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  • Gateway First Bank names Jeff Schmidt chief mortgage operations officer

    Announcement comes only a few months after merger with Farmers Exchange Bank
    Only a few months after merging with Farmers Exchange Bank, Gateway First Bank has appointed Jeff Schmidt as its chief mortgage operations officer. In this new role, he will manage underwriting, appraisal, closing and funding, post-closing and construction lending departments. Schmidt will also be working to expand of Gateway’s mortgage call centers based in Dallas and Frisco, Texas. 
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  • CPC brings on Jaime Tuozzolo to serve as VP, mortgage officer 

    Tuozzolo comes to company with 20 years of real estate finance experience
    Community Preservation Corp., a nonprofit affordable housing and community revitalization finance company, announced the hire of real estate finance veteran Jaime Tuozzolo. In her new role as vice president and mortgage officer, Tuozzolo will be responsible for sourcing and originating business in the region across all loan products, as well as monitoring projects through construction and conversion.
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  • Former MBA President David Stevens joins George Mason Mortgage board as advisor

    Stevens adds another board of directors gig
    Since stepping down as president and CEO of the MBA in September 2018, David Stevens has continued to be involved in the housing business, signing on to serve in advisory roles for three different companies. Stevens’ post-MBA gigs were reduced to two earlier this year when he abruptly resigned from the board of Radian just three weeks after initially joining. But now, Stevens' tally of advisor roles is back up to three.
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  • David Applegate to step down as CEO of Common Securitization Solutions

    News follows the June launch of Uniform Mortgage-Backed Security
    In 2013, Freddie Mac and Fannie Mae established Common Securitization Solutions to design and implement the single GSE bond through the Common Securitization Platform. David Applegate was appointed CEO at the jointly owned company’s launch. But on Thursday, Fannie and Freddie announced that he is stepping down. 
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  • Cloudvirga promotes CRO to CEO

    Daniel Sogorka was named CRO in January
    Digital mortgage point-of-sale software provider Cloudvirga announced the promotion of its chief revenue officer, Daniel Sogorka, to chief executive officer. Sogorka was named CRO in January this year.
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  • MQMR names Stephen Sherman COO

    Will oversee company's long-term growth strategy
    Before he joined MQMR, Sherman founded Sherman Consulting, a mortgage and real estate consulting firm that specialized in providing managerial coaching, risk assessment reviews and process improvement plans.
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  • OpenClose names Allen Pollack VP of Product Innovation

    He will be the first to serve in this role
    Fintech veteran Allen Pollack will be joining OpenClose as vice president of Product Innovation, the company announced this week. In this newly created position, Pollack will play a key role in assisting the company in its pursuit of innovative ways to serve customers. 
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