Career moves

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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LoanDepot adds wholesale production 3 years after exit

LoanDepot adds wholesale production 3 years after exit

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

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Brian Montgomery joins Newday advisory board as vice chair

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

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Onity Group adds a former Truist executive to c-suite

Onity Group adds a former Truist executive to c-suite

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

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Rocket Pro executive Mike Fawaz leaves the megalender

Rocket Pro executive Mike Fawaz leaves the megalender

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

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Mr. Cooper exec jumps to Sagent for AI rollout

Mr. Cooper exec jumps to Sagent for AI rollout

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

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Sogorka leaving Rocket Pro, Niemiec returns as role shifts

Sogorka leaving Rocket Pro, Niemiec returns as role shifts

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

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Onity, Crosscountry, Blend, MBA make leadership moves

Onity, Crosscountry, Blend, MBA make leadership moves

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

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Lyons McCloskey sale keeps compliance muscle intact

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

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Go Mortgage appoints Jay Promisco as CEO

Go Mortgage appoints Jay Promisco as CEO

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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