EXEC SPOTLIGHT

Who’s NEXT? Get to know some of the executives in the NEXT community.

loanDepot makes major changes to exec team

The company’s changes include the departure of four executives, including Zeenat Sidi, the head of its LDI Digital business. Sidi is being consolidated out of her position as LDI Digital moves under the control of LDI Mortgage President Jeff Walsh…

PAVE takes new actions to tackle appraisal bias

The actions will prevent bias in home valuation algorithms, help consumers fight appraisal bias, remove barriers to entering the appraisal profession, and increase transparency. They include…

ESSA Bank to pay $3M to settle redlining suit

The lawsuit was filed in federal court. It claims that from at least 2017 to 2021, the lender “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods” in the Philadelphia area…

Mortgage rates increase

As of June 1, 2023, the average interest rate for a 30-year fixed-rate mortgage was 6.79%, up from 6.57% last week. A year ago, the average rate was 5.09%…

Mortgage application volume falls

Mortgage loan application volume decreased by 3.7% on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association’s data for the week ending May 26, 2023…

JPMorgan Chase lays off 1,000 First Republic staff

JPMorgan Chase & Co. has notified about 1,000 staff of its recently acquired First Republic Bank that they will be let go. A person familiar with the matter told Reuters that nearly 85% of First Republic’s approximately 7,000 employees…

NEXT Voices

NextGen Influence & Pivotal Moments

Video conversations with executive leaders and mortgage social media influencers.

loanDepot makes major changes to exec team

The company’s changes include the departure of four executives, including Zeenat Sidi, the head of its LDI Digital business. Sidi is being consolidated out of her position as LDI Digital moves under the control of LDI Mortgage President Jeff Walsh…

PAVE takes new actions to tackle appraisal bias

The actions will prevent bias in home valuation algorithms, help consumers fight appraisal bias, remove barriers to entering the appraisal profession, and increase transparency. They include…

ESSA Bank to pay $3M to settle redlining suit

The lawsuit was filed in federal court. It claims that from at least 2017 to 2021, the lender “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods” in the Philadelphia area…

Mortgage rates increase

As of June 1, 2023, the average interest rate for a 30-year fixed-rate mortgage was 6.79%, up from 6.57% last week. A year ago, the average rate was 5.09%…

Mortgage application volume falls

Mortgage loan application volume decreased by 3.7% on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association’s data for the week ending May 26, 2023…

JPMorgan Chase lays off 1,000 First Republic staff

JPMorgan Chase & Co. has notified about 1,000 staff of its recently acquired First Republic Bank that they will be let go. A person familiar with the matter told Reuters that nearly 85% of First Republic’s approximately 7,000 employees…

Get Intel Daily

#MortgageTechBits

WFG enhances DecisionPoint® Instant Title Solution

WFG National Title Insurance Company's Lender Services division has added Rapid Legal & Vesting services to its DecisionPoint® Instant Title Solution suite. This new offering complements the company's existing national title and closing services offered through...

Fairway Independent partners with XINNIX

Fairway Independent Mortgage Corp. and XINNIX, a leadership and sales performance company, have announced that they're partnering. Fairway and its training branch, Fairway Ignite, will offer sales team members the opportunity to participate in XINNIX training at a...

Extraco Banks Selects Black Knight’s Empower LOS, to Drive Growth

Central Texas-based Extraco Banks has chosen Black Knight's Empower loan origination system and Surefire CRM to improve customer experience and create loyal customers. Extraco Banks is using the Empower loan origination system (LOS) from Black Knight to support its...

Frontwave Credit Union selects Black Knight’s Empower

Black Knight, Inc. announced that Frontwave Credit Union has signed a contract to implement the Empower loan origination system and several integrated solutions to support its expanding mortgage operations. The credit union will also use the Surefire customer...

Daily AI rebrands to Aidium, launches new CRM

Daily AI, a mortgage CRM company, has rebranded to Aidium Mortgage CRM and launched a new CRM product. Brands previously acquired by Daily AI, Whiteboard CRM and Recruitable.ai, will also be part of the Aidium portfolio. Aidium has made big changes to its mortgage CRM...

MMI launches Mortgage Industry Benchmarks report

Data intelligence firm Mobility Market Intelligence (MMI) announced the launch of the Mortgage Industry Benchmarks report, a monthly newsletter compiling lender and loan officer (LO) production data and trends to facilitate peer-to-peer comparison.  The report...

LoanCare will implement Black Knight Loss Mitigation solution

Mortgage subservicing firm LoanCare will implement the Black Knight Loss Mitigation solution to support payment assistance programs, Black Knight announced.  LoanCare also renewed its contract to continue using MSP, Black Knight's loan servicing...

Next Moves

Cindy Snow joins Core10

Cindy Snow has been appointed VP of customer success for Core10, provider of Accrue, a digital lending and banking platform. Before joining the company, Snow was fintech client strategy consultant for MX, and prior to that position, she was COO for FormFree, a company...

Kelly Yale joins Neo Home Loans

Mortgage industry veteran Kelly Yale has been appointed to the role of director of innovation & divisional VP for Neo Home Loans, a division of Luminate Home Loans, Inc. Yale was chief marketing officer for Intent Modern Mortgage Martech for nearly five years,...

Angela Strickler joins BVS Performance Solutions

Angela Strickler has been appointed to the role of regional vice president of sales for BVS Performance Solutions. She was previously senior sales account executive at Maxwell. Strickler brings decades of experience in the mortgage and housing industries, with...

Nicole Booth named CEO of QC Ally

Nicole Booth has been appointed to the role of CEO at QC Ally. She was previously the company's chief marketing officer. Booth brings extensive executive-level experience to her role. Her career includes roughly eight years with Quicken Loans/Rocket Mortgage, and Rock...

Nicole Mattiello joins TransUnion

Nicole Mattiello has been appointed to the role of client executive at TransUnion. Before joining the company she was VP, marketing & corporate communications at Certified Credit. During her two and a half year tenure with Certified Credit, Mattiello worked to...

Marianne Sullivan named COO of Sagent Technologies

Marianne Sullivan has been appointed to the role of chief operating officer at Sagent Technologies. Sullivan comes to Sagent from Fannie Mae, where she was SVP Single-Family Business Solutions. She had joined Fannie Mae in 2007 and had joined Sagent’s board in...

Emily Ela joins ProxyPics

Emily Ela has been appointed to the role of SVP, enterprise sales at ProxyPics, an on-demand photography system that provides location-specific real estate media and data from a network of over 65,000 gig economy workers. Ela has been in the mortgage industry for over...

Lisa Lang named head of Capital Bank Home Loans

Lisa Lang has been appointed to the position of head of Capital Bank Home Loans. Before taking this role, she was senior vice president of mortgage operations at Capital Bank, a position she held for over three years. Lang has extensive executive level experience in...

Laurie Sullivan joins OneTrust Home Loans

Laurie Sullivan has been named chief compliance officer for OneTrust Home Loans, a privately-owned direct mortgage lender and servicer. She comes to her new role after over four years as chief compliance officer at First Guaranty Mortgage Corporation. Sullivan brings...

NEXT, connecting women in the mortgage industry to grow and advance their leadership and careers.

Stay in the know

Get the daily intel that impacts your customers, employees and market. 

Up NEXT eNewsletter — Industry news

Thank you!

Share This