Career moves

The 60-person group, headed by Marc Wadman, originates loans in Colorado, Georgia, Kansas, Louisiana, Missouri, South Carolina and Texas.

Kristy Fercho, who's run the bank's home lending division since August 2020, will report directly to CEO Charlie Scharf and sit on the operating committee. Last year, she became the first Black person to chair the Mortgage Bankers Association, and she took the top spot in American Banker's Most Powerful Women to Watch this year.

About half of the Texas-based lenders' offices are transitioning to American Pacific Mortgage, according to a source.

Also, FHFA promotes two key staff members, Cenlar welcomes servicing veteran, while Remax and CMG Financial's joint venture names its president.

CFO Julie Booth and General Counsel Angelo Vitale will remain with the Detroit-based company in advisory roles.

The post had been vacant on a full-time basis following Ryan Zanin's departure in May.

Also, SWBC lands two new chief officers, Angel Oak ups its correspondent business team and Movement Mortgage taps industry vets for newly created roles.

Also, Click n' Close, LendArch, First Community name chief officers, Evergreen promotes long-time leader to president and LenderClose grows its marketing team.

Emerging mortgage bankers can achieve a competitive advantage against big-box lenders by prioritizing a digital-forward mortgage business, writes the CEO of Click N' Close.

Katie Jones is the third woman added to the GSE’s chief officer ranks in the past year.