Items Tagged with 'Bruce Witherell'


  • From HW Magazine

    2017 HW Vanguard: Bruce Witherell

    Co-founder and CEO at Promontory MortgagePath
    Over the past year, Bruce Witherell has taken a simple, but bold idea—combine cutting-edge technology with deep domain knowledge and focus it strategically on the mortgage origination process. Witherell transformed that idea into the Promontory MortgagePath Group, a fintech company that combines deep domain knowledge with advanced technological know-how to solve complex mortgage challenges.
    Read More
  • Morgan Stanley Exec Joins Freddie Mac

    Bruce Witherell joins Freddie Mac [stock FRE][/stock] as chief operating officer, effective September 14. Witherell has served as managing director and global co-head of Morgan Stanley’s [stock MS][/stock] residential mortgage business since 2006. Prior to that, he spent 15 years at Lehman Brothers in a variety of leadership roles, including CEO of Lehman Brothers Bank.
    Read More
  • Morgan Stanley Restructures Mortgage Business; 600 Jobs to be Cut

    Morgan Stanley said today it is restructing its mortgage business amid what company executives characterized as a "fundamental paradigm shift" in the mortgage business. The restructuring effort will result in a net reduction-in-force of approximately 500 employees in the United States and approximately 100 employees in Europe including 90 from Morgan Stanley's UK mortgage subsidiary, Advantage, the company said in a press statement.
    Read More