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He is leaving the Texas-based nonbank lender less than one year after it was acquired by New Residential Investment.

The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.

Also, Guaranteed Rate and Amerifirst Home Mortgage focus on Western expansion, Notarize adds chief officers and Timios names new president.

The company will be restructuring its executive team as it prepares to go public, with the board looking for a new chairman and a new president.

Derek Flowers, a 24-year company veteran, will replace the retiring Amanda Norton. Flowers' familiarity with the megabank's operations will help as it continues working through regulatory consent orders, CEO Charlie Scharf said.

Chief Operating and Growth Officer Pat Dodd becomes interim president and CEO following Frank Martell’s move to non-executive chairman of the company’s board.

Bob Walters' decades of experience with the brand offers stability as it fights to remain at the forefront amongst its competitors in mortgage and related businesses.

Total U.S. jobs came in below consensus estimates in December, according to the Bureau of Labor Statistics.

Tim Birkmeier, chief revenue officer at Rocket Mortgage, adds the president's role as part of the changes.

Branches across the country have closed temporarily, or switched to drive-thru service, as infections and quarantine rules have forced many bank workers to stay home.