From the board room to the C suites, mortgage firms are making executive changes. In addition, two companies made management changes in their wholesale divisions.
EJF Capital disclosed in a Schedule 13D filing that it intends to nominate two candidates to the board of directors of Mount Laurel, New Jersey-based PHH Corp.
PHH said in a March 9 statement that it maintains active dialogue
with its investors, and its corporate governance committee will review EJF’s board candidates.
Michelle Donnelly has been hired as chief commercial officer at Fort Mill, South Carolina-based Movement Mortgage LLC, a news release Monday stated. She is the first such executive at Movement.
Donnelly came from a 17-year stint at Eli Lilly & Co. and attended Harvard Business School. She’ll be responsible for helping Movement achieve its business objectives and implement commercial strategy.
In Jenks, Oklahoma, Rob Hunt was hired as chief administrative officer of Gateway Mortgage Group, a Feb. 28 statement said. Before joining Gateway, Hunt worked at Capital One for seven years.
The new chief financial officer of Marketplace Home Mortgage is Brett Esterberg, the Edina, Minnesota-based firm said Tuesday. Esterberg was recruited from U.S. Bank Home Mortgage, where he
spent more than a decade.
Pacific Union Financial
LLC announced on Monday that Greg Armstrong was hired as senior vice president and west division manager for wholesale lending. His more than three decades in the mortgage business included time at Nationstar Mortgage Wholesale Lending, Stonegate Mortgage Corp. and Wells Fargo Home Mortgage. Armstrong will be based in Costa Mesa, California.
Irving, Texas-based Pacific Union reports a $23 billion mortgage servicing portfolio.
On March 8,
Sierra Pacific Mortgage announced that Al Crisanty was brought on as wholesale sales manager. He’ll work from the company’s headquarters in Folsom, California. During his more than 35 year’s in the industry, Crisanty worked for a variety of mortgage bankers including American Home Mortgage, Caliber Funding LLC and HomeSide Lending Inc.
