Deran Pennington, a former Movement Mortgage top sales executive sued for poaching by the lender, filed a counterclaim alleging that Movement breached the contract by failing and refusing to pay his due compensation. In total, he asks for about $13 million. 

In July, HousingWire reported that Pennington and two other top sales executives – Matt Schoolfield and Chris Shelton – parted ways with Movement Mortgage to join Summit Funding, which led to a legal battle between the parties. 

Movement filed a lawsuit in a U.S. district court in North Carolina in early October, accusing its former details ⇒

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