Bryan North-Clauss has been appointed Chief Revenue Officer (CRO) at Truv, the company announced in a press release.
North-Clauss bring more than twenty years of financial services experience to the position. Prior to Truv, he spent four years at AlphaSense, as VP and then SVP of Global Sales, Financial Services. He has also held leadership positions at Natixis CIB Americas, Deutsche Bank, Lehman Brothers, and Morgan Stanley.
“When I first met the Truv leadership team, I could tell that we had something special here,” North-Clauss said. “Truv’s best-in-class consumer-permissioned data platform has become indispensable for lenders, financial institutions and background screeners. I am thrilled to be joining Truv on their mission to put data back in the hands of consumers.…
By JARED WHITLEY
Storm clouds continue to hang over some U.S. markets. Four real estate titans have recently lost their Fortune 500 status. There are dire predictions specifically for the commercial real estate sector. Forbes summed up the housing market this week with, “Despite being well into the spring homebuying season, the housing market is still experiencing a winter chill.”
But for one company, the bad news is much worse.
Two lawsuits have been filed against Michigan-based United Wholesale Mortgage, with former underwriters accusing the company of a variety of misdeeds, including:
· Retaliation
· Hostile workplace environment
· Gender/sexual harassment
· Failure to pay minimum wages and overtime
This is the latest of a long list of accusations against…
Jennifer Schachterle has been named SVP of Sales and Business Development of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco).
In this position, Schachterle will oversee the bank’s relationships with its more than 300 member financial institutions across the West. She leads the team spearheading its sales, business development, and new member recruitment.
“I’m excited to join FHLBank San Francisco and the team that is fulfilling their mission to provide liquidity to members and support homeownership, fund development of affordable housing, and economically energize communities,” she said.
“As a former member of FHLBank San Francisco, I’ve seen firsthand their impact across so many touchpoints, and I’m inspired by the opportunity to partner with our member banks, credit…
Wilmington, NC-based MC Mortgage Group is joining mortgage platform UMortgage, the company announced.
MC Mortgage serves homebuyers in North and South Carolina. The company was named MPA Top Employer and Lender and Wilmington Cape Fear Home Builder’s Association’s Lender of the Year in 2021.
The company was founded in 2005 by President Patrick Stoy, a seasoned mortgage veteran with nearly 25 years of experience as a broker. He was named a UWM Top 1% Broker and a Top-100 Purchase LO with UWM in 2022. In 2021 he was named Mortgage Professional of the Year by the North Carolina Home Builders Association.
“Being that I’ve been a true independent mortgage broker since 2005, this platform will allow me the opportunity to…
Just months after a proxy fight that pitted loanDepot founder Anthony Hsieh against his Board of Directors, the company is announcing a series of leadership changes.
In a press release, loanDepot said the company is making “organizational changes expected to improve operational efficiency.”
Former CoreLogic executive David Hates is joining the company as CFO, starting June 26, 2023. Current CFO Patrick Flanagan is “departing the company” with no further explanation.
In another major shift, LDI Digital, including mellohome, will be consolidated into the company’s existing production channels. Jeff Walsh, LDI Mortgage President, will oversee the transition, while President Zeenat Sidi is leaving loanDepot as a result of the change.
Chief Accounting Officer Nicole Carrillo and Chief Human Resources Officer Kevin…
Realtor.com is getting new leadership, with Move, Inc. CEO David Doctorow stepping down, company officials announced in a press release.
Doctorow spent the last three years leading Move, the parent company of Realtor.com and several other real estate brands. During his time, Realtor.com saw record revenues, audiences, and consumer satisfaction. The website saw average monthly users reach a high of over 100 million in 2022. A new mobile app, a home search algorithm incorporating AI, and new agent/broker products all launched under Doctorow.
In addition, Doctorow strengthened employee and industry relationships, as well as completed the integration of OpCity into the Realtor.com business. The acquisitions of Avail and UpNest were also executed under his leadership.
Doctorow will be succeeded by…
Real estate fintech DwellWell has launched a conversational AI designed for homebuyers, according to a press release.
Leaders at the company announced Dwelly, a one-stop resource “for every homebuyer question and need throughout the process.”
Dwelly is meant to replace the “antiquated” high-touch experience for both homebuyers and industry pros. A homebuyer’s questions can be fielded through Dwelly at any hour of the day, saving real estate agents and mortgage lenders time.
It also routes buyers to real people when the need arises, including matching a buyer to real estate agents in their area when they’re ready for the next steps. Millennials, the largest cohort of homebuyers, prefer communicating via chat to get quick answers over making a call. Dwelly…
Planet Home Lending has acquired Illinois-based retail lender Platinum Home Mortgage, leaders at the company announced.
Most of Platinum’s origination staff, spread throughout 20 branch offices around the U.S., will join Planet, as will Platinum’s CEO and President Lee M. Gross. He is set to become Senior Vice President and lead the Platinum team.
“The move to Planet brings immediate access to improved pricing, technology, and marketing to Platinum’s branches,” Gross said.
“In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans.”
Planet is known for providing a customer-focused, high-touch experience. It has expanded…
Industry leader Alec Hanson has been promoted to Chief Marketing Officer at loanDepot.
Hanson has nearly two decades of experience. In 2004, he was named Rookie of the Year by Scotman’s Guide, and has since received HousingWire’s Rising Star award three times.
Hanson joined loanDepot in 2011, starting as VP of Regional Production for Southern California. He most recently served as SVP of Production for the West division.
Prior to loanDepot, Hanson held leadership positions at Bank of America. He also founded a cross-fitness company in Costa Mesa.
“I’ve been a part of the loanDepot story for more than a decade now in a variety of roles. This is a phenomenal company, made up of extraordinary people, with an incredible…
By KIMBERLEY HAAS
After a 27-year career, Rocket Companies CEO Jay Farner is retiring this week and he will be remembered as a keen businessman who helped make mortgages more accessible to average Americans as technology pushed transactions out of traditional offices and onto mobile devices.
Leaders at the company announced Farner’s retirement on February 13, saying that he had stepped down from his position on the Rocket Board of Directors and would begin transitioning his roles and responsibilities as CEO to longtime Rocket executive Bill Emerson. Emerson will assume the role of chief executive officer on an interim basis on June 1, according to the press release.
Farner, who is 50 years old, said in a statement that he…
