Neil Bader, the national retail sales manager for Total Mortgage Services, Milford, Conn., has parted ways with the company after less than nine months on the job, National Mortgage News has learned.
Bader’s departure comes about two months after the privately held nonbank lost its
A spokesman for TMS confirmed the departure but declined to say why Bader left the company. It also has not commented on why Melillo left.
The firm said that company CEO and founder, John Walsh, for now, will assume Bader’s duties while it searches for a replacement.
Bader, a 25-year veteran of mortgage finance, could not be reached for comment.
Despite the departures, the spokesman said the firm is committed to both the retail and the wholesale channels.
As a practice, TMS does not disclose its origination volumes. NMN and the
