Career moves

A simple rhyme reminds one loan officer in a bustling California housing market to stay focused, committed and to treat every loan equally.

From the future of Dodd-Frank to GSE reform, the next Congress will make major decisions that will shape the mortgage industry's future. Here's a look at the Senate candidates who have received the most money in political donations from the mortgage industry.

From House Speaker Paul Ryan to Financial Services Committee Chairman Jeb Hensarling, these 10 candidates for the House of Representatives attracted the most in campaign donations from the mortgage industry.

Heather Russell, who was fired earlier this year as Fifth Third Bancorp's chief legal officer, has re-emerged in a new role.

SunTrust Banks in Atlanta has agreed to buy the multifamily lending business of Pillar Financial in New York.

Stewart Information Services Corp. is reshaping its board by adding three independent directors and its CEO to the panel as part of a settlement with its biggest shareholder, activist investor Starboard Value.

Mortgage Contracting Services has acquired title insurance and settlement services provider Lenders Title Solutions.

A leader who surrounds herself with diverse thought and talent, Nikki Groff of Wallick & Volk Mortgage Bankers, formed a team that helped propel her to Top Producer status from a small Arizona town.

David Schneider, who became Ditech Financial's president in February, is no longer with the lender as parent company Walter Investment Management streamlines leadership under its new CEO, Anthony Renzi.

Mortgage industry hiring and new job appointments for the week ending Oct. 14.

Franklin Codel, Wells Fargo's head of mortgage, will now oversee all consumer lending as part of a management shakeup that comes amid the bank's fake account scandal.

Within hours of taking the reins at Wells Fargo, new chief Tim Sloan pledged to finish the reforms begun by his predecessor, John Stumpf, who stepped aside Wednesday in an attempt to quiet the phony-accounts scandal that has rocked the company.

The Wells Fargo phony-accounts scandal is barely five weeks old, but it felt like John Stumpf had been hanging on for five years.

The No. 3 U.S. bank by assets has made a change at the top after a snowballing scandal involving the creation of fraudulent accounts.

Nonbank lenders and brokers added 900 employees to their payrolls in August as home sales slowed.

Mortgage industry hiring and new job appointments for the week ending Oct. 7.

Two decades of experience with offshoring has shown that shifting operations work from knowledgeable, local workers to people in another country with oftentimes limited training comes with risks — of errors, of misunderstandings and of security lapses.

Bank mortgage servicers are slashing their staff in the wake of improved loan performance and decreased portfolio, according to Fitch Ratings.

Borrowers who go through a sour mortgage experience often leave poor business reviews online and move on with their lives. Houtan Hormozian decided to become a loan officer and give his clients the service and experience that he didn't get to have.

Mortgage industry hiring and new job appointments for the week ending Sept. 30.