and are a highly focused “24/7” organization. As a result of the services we provide, our clients can remain focused on operating their business.

Key Personnel

Richard Arbogast is a Managing Director of First Fidelity. Previously, Richard served as the CEO of Chapel Mortgage Company and its predecessor affiliate for 23 years originating and servicing billions annually. Chapel Mortgage created several affiliates the largest of which was sold to Deutsche Bank. Mr. Arbogast has served on the Advisory Boards of Chase Bank, Countrywide Home Loans, Chemical Bank, Washington Mutual and New Century Mortgage.

Elliot Jacobs (1945–2016) was the founding Managing Director of First Fidelity, and was at the forefront of the mortgage banking industry. He served on the Board of Directors of MBA of America, the Fannie Mae Advisory Board, and as President of the MBA of NJ. He was the sole owner of a successful mortgage bank, and President of a bank owned mortgage subsidiary. He lived to love, protect and teach his children.