Career moves

Test your knowledge of the biggest mortgage headlines, from a new CEO to FDIC settlements. No. 2 pencil not required!

Lown's resignation creates a second vacancy in the government-sponsored enterprises c-suite, as it is also looking for a new CEO.

The new Optimal Blue CEO worked for the past year-plus at Medallia, and will bring that broader experience to the mortgage industry as it adopts generative AI.

The position had been occupied by Scott Smith on an interim basis following Black Knight's sale of the company to Constellation Software.

Besides allegations of trade secret theft, HMAC is accusing rival OCMBC and Michael Turturro of stealing the branding around its Jet Mortgage division.

The mortgage veteran will oversee all operational aspects at Kind, a post published by the multichannel lender said.

The total compensation of the highest paid CEO among the largest nonbank mortgage lenders in the country was $30.3 million in 2023, up by nearly 300% versus 2022.

The digital lender also agreed with a former executive to drop her lawsuit accusing the company of misleading investors.

Also, Hometap boosts capital markets unit with Wells Fargo alum, while Planet Home, A&D Mortgage, National MI and Mobility Market Intelligence all find new chief financial officers.

A good compensation package is a key recruitment and retention tool, but the agreements have to be sustainable to be successful.