NFM Lending‘s LaTasha Waddy announced that she’s stepping into the role of company president. As a result, current NFM President Bob Tyson is moving into the CEO’s role, a move that was confirmed by NFM managing director Greg Sher on LinkedIn.

Sher told HousingWire that the changes were effective Jan. 1, and that CEO David Silverman “is just founder now and will continue to lead our tech initiatives and investor relations.”

Waddy, who also made the announcement via LinkedIn, has been with the company since 2010. She most recently served as NFM’s executive vice president and chief legal officer.

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