LenderLive Reorganizes Business Units Following Walz Group Acquisition

LenderLive has reorganized its various business divisions under two new units — LenderLive Network and LenderLive Services.

LenderLive Network, comprised of fulfillment, lending and servicing, and LenderLive Services, encompassing settlement services and LenderLive Document Services, which now includes GuardianDocs and Walz Group, will both report up to the existing holding company, LenderLive Holdings Inc.

In addition to the new organizational structure, the Denver-based mortgage services provider also made several leadership changes.

Rod Walz, president and founder of Walz Group, is now vice chairman of LenderLive Holdings. In this new role, he will be an adviser to CEO Rick Seehausen and the executive team, as well as to the newly combined LenderLive Document Services.

Dave Vida, president of mortgage services, will now serve as president of LenderLive Network.

Pete Pannes, the company's chief revenue officer, has been named president of LenderLive Services, while Joe Mowery, general manager of settlement services, will now report to Pannes.

Jonathan Kunkle, general manager of LenderLive Document Services, also will report to Pannes.

Maria Moskver, who was director of compliance solutions at Walz Group, is now the company's general counsel and enterprise compliance officer for LenderLive Holdings.

Commenting on the new organizational structure, Seehausen said, "Basically, our businesses fall into one of two categories: regulated, as is the case with our mortgage services, and unregulated component services, such as our title, origination and servicing documents offerings."