Arrive Home Promotes Two Execs

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 alternative credit solutions to underserved and minority communities. Arrive says the change reflects the company’s growth since debuting in November 2022. “We are thrilled with the progress we’ve made since launching last year, and are excited to introduce other credit solutions to the market in the coming months,” said Pettit. Arrive offers a suite of products geared towards helping new borrowers buy a home, especially…

Open Lending’s Tom Rice Joins Volly

Tom Rice has been named SVP of Sales and Account Management at mortgage tech and marketing company Volly, according to a press release. Rice brings more than two decades of experience to the position, having previously served in leadership roles at Open Lending and CUNA Mutual. “I am thrilled to be a part of the Volly team,” said Rice. “I joined the company at a very exciting time. Volly is an incredibly innovative company with a people- and values-first approach that I greatly admire.” In his new role, he will lead Volly’s sales team while increasing revenue growth through new initiatives and programs. “I am beyond excited to have Tom join us here at Volly,” said CEO Katharine Loveland. “His…

SoFi Acquires Wyndham Capital Mortgage In Cash Deal

Digital financial services company SoFi Technologies has acquired Wyndham Capital Mortgage, the company announced in a press release. SoFi is a financial services company that offers a lending arm, as well as a financial technology stack. SoFi’s acquisition includes both talent and technology, allowing the company to expand the mortgage products available to its members. By integrating Wyndham’s scalable digital mortgage platform, the company is taking on a “full stack” approach that allows it to rely less on third-party partners and processes, according to company leaders. “At SoFi, we’re on a mission to help people get their money right, and purchasing a home is often one of, if not the, biggest financial decisions individuals make in their lives,” said Anthony…

Daily AI Rebrands To Aidium Mortgage CRM

Daily AI, a customer relationship management company, is rebranding as Aidium Mortgage CRM.  Company leaders say months of research and analysis revealed the name suited the company’s vision and goals while reflecting its focus on innovation and customer service. “We’ve been in the mortgage CRM space for many years, and this rebranding effort represents a strategic move to better align all our brands under one company with our mission to help mortgage companies succeed,” said Spencer Dusebout, CEO of Aidium.  “We’ve always been dedicated to providing the best solutions and customer service in the industry, and our new brand reflects that commitment.” The rebrand includes updates to the company’s core product, website, marketing materials, and other communications. Aidium says the…

First Home Mortgage Appoints Matt Nader To SVP, Director Of Sales

Matt Nader has been promoted to Senior Vice President, Director of Sales at First Home Mortgage, leaders at the lender announced in a press release. Nader joins the executive team after five years as a loan originator and branch manager, being named the company’s top originator for the last four years. “The last five years of originating at First Home Mortgage have been the greatest chapter of my career,” Nadar said. “I am looking forward to this new opportunity, and I can’t wait to dig in deeper with our sales force and marketing team to further build our origination business, open new relationships, and continue to be the best retail mortgage provider in the U.S.” Nader brings nearly two decades…

The Mortgage Calculator Takes On Non-QM

The Mortgage Calculator has entered the originations game and is now offering loans through a new entity, Mortgage Calculator Company LLC, the company announced. The company first went solo back in September, when it left its parent company and became a standalone correspondent lender with 200 loan officers. “We put in a lot of work to become a lender,” President Nicholas Hiersche said at that time. “We started as a branch at a bank, to a branch at a brokerage, to a branch at a lender. We are very excited to finally be in total control of our business.” Specializing in Non-QM products, Mortgage Calculator is offering DSCR loans, Bank Statement loans, and Fix and Flip loans. Borrowers can now…

Suzy Lindblom Appointed Arc Home COO

Non-QM lender Arc Home LLC has appointed Suzy Lindblom as Chief Operating Officer, the company announced in a press release. “Arc Home is well-positioned for steady growth through innovative proprietary products and technology, and I’m thrilled to have been chosen to be the Chief Operating Officer. My goal is to create a seamless customer-focused experience for our clients and homebuyers throughout the entire mortgage loan process,” Lindblom said. Lindblom is an industry veteran with a strong past history of leadership. Prior to Arc Home, she served as COO for First Guaranty Mortgage, and has held the same position at Planet Home Lending. She has also served as Managing Director of Operations at Stearns Lending. She has earned many industry awards,…

Katharine Loveland Named Volly CEO

Volly, a dynamic tech and marketing services provider for banks and mortgage companies, has appointed Katharine Loveland as CEO. “I am thrilled to be joining the Volly team,” said Loveland. “I look forward to scaling Volly’s business by bolstering our customers’ ability to thrive in this volatile mortgage market through the use of Volly’s comprehensive technology suite of products and services.” Volly, a portfolio company of New Capital Partners, provides digital engagement platforms, lending technology, and marketing services to facilitate the lending process for borrowers and loan officers.  Loveland will succeed Jerry Halbrook, who is transitioning to Executive Chairman. “We are delighted to welcome Kat to the CEO role for its next phase of growth,” Halbrook said. Loveland brings fifteen…

Maura Cohen Promoted To VP, Director Of Mortgage Services

Maura E. Cohen has been promoted to Vice President, Director of Mortgage Services and Consumer Lending for Centric Bank and Centric Financial Corporation, the company announced. “Helping individuals and families realize their dreams of homeownership and helping them take the first step to create generational wealth and economic stability is a real passion for me,” says Cohen. “Being part of a team that is a true partner to our mortgage clients throughout their home-buying and refinancing processes makes work a pleasure.”  She moves up from her previous role as Vice President of both areas, in which she monitored mortgage originations, processing, and settlements. During her tenure, she contributed to Centric Bank’s record-breaking loan growth. Her previous experience includes working for…

Angel Oak Opens New Branches In Carolinas, California

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…