CAREER & COMPENSATION

AIME's CEO takes an additional AI leadership role, ALTA elects new president and Revolution, Tidalwave, Visio welcome chief operating officers.

On a year-over-year basis, Waterstone's mortgage business was able to grow pretax profits to $1.3 million in the third quarter, compared with $144,000 in 2024.

Stenger joins the Chicago-based lender after more than a decade at Movement Mortgage and will oversee its retail platform, including new tech enhancements.

The reduction in force affects under 1% of Rocket's team, with the decision to streamline operations made following identifying overlapping roles post-merger.

Onity adds former Meta exec as director, Click n' Close taps industry veteran as president while banks and credit unions boost their mortgage teams.

From volunteer trips to virtual costume parties, lenders are looking for new ways to boost employee wellness to keep their teams happy and healthy.

Manuel Valdes, after he was terminated and sued by Cornerstone, brought a claim against his former employer, plus Marc and Adam Laird, alleging discrimination.

Elimination of the mundane and the elevation of specialized experts able to train AI are among the changes the mortgage industry may see, its leaders say.

Sagent welcomes Rocket, Wells Fargo alums, Assurance Financial appoints a chief operating officer and Williston Financial hires an AI expert

More borrowers who locked their loans with higher financing costs could refinance and buyers may come in at the margin, former Fannie Mae economist said.

The retail business in its hiring announcement touted its technology offerings and transparent compensation structure in attracting the originators.

As the CFPB reconsiders LO comp rules, tech remains key to retention and performance, according to the Head of Customer Experience & Operations at Floify.

Antonio White says he wants to use his experience in Washington and finance to help individuals who want to build wealth and connections in their communities.

Although fewer industry leaders in a May survey are prioritizing cost-cutting, those bosses said they'd focus on back-office staff over other expenses.

Mortgage industry leaders say technology, whether in training or implementation, isn't effective without consistent, thoughtful human guidance.

The longtime mortgage professional oversaw numerous modernization efforts at the Veterans Affairs mortgage department, and the creation of a post-pandemic foreclosure prevention program.

The shake-up comes as the company posted its third straight quarter of losses and seeks to develop new technologies and partnerships while putting behind its tumultuous recent past.

Planet Home embarks on retail branch growth, Aces promotes compliance leaders, rising fintechs add sales executives plus more mortgage moves.

The sale of SIMPL marked a natural evolution of the software platform that will allow it to reach its full potential, one of its developers said.

When customers accepted lower rates, the lender drastically slashed its originators' compensation or cut it altogether, the lawsuit claims.