Former Federal Housing Commissioner Brian Montgomery is joining VA lender Newday USA as vice chairman of its advisory board. Processing Content “Brian’s record of leadership at the highest levels of federal housing finance speaks for itself,” said Rob Posner, CEO of Newday USA in a press release. “As we continue to set new standards and […]
Brian Montgomery joins Newday advisory board as vice chair Read More »
Aulene Wessel, chief accounting officer at OnityOnity Onity Group has named Aulene Wessel, a former executive vice president at Truist, as a new member of its leadership team. Processing Content Wessel is taking on the chief accounting officer role previously filled by Francois Grunenwald, who will be leaving the company after a transition period “to
Onity Group adds a former Truist executive to c-suite Read More »
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 »
Mortgage servicing technology provider Sagent has hired another former Mr. Cooper executive to a leading role, naming Sridhar Sharma as president. Processing Content Sridhar Sharma, formerly chief innovation and digital officer at Mr. Cooper, is the new president of Sagent. Sharma joins Chris Marshall, the former Mr. Cooper president who became Sagent’s executive chairman in
Mr. Cooper exec jumps to Sagent for AI rollout 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 »
Lyons McCloskey, a mortgage auditing and consulting firm that helped shape FHA servicing policy and guided servicers through distressed loans during the Great Financial Crisis, has a new owner. Processing Content Chief Operating Officer Lisa Drew, has announced her acquisition of the firm, with founding partner Bob Lyons remaining as a senior advisor to provide
Lyons McCloskey sale keeps compliance muscle intact Read More »
Go Mortgage has named longtime lending executive and technology advocate Jay Promisco as CEO. Processing Content The former president of Sierra Pacific Mortgage, Promisco moved over to take the helm at Columbus, Ohio-based Go after the acquisition of originations assets belonging to his previous company last year. The news was first reported in The Mortgage
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At times, the generational divide in mortgage lending feels like the setup to a workplace sitcom: the Gen X loan officer wonders why no one returns their voicemail, while the Gen Z loan officer never even bothered to configure theirs. Beyond the humor, there’s a real operational issue: knowledge that took 30 years to accumulate
How AI may help mortgage lending weather a talent crunch Read More »
Long-time Redfin CEO Glenn Kelman is leaving the firm, he announced in a LinkedIn post Tuesday afternoon. Processing Content “After 20 years, I’m leaving Redfin,” he wrote. “I gave it my all! Leaving was my decision. I love my colleagues. We saved consumers a billion dollars in commissions. I hope to use all that I
Redfin CEO Glenn Kelman steps down after 20 years Read More »