Former Sprout Mortgage workers are dropping their long-running lawsuit to recoup lost wages from the failed lender. Processing Content Attorneys for plaintiffs told a federal court last week they intend to file a voluntary dismissal, which would end the nearly four-year-old case. The expected wind down wraps a difficult journey for the laid-off workers, who […]
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The following 5 companies, which boast 500 or more employees, were highly rated by their staffs for creating a great environment to work in. SEE THE FULL LIST: The Best Mortgage Companies to Work For in 2026 This ranking is a partnership between National Mortgage News and the Best Companies Group, which conducts extensive employee
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Direct Mortgage says it’s happily acquired, but a past ugly breakup is coming to light. Processing Content Ex-employees Brooks Kelly and Jason Harris are suing the Utah-based Direct and its CEO Jim Beech in federal court, over an expensive split involving faulty software, hundreds of thousands of dollars in compensation and an unfulfilled acquisition. The
Bad breakup at Direct Mortgage spills into court Read More »
As part of the National Mortgage News ranking of Best Mortgage Companies to Work For in 2026, we celebrate in particular the home lenders with under 100 employees which are considered among their staffs the best mortgage company to work for in 2026. This ranking is a partnership between National Mortgage News and the Best
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After a period of consolidation of heavy-hitters in the mortgage industry, it’s the independent lending shops that prioritize care of their customers and importantly, their staff, who will stand out. This year 40 companies had what it takes to land on the Best Mortgage Companies to Work For list, up from 36 companies in 2025
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Rocket Pro leader Mike Fawaz, one of the company’s most public-facing leaders, has left his position. Processing Content The executive vice president, who’s been with Rocket since 2011, made his announcement in a Linkedin post Monday, and his employer confirmed his departure Tuesday. Housingwire first reported the news. His exit comes two weeks after general
Rocket Pro executive Mike Fawaz leaves the megalender Read More »
Hundreds of E Mortgage Capital employees could join a wage lawsuit against the brokerage, after a federal judge granted conditional approval to certify a class. Processing Content The federal complaint in Arizona accuses the lender of failing to pay overtime to numerous workers, from loan officers to processors to managers. An attorney for plaintiffs told
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Most lenders expect to make more money this year, but aren’t committing to increase hiring. Processing Content Those sentiments are part of a largely bullish forecast by mortgage professionals in the National Mortgage News Predictions 2026 survey. A combined 84% of respondents said they expect a slight to significant increase in revenue this calendar year
Lenders anticipate more revenue, but split on hiring plans Read More »
Daniel Sogorka, the general manager of Rocket Pro since September 2024, is leaving the post, the parent company confirmed. Processing Content News about Sogorka’s departure was first announced internally on Friday and was first reported in several mortgage industry publications. Dan Sogorka, general manager at Rocket Pro TPO.Courtesy of Rocket Cos. He said his time
Sogorka leaving Rocket Pro, Niemiec returns as role shifts Read More »
Left to right: Brandon Bean, Scott Henley Planet Financial Group recently added retail lending veteran Brandon Bean as senior vice president, national fulfillment. In his new role, Bean will be tasked with driving growth of the Meriden, Connecticut-based company’s distributed retail division. He joins the company after most recently holding the title of senior vice
Onity, Crosscountry, Blend, MBA make leadership moves Read More »