CAREER & COMPENSATION

Poached LOs sue former lender for email surveillance

A loan officer couple under fire in a poaching lawsuit is suing their former lender for allegedly scraping their private emails to make their case.  Processing Content Ashley and Christopher Hoehn sued Stockton Mortgage this week in federal court for computer fraud, adding another layer to a legal battle between the parties. The Alabama-based couple, […]

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Guaranteed Rate, Union Home Mortgage, Optimal Blue make leadership moves

Guaranteed Rate, Union Home Mortgage, Optimal Blue make leadership moves

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

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Equity Prime Mortgage, ex-workers at odds over settlement

Equity Prime Mortgage is asking a judge to enforce a six-figure settlement slated for its former employees in a wage case, a deal the workers’ attorneys say isn’t real.  Processing Content The company this week claims the parties agreed to a $660,000 payout last summer, and that the plaintiffs’ attorneys are now reneging on that

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Churchill vs. ex-manager: Poaching, severance, ChatGPT

Churchill Mortgage and an ex-manager are sparring in a poaching case with accusations of unpaid severance, stolen customers, claims the lender is broke, and ChatGPT espionage. Processing Content The company sued Jeffrey Miller last summer, claiming the laid-off manager used internal compensation and performance data to lure his former colleagues to his new employer Supreme

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83% of mortgage employees say compensation is fair

In an industry where a fair percentage of workers are paid all or partially on a commission basis, lower volumes as well as consolidation weigh on take-home pay. That dynamic showed up in survey responses from employees at companies included in National Mortgage News’ annual Best Mortgage Companies to Work For ranking. Processing Content Compared

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Fired Sprout workers to drop class action seeking lost wages

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 Best Large Mortgage Companies to Work for in 2026

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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Bad breakup at Direct Mortgage spills into court

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

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The Best Small Mortgage Companies to Work For in 2026

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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The Best Mortgage Companies to Work For in 2026

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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