General World News

Lenders, tech firms hire executives to navigate downmarket


Lenders and mortgage tech companies have been cutting costs in the downmarket, but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market.

Motto Mortgage, a national mortgage brokerage franchise, and wemlo, a mortgage processing solution with an all-in-one digital platform, tapped Chris Erickson as vice president of product and strategy for both brands this week. Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. 

Erickson will be in charge of product management, the procurement and advancement details ⇒

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