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  • Mr. Cooper hires restructuring expert as new CFO

    Brings on Capital Bank Financial Co-founder Christopher Marshall
    Mr. Cooper has hired Christopher Marshall to take over as chief financial officer. Marshall is the co-founder and former CFO of Capital Bank Financial, and he previously worked as chief restructuring officer and senior advisor to the CEO at GMAC.
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  • Gateway Mortgage hires new chief risk officer

    Steven Patrick will oversee credit and risk management teams
    Gateway Mortgage Group has named Steven Patrick its new chief risk officer, tasked with overseeing the Oklahoma-based lender's enterprise risk management, compliance and quantitative analytics.
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  • Former Accenture exec Michael Detwiler named Class Valuation CEO

    Mortgage Cadence co-founder will take the helm following company rebrand
    Class Valuation has named Michael Detwiler CEO, just one week after the Michigan-based appraisal management company announced that it was changing its name from Class Appraisal. With Detwiler in charge, Class will charge ahead with its rebrand to keep pace with tech advancements happening in the space.
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  • Wise Agent names Jason Frazier chief marketing officer

    Responsible for modernizing email marketing and social content
    Wise Agent hired Jason Frazier as its chief marketing officer, the company announced this week. Frazier, a known marketer in the mortgage industry, will be responsible for modernizing email marketing and social content for Wise Agent’s CRM system.
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  • Sabal announces new president and COO

    Pendergist held executive titles at JPMorgan Chase, Banc of California and more
    Sabal Capital Partners, a financial services firm specializing in commercial real estate, lending and investing, announced Monday that it appointed Jason Pendergist as president and chief operating officer of term lending.
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  • AAG hires new senior VP of operations

    Joe Stephenson will oversee all sales channels
    American Advisors Group has named Joe Stephenson senior vice president of operations. As such, he will oversee operations for all of AAG's sales channels, including its call center, national field sales division and wholesale division. The hire comes not long after the leading reverse mortgage lender launched a massive rebrand that involved an expansion of the company's offerings in an effort to help seniors "retire better."
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  • Gateway Mortgage shuttering California branches, laying off dozens

    Oklahoma lender closing all 8 California retail branches
    Over the course of the year, thousands of people working in the mortgage business have been laid off as rising interest rates drive mortgage originations lower and the economics of the mortgage business become tougher for companies to survive unscathed. Now, Gateway Mortgage Group is joining that list and becoming the latest mortgage company to lay off a number of employees.
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  • LenderClose adds to sales, developer teams

    Brings on Erika DeMers and David Stiennon to facilitate growth
    LenderClose, a digital lending platform for credit unions and community banks, has hired two associates to its team, naming Erika DeMers sales associate and David Stiennon senior front-end developer.
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  • Former Altisource CTO becomes Cloudvirga EVP of technology

    Hires James Vinci to oversee tech initiatives
    Digital mortgage software company Cloudvirga has named James Vinci executive vice president of technology In this newly created role, Vinci will oversee initiatives to strengthen developer talent and collaborate across departments to scale technical initiatives to accommodate growth.
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