HMAC Accuses OCMBC Of Stealing Its “Jet Mortgage” Brand

A new lawsuit accuses OCMBC, Inc., dba Jet Alliance Mortgage, of poaching and its employee Michael Turturro of an elaborate scheme to steal an entire brand. Turturro was once a senior executive for HMAC, serving as a Divisional President starting in 2022. The company acquired the name “Jet Mortgage” and began working on building that division’s brand around the same time. His contract contained language prohibiting him from using “confidential information” about HMAC to benefit himself or another business, either “directly or indirectly.” Between 2022 and 2024, he gained further standing in the company and began leading its Unite Mortgage Division, eventually entering into a president and co-founder executive compensation agreement. HMAC alleges that Turturro gained significant status and influence…