loanDepot taps George Brady as first chief digital officer
"I've long admired loanDepot's deep understanding of how technology can push the boundaries to serve and enable consumers and originators to seamlessly and successfully navigate the lending process," said Brady. Founded in 2010, loanDepot became a
SitusAMC appoints Garry Herdler as CFO
"Garry's proven experience as a financial leader and ability to design and execute strategies that deliver demonstrative value to operations, clients and investors alike will be critical as SitusAMC continues to grow and bring innovative, tech-forward solutions to market,” said CEO Michael Franco.
Evolve acquires E-Notary Seal, names Felicia Grimes vice president
Based in Frisco, Texas, Evolve Mortgage Services provides outsourced solutions to the mortgage industry, and the new addition furthers the company’s digital offerings to clients. “Adding this piece of the puzzle is key to completing our vision of an entirely electronic lending process from disclosures to closing and delivery all under one platform as opposed to multiple integrations,” said CEO Paul Anselmo.
Reggora taps former Snapdocs leader Mike Phillippi to head marketing
“Reggora is at a pivotal stage of growth, and Mike’s experience in the mortgage technology space, coupled with his creative energy and relentless commitment to building successful companies and teams, makes me deeply excited to add him to our roster,” said Brian Zitin, CEO and cofounder of Reggora. The company aims to shorten the appraisal process to two days and raised $30 million in Series B funding earlier this year.
Change Home Mortgage signs Jon Irvine as chief production officer
Previously known as
Cenlar welcomes return of Jim Scott to help lead client management
Based in Ewing, New Jersey, Cenlar services loans in all 50 states for banks, credit unions and mortgage bankers. “As we navigate through a post-pandemic environment, Jim will serve as a trusted partner to our clients, identifying and resolving loan-level issues and other challenges related to ending homeowner forbearances,” said Bob Hora, senior vice president for default operations.
Keystone Funding names former NewRez CEO Kevin Harrigan board chair
Based in Dover, Delaware, Keystone Funding is licensed to operate in seven states and the District of Columbia. “I look forward to working with the accomplished leadership team,” Harrigan said. “Together, we will build a best-in-class culture and customer experience and take the company’s impressive national, multichannel origination strategy nationwide.”
UpEquity appoints Andy Pruitt chief technology officer
“Andy will guide the production of UpEquity’s proprietary automated underwriting engine that will inevitably give UpEquity the ability to offer market-leading interest rates and the fastest timeline available in the industry,” said Tim Herman, UpEquity’s cofounder and CEO. In 2021, the company procured $25 million in Series A funding and added 50 new personnel. It plans to originate over $700 million in mortgages this year.
Greystone hires FHA lending veteran Karen Ford as vice president
“Karen is an icon in the FHA commercial lending industry, and we are thrilled to add her to our already best-in-class FHA platform,” said Field Springer, Greystone’s head of operations, FHA multifamily lending. “I am confident that Karen’s expertise will be an asset to our growing team.” New York-based Greystone is the country’s leading HUD lender of multifamily and health care loans.
MAXEX adds structured finance leader Lesley Goldwasser to its board
Founded in 2016, MAXEX is a digital-mortgage exchange for buying and selling residential loans through a single clearinghouse and recently received backing from
ChainLogix hires Jane Jaeger as vice president to expand tax products
“Jane will be a key component in expanding our service offerings,” said Khelef Mahfudh, principal of ChainLogix. “Her experience in operations and design, including the implementation of residential and commercial tax servicing systems, makes her uniquely qualified to lead the development of our new products.”
Premium Security becomes Homecision, names Ben Sillitoe president
“Ben is going to bring a fresh, modern approach to lending and continue building a company that loan officers and customers love. Retail is a very important part of our future, and we are fortunate to have talented people making this a reality,” said Ohlhausen. Founded in 2019, the company is based in Henderson, Nevada.
Embrace Home Loans adds Pamela Summers, Tyler Rhea to drive expansion
Summers has spent more than two decades in the mortgage industry, most recently at PenFed Credit Union, where she was its director of mortgage projects. She also held several lending management positions at Freddie Mac over close to 20 years, as well as at Suntrust Bank. Rhea comes to Embrace from Academy Mortgage Corp., where he was a regional business development manager, in charge of recruitment on the East Coast. He also held various positions at Norcom Mortgage prior to joining Academy.
“They were each hired as part of our overall expansion strategy to increase our market presence in existing and new regions across the country. We will continue to seek additional recruits to drive market growth in other regions,” said Jason Will, the company’s senior vice president of market growth.
SCOPE Capital taps Edward Brown as senior director
“Ed will be instrumental in the continued growth of our multifamily business,” said Phil Sharrow, managing director of SCOPE and principal of SCOPE Capital Group. “He practices with extreme transparency which will create synergies throughout our platform, something we believe the industry lacks.”
LenderClose promotes Trinh Le-Coulter, adds two to operations team
Taking over for Le-Coulter as director of operations is Bill Taha, who has been appointed to oversee a team of operational specialists assisting community banks, credit unions and vendors in the use of LenderClose’s technology tools. LenderClose has also hired Sheena Lovan as an operations specialist who will address client concerns and monitor progress and vendor turnarounds. Earlier this year, LenderClose raised $10 billion in
Movement Mortgage taps Tom Knee to lead Northeast region
Movement is the sixth largest retail mortgage lender in the U.S. Headquartered in Fort Mill, South Carolina, the company funds approximately $30 billion in residential mortgages each year and is licensed in all 50 states.
Trez Capital names Ryan Hodgdon vice president of originations
“We have a rigorous results-oriented, risk-managed approach when evaluating opportunities and offer flexibility that you may not find at more traditional lenders,” Hodgdon said. “At Trez Capital, there is an entrepreneurial mindset backed by institutional capital, which I believe gives us a competitive edge.”
Birchwood Credit promotes Larry Avery to senior executive VP
“Larry will be instrumental in expanding our national footprint and increasing continuity across all departments within our organization,” said Tom Cooper, president of Birchwood Credit Services.
Reverse Mortgage Funding opens Hawaii branch led by Percy Ihara
Ihara is a mortgage-industry veteran, who has focused on reverse mortgages for almost two decades. He is also the publisher and editor of Generations Magazine, a publication covering issues of interest to Hawaii’s older population.
Union Home Mortgage adds Becky Roberts to Louisiana office
With almost four decades of experience, Roberts has held several sales and originations roles in the mortgage industry, including at Parish National Bank, and most recently, with Standard Mortgage Corporation. Based in Strongsville, Ohio, Union Home Mortgage operates over 150 branches across the country and is licensed in 45 states.
Urban Land Institute taps Peter Ballon as global chair
Ballon is currently global head of real estate for CPP Investments, an investment management firm that manages the assets of the Canada Pension Plan. “Perhaps the greatest challenge and where real estate has an outsized influence is climate change,” Ballon said. "ULI can be a thought leader, helping the real estate world address that challenge and turn it from a negative to a great opportunity for all stakeholders in the industry."
Blockchain fintech Bee Mortgage adds Scott Miller to board
"The fact that the industry hasn't changed that much from 10, 15, even 20 years ago is frightening for consumers, not to mention buyer affordability,” Miller said. “Bee's mission to address this problem is something I can totally get behind from an investor standpoint."