Career moves

The new recruits mainly cover the East Coast.

The 60-person group, headed by Marc Wadman, originates loans in Colorado, Georgia, Kansas, Louisiana, Missouri, South Carolina and Texas.

Kristy Fercho, who's run the bank's home lending division since August 2020, will report directly to CEO Charlie Scharf and sit on the operating committee. Last year, she became the first Black person to chair the Mortgage Bankers Association, and she took the top spot in American Banker's Most Powerful Women to Watch this year.

About half of the Texas-based lenders' offices are transitioning to American Pacific Mortgage, according to a source.

Also, FHFA promotes two key staff members, Cenlar welcomes servicing veteran, while Remax and CMG Financial's joint venture names its president.

CFO Julie Booth and General Counsel Angelo Vitale will remain with the Detroit-based company in advisory roles.

The post had been vacant on a full-time basis following Ryan Zanin's departure in May.

Also, SWBC lands two new chief officers, Angel Oak ups its correspondent business team and Movement Mortgage taps industry vets for newly created roles.

Also, Click n' Close, LendArch, First Community name chief officers, Evergreen promotes long-time leader to president and LenderClose grows its marketing team.

Emerging mortgage bankers can achieve a competitive advantage against big-box lenders by prioritizing a digital-forward mortgage business, writes the CEO of Click N' Close.

Katie Jones is the third woman added to the GSE’s chief officer ranks in the past year.

Wells Fargo CEO Charlie Scharf hired Mike Weinbach in 2020 as part of a broader organizational shake-up. The former JPMorgan Chase executive is leaving in mid-September as the consumer lending group transitions to a new leader.

Also, Xactus, iEmergent add to their C-suites, Planet Home grows its team and Longbridge Financial finds a chief operating officer.

Hafize Gaye Erkan, whose surprise departure from First Republic Bank disrupted the lender’s succession plans earlier this year, will become chief executive officer of Greystone as the closely held commercial-property lender expands into wealth management and private banking.

In the face of headwinds, mortgage leaders will stay strong by building on past experience, writes the president of Incenter LLC.

Cuts on one side of the business are creating a ready-made, knowledgeable pool of workers for servicers as demands on the latter's operations are increasing.

Also, Inlanta names its CEO, American Financial welcomes back a past president and Deephaven keeps growing.

Also, Academy Mortgage promotes COO to president, Movement focuses on diverse lending and Guaranteed Rate opens new branches on the coasts.

Johnson, who currently heads a housing-finance industry group, will take over this summer from longtime president and CEO Richard Hunt.

Also, Gateless promotes its own to chief technology officer, Panorama Mortgage Group announces new brand, Lower appoints its first CFO and more.