Career moves

Mortgage industry hiring and new job appointments for the week ending Aug. 12.

Fifth Third Bancorp, Ohio's largest lender, fired Chief Legal Officer Heather Russell last month after she disclosed a romantic relationship with the chief executive officer of Fannie Mae, Timothy Mayopoulos, The Wall Street Journal reported.

Walter Investment Management Corp. lost $232.4 million in the second quarter as the company took $216 million in charges related to its mortgage servicing portfolio.

Marketplace lender Lending Club has added Fannie Mae Chief Executive and President Timothy Mayopoulos to its board of directors.

Republican presidential nominee Donald Trump's campaign has named The Federal Savings Bank Chief Executive Steve Calk to its economic advisory council.

BOK Financial plans to exit the correspondent lending channel by the end of the year because of increased competition and low rates.

Mortgage industry hiring and new job appointments for the week ending Aug. 5.

Independent mortgage banking and brokerage firms added a whopping 5,900 full-time employees to their payrolls in June, according to a report issued Friday by the Bureau of Labor Statistics.

What does a Top Producer look like? Like anything else, there is no singular representative. Marketing strategies span everything from billboard and television ads to movie events and bobble-head giveaways. Many focus on one state for business while others cover as much land as possible. One thing that binds them as the most successful in their field: help. From family and friends to outstanding teammates to mentors and coaches, every Top Producer acknowledged they could not have reached the level they have without support.Here, by the numbers, are six characteristics that make up the class of 2016 Top Producers.

Fairway Independent Mortgage Corp. has launched an employee stock ownership plan.