Movement Mortgage hires new president, CFO

Movement Mortgage hired Steve Smith to fill the role of president and chief financial officer.

Smith, who previously served as an executive advisor at Movement, will now be in charge of overseeing all sales, operations, finance and corporate functions at the company.

Movement's new C-suite executive has three decades of leadership experience in the mortgage industry, previously holding senior positions at Stearns Lending, Caliber Home Loans, Bank of America and Countrywide.

Casey Crawford, CEO of South Carolina-based Movement, pointed to Smith's "incredible track record of leading companies through aggressive growth and transformation."

 

"He is extremely gifted at understanding the strategic drivers of our business and how to provide the highest value for our loan officers and customers," Crawford said in a written statement Wednesday.

"I am energized by the passion and commitment to the growth opportunities that are ahead, and I believe Movement is uniquely positioned to win big in the coming years," added Smith in a press release.

Michael Brennan, who previously served as Movement's president, is now filling the role of national director of partner sales, the company's website shows. He held the role of president at the nonbank since 2021.

According to the Scotsman Guide, the mortgage lender originated nearly $20 million last year. On a national scale, Movement ranks 11th among its competitors.

Movement, a top-ranked mortgage lender, currently sponsors a little over 2,000 loan officers, according to the Nationwide Multistate Licensing System. It is licensed to originate loans in all 50 states and has over 400 branches.

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