Bill Scavone has been named president of Weichert, Realtors, while continuing to hold his current position of president of Weichert Real Estate Affiliates, the company announced in a press release. Scavone will take charge of all departments within both companies, including sales, recruiting, and operations. He has been with Weichert Real Estate Affiliates for 18 years, serving as a franchise sales leader, COO, and president. He successfully led the company into its fastest period of growth, with increases in net franchises, gross commission income, and profit. Under his leadership, the business has been named to Entrepreneur Magazine’s Top 500 Franchises for 18 years in a row, as well as the Franchise Business Review’s Top 200 Franchises for the last seven…
Non-QM lender Angel Oak Home Loans has opened five new branches in three states, the company announced. South Carolina now has three additional branches, one in Charleston, led by Ed Powell, SVP of Angel Oak Home Loans’ Consumer Direct Division; one in Columbia, led by Drew Church; and one in Cheraw, also headed by Church. The other two locations are in San Marcos, CA, led by Sean Casey, SVP and Western Regional Sales Manager, and Jacksonville, North Carolina, led by Brian Mitchell, Regional Sales Manager. Angel Oak now has 52 offices across 43 states. These five new branches add to a time of growth for the company, which opened four new offices just last month. “Angel Oak is well equipped…
Mike Smith has been appointed Chief Financial Officer of Doma Holdings, the company announced in a press release. Smith was promoted from within the company, where he previously served as its Chief Accounting Officer and acting CFO. “I am honored to serve as Doma’s Chief Financial Officer and continue working with our talented leadership team, Board of Directors and everyone at Doma,” he said. “I am excited about continuing to deliver on our vision of removing the friction and frustration from the home closing process to make the real estate transaction a better experience for everyone involved.” Smith brings three decades of leadership to the position, having led teams through public company transitions for IPOs, acquisitions, and others. Before joining…
Dr. Skylar Olsen has returned to Zillow as Chief Economist, the company announced. “I’m honored to return to Zillow as chief economist and help home buyers, sellers, and renters across the country better understand their options and how to best navigate what has become an increasingly trying housing market,” Dr. Olsen said. “I truly revel in the opportunity to provide the tools and information to help people make some of the biggest, most impactful decisions of their lives.” Dr. Olsen worked at Zillow from 2012 to 2020, with her most recent position being Senior Principal Economist. She lefts two years ago to found her consultancy, Reimagine Economics, and to serve as head of economics at digital mortgage startup Tomo. She…
First Community Mortgage (FCM) has named Andrew Badstubner as its new Chief Information Officer, the company announced in a press release. Badstubner brings two decades of experience in technology management, software development, and product engineering, previously serving as CIO at NewRez and Ditech Holding Corporation. His other experience includes CTO at Kabbage, Inc., VP of Product Development for ista North America, and Senior Director of Information Technology at Cbeyond. Badstubner said he looks forward to supporting FCM as they continue to build their digital capabilities. “We have ambitious growth goals that will allow us to enhance the experience of our customers and business partners, while also improving the experience internally for our loan officers and fulfillment staff,” Badstubner said. Badstubner…
Multiple new executives have joined Better.com to bolster its leadership team and forge long-term growth, the company announced in a press release. Better’s biggest pulls are Sushil Sharma as Chief Growth Officer, the first for the company, and Steve Riddell as Head of Sales. Sharma is an industry veteran with two decades of experience in product management and software engineering. Prior to Better, he served as Chief Product Officer at both LendingTree and Match. “Better’s mission to make homeownership simpler, faster, and more affordable instantly drew me in,” said Sharma. “A home is much more than a place to live: it provides stability to raise a family and is one of the biggest financial assets an individual can own. I…
By KIMBERLEY HAAS The newly named Chief Executive Officer for Bonzo said in a recent interview that a secret to success is building work around your life. “What do you love to do? What are you interested in?” Chad Jampedro asked while talking about what his advice to young people is. “Choose your obsession,” Jampedro said. “You can have it all.” Jampedro sat down with The Mortgage Note after transitioning from home lending to relationship management. He is the former President of GO Mortgage, according to LinkedIn. Jampedro was a customer and investor at Bonzo before being named CEO this spring. He described the stress related to home lending during COVID. “It was an all-out sprint for two years,” Jampedro…
Waterstone Mortgage has announced the opening of a new branch in Franklin, Tennessee. The branch will be led by David Gatheridge. He brings more than two decades of mortgage lending and financial services experience to the branch. Gatheridge’s past experience includes Branch Manager positions at Novus Home Mortgage and First Community Mortgage, and Sales Manager with loanDepot. He is a Certified Mortgage Advisor. “[T]he biggest reason I joined was due to the leadership at the top – they are ultra-sensitive and responsive to what we go through at the branch, which is how they drive growth for the organization,” Gatheridge said. He also noted that Franklin and its surrounding communities are the perfect areas to buy a home. “Franklin is…
Nadia Aziz has been named Chief Operating Officer of Roostify, a mortgage and home equity lending tech provider, the company announced in a press release. Aziz brings more than twenty years of experience in financial services and fintech, especially in the home lending world. Her areas of expertise include strategy, product management, operations, technology, and risk management. “A home lending transaction, whether for a home purchase, refinance, a home equity loan or a line of credit, is fraught with stress and frustration for the borrower and entails multiple steps and handoffs for the lender,” Aziz said. “Borrowers are looking for an experience that is simple and trustworthy, and lenders are looking for a process that is efficient, transparent, and quick.…
By KIMBERLEY HAAS Two heavy hitters who recently joined the Guild Mortgage team in Kansas say although the market may be tough for potential buyers now, a home is still a great investment. “Every time you make your mortgage payment you’re putting money into your 401K,” Senior Loan Officer Paul Camenzind said during a recent interview with The Mortgage Note. Overland Park, Kansas, where Camenzind works, has earned a positive reputation as an affordable and family-friendly community, with accolades including being ranked in the “Top 10 Best Places to Live in the United States” by CNNMoney, named “Best Place to Raise a Family” by WalletHub, and included in the list of “America’s 10 Best Places to Grow Up” by U.S. News and…
