Tammy Richards Named Kind Lending COO

Industry veteran Tamara “Tammy” Richards is joining California-based Kind Lending as its new Chief Operating Officer. In her new role, Richards will oversee all operational aspects of Kind Lending, especially focusing on scaling its infrastructure and processes to support growth. “I am incredibly excited to join Kind Lending at such a pivotal time in the company’s growth,” she said.  “I am deeply impressed by Kind Lending’s commitment to social impact and its innovative approach to making homeownership more accessible for all.” Richards brings more than four decades of experience to the position, having served in positions across the mortgage spectrum. She held executive leadership roles at Bank of America, Caliber Home Loans, and most recently loanDepot, where she was COO.…

The Hangover: Staffing Cuts And Enhanced Efficiencies Are On The Docket For Lenders In 2023

By SCOTT KIMBLER Three leaders in the mortgage industry recently got together to discuss the challenges for lenders in 2023. A webinar was hosted by Augie Del Rio, founder and CEO of Gallus Insights. It included Rob Chrisman, capital markets consultant and founder of the Chrisman Commentary, as well as Tammy Richards, CEO of LendArch. All three lending veterans had various thoughts on what mortgage lenders need to do to not only survive in the current volatile mortgage market but also thrive in the down economy. “We are experiencing one of the most significant downturns in decades,” Del Rio said. “We are kind of all at the crossroads of the perfect storm. We are experiencing the fastest rising rate environment…

New LendArch COO Says They Can Help Mortgage Firms Improve The Loan Origination Process 

By KIMBERLEY HAAS The new executive vice president and chief operating officer at LendArch says they can enable lenders to optimize the mortgage experience from start to finish by digitalizing the real estate financing process. Karthik Kumar has 25 years of experience in the industry. He worked for Tata Consultancy Services from 2004 to May of this year. Citigroup and Standard Chartered Bank are among his previous employers, according to a press release. Kumar shared his excitement about the new position during a recent interview with The Mortgage Note. “I am in a company that is capital adequate, that has given me all of the empowerment to create, to experiment, in a way, to transform, to disrupt, so I am…