About 65 mortgage professionals have not transitioned from AmCap Home Loans to its acquirer, CrossCountry Mortgage (CCM), and rival New American Funding (NAF) has hired the AmCap personnel to expand its business in Texas, the lender announced last week.

Industry veteran Tom Boyd became a divisional executive vice president at NAF in December after spending more than 10 years at AmCap, where his prior job was as division president. He was followed in the transition by Russell Calvert, who has a regional vice president position at NAF, along with 65 other mortgage professionals coming from AmCap.

HousingWire reported in early details ⇒

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