People Movers

LendingTree acquires Student Loan Hero

LendingTree plans to increase its presence in the student loan space
LendingTree closed on the acquisition of Student Loan Hero, a personal finance website that helps borrowers manage their student debt. Student Loan Hero is led by CEO Andrew Josuweit, who founded the company in 2012 to help manage the nation’s immense student debt burden.
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Jeff Smith picked to lead Wells Fargo home lending servicing

The industry veteran will oversee the big bank's servicing business
“Our servicing team plays a critical role in helping our customers through their homeownership journey, and Jeff is uniquely qualified to build on the momentum and solid foundation that is already in place,” said Michael DeVito, head of Wells Fargo's home lending business.
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JLL hires Niko Skiadas, Dan Dretler to lead multifamily capital markets operations in New England

Pair is bringing over 10 years of teamwork in Boston with them to make JLL's New England dream work
JLL hired Niko Skiadas and Dan Dretler, who have been working together for over 10 years, to lead its New England multifamily capital markets operations. Skiadas and Dretler will both serve as executive vice presidents in JLL’s Boston office.
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Fannie Mae CEO to resign by end of year

Feels “time is right” to leave company
Fannie Mae announced President and CEO Timothy Mayopoulos will resign from his position by the end of the year. Fannie Mae explained to HousingWire that after being with the company since 2009, Mayopoulos now feels the “time is right” for him to resign from his position.
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Planet Home Lending hires new chief information officer

Industry vet Mike McChesney joins lender
Planet Home Lending announced this week that Mike McChesney has joined the company as its new chief information officer. "His strong mix of business, operations, and technology expertise across originations, capital markets, and servicing will allow us to differentiate at a time of tremendous opportunity in the industry," said Michael Dubeck, Planet Home Lending president and CEO.
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TMS promotes two key leaders

Barbara Yolles and Pete Sokolovic promoted to new roles
After launching Happinest, a homeownership solution, The Money Source recently announced the promotions of Barbara Yolles to chief strategy officer and Pete Sokolovic to president of originations. Notably, Yolles will be speaking at HousingWire’s conference.
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More executive changes at Equifax: Former interim CEO to lead U.S. information business

Paulino do Rego Barros will take over U.S. Information Solutions division
It’s been a bit of a revolving door amongst senior management at Equifax ever since the massive data breach that exposed the personal information of nearly 148 million U.S. consumers to hackers was first disclosed. And it looks like the company isn't done making changes yet.
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Rebecca Steele, the "face of the housing crisis," finds new home at nonprofit credit counselor

Former Countrywide exec will now lead the National Foundation for Credit Counseling
Once dubbed “the face of the housing crisis,” Rebecca Steele has now been hired as the president and CEO of the National Foundation for Credit Counseling. In her new role, Steele will build support and momentum for the NFCC national member network of nonprofit organizations, and in addition to this, she will leverage her 20 years of financial services experience to improve the organization and push forward its consumer-focused programs.
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American Land Title Association CEO Michelle Korsmo stepping down

Trade group’s longtime leader leaving for the liquor business
For the first time in nearly seven years, the American Land Title Association will soon have a new leader. The trade group, which represents more than 6,200 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys, announced this week its longtime CEO, Michelle Korsmo, is stepping down to move to a vastly different industry.
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