General World News

Go Mortgage sues former capital markets director for ‘corporate sabotage’

Go Mortgage sued its former director of capital markets for “corporate sabotage,” alleging computer fraud, violation of trade secrets, breach of contract and tortious interference with a business relationship.

The lender claims actions by Katie Chikonde cost the lender millions of dollars.

Chikonde, who was hired in January 2021, managed Go Mortgage’s warehouse lines, pricing, hedging and loan sales. She was the primary contact between Go Mortgage and its institutional lenders, investors and securitization counterparts. 

Chikonde was hired originally by GSF Mortgage Corp – before the lender was acquired by Go Mortgage in November 2021. Chikonde’s agreement remained in full effect as details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com