Career moves

Sam Valverde, acting president of Ginnie Mae, has resigned after about six months in the job.

The new president of Movement Mortgage previously held senior positions at Stearns Lending, Caliber Home Loans, Bank of America and Countrywide.

Freedom Mortgage CEO Stan Middleman weighs in on the Fed, servicing policy, and broker-to-banker moves as he comments on challenging career experiences in his new biography.

The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.

Over 100 originators have returned to Loandepot's retail channel. The mortgage shop is also planning to beef up its VA lending segment with a new hire.

The Mortgage Bankers Association finds a chief financial officer, Two Harbors welcomes servicing executives and Assurance Financial taps industry veteran for new C-suite position.

The management changes come amid speculation that competition between Mr. Cooper and another player that's been more focused on digital operations is heating up.

Papanii Okai will fill a newly created position of executive vice president of product engineering at Rocket Mortgage.

Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."

Also, Opendoor adds former Fannie Mae president to board, NFM promotes social media influencer and the Mortgage Bankers Association names its new director of member relations.