Long-time mortgage industry executive Rick Thornberry is retiring as the CEO of the Radian Group just months after overseeing a major business shift into a multi-line insurer. Processing Content The company closed on its purchase of Inigo, a Lloyd’s specialty insurer in February; it is still in the process of selling its real estate services […]
Radian names ex-Mr. Cooper president as next CEO Read More »
Panorama Mortgage Group, parent company of several lenders focused on affordable homeownership, is rebranding itself to unite multiple brands under one name, it announced Monday. Processing Content All of the Las Vegas-based company’s channels, including Alterra Home Loans and Travisa Financial, will go by SimplyPMG, which more accurately reflects the company’s mission to guide borrowers
Panorama Mortgage Group unifies channels under new name Read More »
Union Home Mortgage made another major hire this year, appointing a new chief information officer Tuesday. Processing Content Dino Lack, a 21-year veteran in the mortgage technology space, will lead Union Home’s efforts to improve the lending experience through advanced workflow automation and artificial intelligence integration, the company said in a press release. “We believe
Former Newrez CIO takes same position at Union Home Mortgage Read More »
Jonathan Corr, who once headed up the nation’s largest origination system provider, Ellie Mae, has joined the board of directors of recently privatized competitor MeridianLink. Processing Content He is one of six new board members at MeridianLink, which was acquired by Centerbridge Partners and Silversmith Capital Partners in a deal which closed in October for
Ex-Ellie Mae CEO joins MeridianLink board after privatization Read More »
Mortgage originators had to scratch for every loan they closed last year, as seen in the highly unusual circumstance of the fourth quarter being the year’s strongest. As a result, 2025 found a slight increase in volume among our survey respondents. Processing Content Last year, the No. 250 originator produced just under $25 million; this
2026’s Top Producers, numbers 275-176 Read More »
Mortgage software provider Dark Matter Technologies has promoted its chief technology officer Vikas Rao to CEO in a move aimed at positioning itself to best compete in the artificial intelligence age. Processing Content Rao replaces Sean Dugan, who headed the company for just over a year after previously serving as its chief revenue officer. Formed
Dark Matter names AI-focused CEO, cuts staff Read More »
New American Funding is expanding its presence in the Midwest with a new branch and team in Nebraska. Processing Content The Santa Ana, California-based lender announced Wednesday the addition of One Goal Mortgage Powered by New American Funding, a branch serving the Omaha, Nebraska, metro area and Southwest Iowa. The team joined New American in
New American Funding announces addition of One Goal Mortgage Read More »
Retail mortgage lender Rate is welcoming a new president of consumer lending to help the company further expand beyond mortgage. Processing Content Adam Boyd, a veteran financial services executive with more than 25 years of experience building and scaling consumer lending businesses, will head the growth of Rate’s consumer lending platform, the lender said in
Rate looks to scale consumer lending business with new hire Read More »
Rick Seehausen Altisource Portfolio Solutions, a provider of real estate and mortgage solutions, appointed Rick Seehausen as president of Lenders One, a national alliance of independent mortgage bankers. He will lead the strategic direction and day-to-day operations of Altisource’s Origination segment, with a focus on strengthening Lenders One’s value proposition, growing membership and launching new
Guaranteed Rate, Union Home Mortgage, Optimal Blue make leadership moves Read More »
After exiting the channel approximately three-and-a-half years ago during a tough period for both the mortgage industry and its own business, LoanDepot is returning to the wholesale origination business. Processing Content “Serving brokers through wholesale naturally expands our multi-channel origination strategy and complements our direct-to-consumer, in-market retail, joint venture, and servicing businesses,” CEO Anthony Hsieh
LoanDepot adds wholesale production 3 years after exit Read More »