Career moves

The former chairman of Ocwen and once-related Altisource businesses is filling the role vacated last year by Jason Kopcak and then interim CEO Danya Sawyer.

Also, Stavvy acquires new executives after latest acquisition, Logan Finance accelerates expansion and CV3, First Community and Kiavi add capital markets experts.

Morais, who leads the auto lender's consumer and commercial banking divisions, is preparing to leave as Ally Financial conducts a search for its next chief executive officer. She had been seen as a potential candidate to replace outgoing CEO Jeffrey Brown.

The company started announcing the cuts — which affect those staffers two levels below CEO Jane Fraser's executive management team — on Monday, according to a person familiar with the matter.

The departures of David Benson and Jeffrey Hayward means decades of internal experience are leaving the company, said David Stevens.

Also, lenders Click n' Close, Lower add c-level executives, Southern Bancorp embarks on expansion of mortgage division and Formfree finds new director of marketing.

He will take over the role from current non-executive chair Sara Mathew, who's allowed time on the government-sponsored enterprise's board is expiring.

Also, the Mortgage Bankers Association welcomes new lobbyist, Snapdocs names new CEO and Dovenmuehle hires chief information officer.

More than a year after leaving, Sanjiv Das will take a key role at a fintech.

Thomas Nides, a former U.S. ambassador to Israel and longtime Morgan Stanley executive, will take over the megabank's public affairs division as its work to fix regulatory concerns continues. He succeeds Bill Daley, the former chief of staff to President Barack Obama, who recently announced his retirement from Wells.

Michael DeVito has been able to grow the government-sponsored enterprise's net worth, but at the current pace and without a rule change, it could take 10 years to build enough capital to exit conservatorship.

Also, Appraisal Institute appoints new CEO, Common Securitization Solutions names technology officer and two new lenders move into reverse mortgage.

The recently slimmed-down company named Chief Operating Officer Danya Sawyer as the interim successor to the former Wall Street executive.

With the appointment, interim leader Bill Emerson will take over the role of president and chief operating officer, while Bob Walters announced his retirement.

Also, Cenlar welcomes client management leader, NFM promotes influencer-marketing executive and Guzzo & Co. hires transgender chief operations officer.

The branch, which has close to a dozen employees, hopped from its old employer, Motto Mortgage, to its most recent employer in mid-December, but only stuck around for half a year.

Also, Fannie Mae finds new board member, U.S. Mortgage Insurers ups legal, government relations teams, PRMG names general counsel and Down Payment Resource expands.

Smith joined the bank in January after serving as president of Keller Home Financial Services and heading Citi's U.S. mortgage business.

Approximately 32% of those surveyed by Everee said they plan to leave the business in the next 12 months, with another 17% saying they didn't know if they would stay.

Now is the time to recruit this diverse, technology-focused demographic into the home lending business, industry leaders say.