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Patrice Ficklin, who has served at the Consumer Financial Protection Bureau (CFPB) since the agency’s founding in 2011, will depart for Fannie Mae to serve as the government-sponsored enterprise’s fair lending officer. CFPB Director Rohit Chopra praised Ficklin’s fair lending work in a statement published by American Banker.
Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. “Rocket went public and the times have changed. Department of Veterans Affairs ( VA) and U.S.
Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Donovan Stamps, a 27-year mortgage veteran with stints at Stearns Lending , SoFi Mortgage , First Guaranty Mortgage Corp. The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.
The mortgage addition follows similar integrations for rental screening and auto lending. With mortgage originations expected to rise this year, lenders more than ever will need efficient tools and resources for streamlined income and employment verification, Satyan Merchant, mortgage business leader at TransUnion, said in a statement.
Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc HumanResources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)
San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. In August, the bank issued pink slips to an undisclosed number of employees in humanresources, client advising, information technology, according to the outlet.
PMG offers platforms for humanresources, finance, technology , legal and compliance services to its group of lenders. In 2022 , it added Lone Peak Lending. The borrower is under no obligation to repay the 2% grant. As a minority-led independent mortgage bank, it is licensed in 43 states.
“First Savings Bank has planned a layoff in which a significant portion of impacted employees are considered remote or virtual employees in multiple states,” Julie Bleich, senior vice president and humanresources director, wrote to the Department of Labor and Economic Opportunity in Michigan on Sept.
McGillivray will be responsible for the growth and development of the company’s workforce, including oversight of Rocket’s humanresources and diversity, equity and inclusion (DEI) teams, its employee training and development group, and Rocket’s executive leadership development capabilities. Emerson remained as Rocket’s president.
Lauren Witherspoon, director of humanresources, wrote: “Circumstances will force Texana Bank to conduct layoffs,” taking place Sept. Employees on the technology, marketing and humanresources teams are on the list. 5, according to the document reviewed by HousingWire.
Chambliss will take over for Dionne Wallace Oakley, who has been balancing the diversity and inclusion role as well as her duties as chief humanresources officer since August 2021. Chambliss is currently the deputy general counsel for mission and anti-predatory lending at the enterprise.
The company is seeking to fill positions in all four of its business channels – direct to consumer, JV/retail, wholesale and correspondent lending. Since the onset of COVID-19, we have quickly adapted our recruitment and onboarding processes to comprehensive virtual experiences,” says Liz Monahan, NewRez chief humanresources officer.
A total of 189 individuals have and will be impacted,” wrote Tammy Jetton, executive vice president of humanresources at Guaranteed Rate, in a letter to EDD on April 18 reviewed by HousingWire. The list includes top executives, such as lending directors and vice presidents for credit and underwriting.
Of the 39 employees laid off, 12 cuts hit the humanresources team. Kiavi, which rebranded from Lending Home in November, ranked as the top short-term lender in the fix-and-flip space in 2021, with $2.7 billion in originations, up about 78% from 2020, according to a recent report by Inside Mortgage Finance (IMF). .
Senior Vice President and Chief HumanResources Officer. Chief Lending Officer. Branch Manager and SVP of Mortgage Lending. Aslan Home Lending Corporation. Courtney Thompson. Chief Product Officer. Dionne Wallace Oakley. Freddie Mac. Donna Freeland. Senior Vice President, Retail Operations. Emily Farley.
Before he joined Home Point Financial, Hilzendeger was at Wells Fargo for 30 years, most recently with Wells Fargo Home Lending , where he led as head of Retail Operations, head of Servicing Operations, senior vice president of Default Services, and senior vice president of Real Estate Servicing. office’s Talent Development operations.
6, 2024,” Sherry Carson, humanresources generalist at Country Club Mortgage, wrote in a letter sent to the Employment Development Department in California in early December. This letter serves to give you an amended 60-day notice of permanent layoffs and facility closures effective Feb.
Bolstering its compliance, post-closing, and humanresources departments, Planet Home Lending continues its expansion to meet the growth of its origination and servicing volumes. The post Planet Home Lending Adds Three New Hires appeared first on DSNews.
Head of Neighborhood and Community Lending. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Supreme Lending. Head of Home Lending. Planet Home Lending. Executive Vice President of Retail Lending. Chief HumanResources Officer. Company Name.
“One of our responsibilities as a company is to provide our team members a fulfilling career, and we have been able to do that for tens of thousands in the last 36 years,” Mike Malloy, chief administrative officer at Rocket Central , Rocket’s humanresources arm, said in a statement Monday.
Prior to her seven-year stint at the Federal Home Loan Bank of Pittsburgh, from 2013 to 2014 Anderson worked as an attorney at Relman, Dane & Colfax PLLC , specializing in fair lending counseling and compliance. Before that, she worked at Ballard Spahr in public finance and housing. It will not be her first time at Fannie Mae.
It’s caused frustration for FGMC’s lending partners. A West Coast-based lending executive told HousingWire that FGMC said it can’t or won’t honor locks in its correspondent pipeline, even loans that were cleared for funding and underwritten by FGMC. “On Friday, we stopped getting responses via email. .”
A few months later, the company said four top executives would depart , including CFO Patrick Flanagan , Chief Accounting Officer Nicole Carrillo, Chief HumanResources Officer Kevin Tackaberry and LDI Digital President Zeenat Sidi.
Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5 loanDepot: Unknown.
The company’s job cuts include humanresources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. Interfirst plans to lay off at the lender’s facility in Rosemont beginning on May 13, 2022, or within two weeks of that date.
President of Residential Servicing and Correspondent Lending. Aslan Home Lending. Director of HumanResources. Planet Home Lending. Chris Favilla. Head of Operations. Executive Vice President of Administration. Howard Hanna. David Sheeler. Freedom Mortgage. Davida Stanley. Director of Document Operations.
Top management jobs, such as vice presidents for underwriting and partial credit guarantee (PCG) transaction management, will also be reduced, according to Stacy Diaz, executive vice president of humanresources at PennyMac, in letters to the EDD. In the Moorpark office, the firm will eliminate 52 positions, including 14 loan officers.
Mario Glover, a former business support analyst, was laid off during a video call with his manager and a rep from humanresources on July 15, just three months after he started working at the lender. FoA did not respond to requests for comments. .
WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives. The company’s post-transaction customer surveys and Net Promoter Score program rankings consistently reflect high marks for customer satisfaction across all divisions.
The remainder transitioned to CrossCountry Mortgage , Synergy One Lending , Capital Bank , First Home Mortgage Corp. and NFM Lending. According to the NMLS, two top DKMC originators not transitioning to NAF are not licensed with any lender.
A few months later, the company said four top executives would depart , including CFO Patrick Flanagan , Chief Accounting Officer Nicole Carrillo, Chief HumanResources Officer Kevin Tackaberry and LDI Digital President Zeenat Sidi.
Chief Accounting Officer Nicole Carrillo, Chief HumanResources Officer Kevin Tackaberry and LDI Digital President Zeenat Sidi are also departing loanDepot. Hayes is also eligible for an annual equity award of $1.65 million and an initial stock option grant of 250,000 shares.
” Blend is reducing general and administrative expenses in humanresources, finance, and legal, but decided not to cut costs related to engineering and product development. . “The refinance volume, in particular, is expected to be down 60% to 70% from last year’s volumes.”
He most recently served as EVP and CFO at Sagent Lending Technologies , one of the most important technology platforms in the mortgage industry. Peterson was previously EVP and CFO for National Response Corporation where he led global finance, humanresources, and technology for the 2,000-employee public company.
One NetDirector customer leveraged a combination of integration and automation services to save around $1 million per year compared to manual processing and diverted their valuable humanresources towards critical tasks that required skilled human intervention (full case study available upon request).
Her subject matter expertise spansescrow, closing, mortgage lending, sales, home building, humanresources, general management, and organizational development. Bettina Arthur has been promoted to vice president of sales enablement at Westcor Land Title Insurance Company.
A former CrossCountry Mortgage employee accused her immediate superior at a branch in Georgia of sexual harassment and said the mortgage company retaliated against her after she lodged complaints with the humanresources department and federal authorities.
He most recently served as executive vice president and chief financial officer at Sagent Lending Technologies. Peterson was previously EVP and CFO for National Response Corporation where he led global finance, humanresources and technology for the 2,000-employee public company.
Christian Hernandez, vice president of mortgage lending at Guaranteed Rate , has leaned heavily on social media platforms to generate new leads and build relationships with borrowers and real estate agents. Meanwhile, others worry that they will soon wash out of the industry. TikTok, Facebook and LinkedIn.
On the originations side, we’ve built a scalable, multi-channel lending platform that has grown volume by 16X in just the past year. We are seeing strong growth across our forward and reverse lending channels and have increased quarter-to-date volume in August by 16X in the past year. In August, we originated more than $2.5
We’re trying to make sure our focus is on the strategic growth areas that we think will contribute to the first-time homebuyer, diverse lending and affordable [lending]. We’re not chasing business that doesn’t make sense. Martell: We want our fair share. But we want to do it in the context of Vision 2025.
We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. An organization known as the Worldwide ERC is responsible for overseeing and managing relocation professionals in HumanResources, Real Estate, and the Military.
Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). Meantime, getting workers to feel good about returning to the office is a stiff challenge.
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