CAREER & COMPENSATION

Former Stockton originators are suing their ex-bosses for violating their privacy, in searching their personal accounts to show they were diverting borrowers.

Guaranteed Rate Affinity, joint venture between Guaranteed Rate and Anywhere Integrated Services, announced its national builder divisional manager.

The wholesale lender says it agreed to a $660,000 deal last summer for employees seeking overtime pay, an agreement the plaintiffs say never existed.

The latest accusations suggest a manager instructed a loan officer to photograph confidential data and process it in ChatGPT to avoid detection.

Former CEO Michael Strauss, who's left a wake of debts in New York, has no assets of value for plaintiffs to recover even if they secured default judgment.

Surveyed employees at top mortgage companies say pay is solid: 83% feel fairly compensated, with bonuses, benefits, and flexible options helping recognize hard work.

These home lenders with 500 or more employees are considered among their staffs the best mortgage company to work for in 2026.

These home lenders with under 100 employees are considered among their staffs the best mortgage company to work for in 2026.

While two employees say they were never repaid for a $200,000 loan to the struggling lender, the CEO says the pair broke their promise to cover business losses.

This year 40 companies had what it takes to land on the Best Mortgage Companies to Work For list.

Company veteran Austin Niemiec is running the wholesale arm after the departures of Fawaz, a prominent broker advocate, and general manager Dan Sogorka.

Hundreds of E Mortgage Capital employees, including loan officers, can opt-in to the complaint accusing the company of failing to pay them for overtime.

More mortgage professionals told National Mortgage News they expect their companies to hire, or stand pat, rather than fire workers this year.

Dan Sogorka is leaving Rocket to be with his family in San Diego, while Austin Niemiec's title is unchanged but he will no longer be responsible for retail.

Former Rocket CEO takes new board position, Tidalwave welcomes MBA and ICE alums, NFM promotes at the top and Evergreen, Dark Matter add to their C-suites.

A retail channel veteran, Promisco has spoken frequently about the potential of AI to bring efficiency and lower costs in the loan origination process.

Kind Lending, Class Valuation, also add CFOs, Mortgage Capital Trading boosts artificial intelligence efforts and Acra welcomes an industry veteran.

Patrick Terrance Donlon, CEO of Trusted American Mortgage, settled allegations from 21 states another person took industry education courses for him.

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.