Former ICE Mortgage exec Joe Tyrrell has been named CEO of Optimal Blue. Tyrrell brings more than two decades of mortgage, finance, and technology experience to the position. He previously served as president of ICE Mortgage Technology and chief operating officer of Ellie Mae prior to its acquisition in 2020. His most recent position was…
The Carrington Companies’ founder and longtime CEO Bruce Rose is transitioning out of that role, to be succeeded by company veteran Andrew Taffet. Taffet, currently the company’s Chief Investment Officer, will remain in that position and take on the duties of CEO. Rose will assume the position of Chairman of the Executive Committee. “This is…
Doug Timmerman was named interim CEO of Ally Financial following the departure of Jeffrey J. Brown, the company announced in a press release. Brown announced he would step down in October after fourteen years with the company, nine as CEO. He set his final day as January 31, or an earlier date as determined by…
Arrive Home has promoted two c-suite executives, the company announced in a press release. Matt Pettit, co-founder and president, has been promoted to CEO, while Tai Christensen, co-founder and chief diversity and public relations officer, will replace him as president. Arrive Home is a national affordable housing program that provides down payment assistance offerings and…
By KIMBERLEY HAAS The woman who led Guild Mortgage as it grew into a national company with operations in 49 states says the key to success is to have confidence and ask questions. Mary Ann McGarry retired as the CEO of Guild at the end of June after nearly 39 years with the company. “I…
Fintech exec Varun Krishna has been named CEO of Rocket Companies, the parent company of Rocket Mortgage. “I am honored to join the Rocket Companies team,” Krishna said in a statement. “Rocket has a rock-solid foundation and tremendous potential, with its comprehensive ecosystem and industry-renowned technology, strong brand, and award-winning client service. I look forward to…
Simon Chen has been named the new president and CEO of equity-minded buy-first lender Arrival Home Loans. “So thrilled to be joining such a great group of people at Arrival Home Loans and Pacific Private Money Inc. to make private money real estate borrowing and investments available to ALL!” he wrote in a LinkedIn Post. Chen…
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…
Long-time Rocket CEO Jay Farner is retiring after 27 years and he says the move will give him more time to focus on his family. Farner will officially retire effective June 1, 2023, according to a press release. He is also giving up his position on Rocket’s board of directors, effective immediately. “Being part of…
Dave Parker is taking over as LoanLogics’ CEO in the wake of Bill Neville’s departure, the company announced. This is one of several C-suite leadership changes for the loan quality tech company, which serves mortgage manufacturing and loan acquisition. Parker is being promoted from his most recent role, EVP of product. As CEO, he will…
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