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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

Mortgage tech firm TRAiNED Inc. hired two executives as it looks to take the company to its next phase of development. TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced.

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OneMain Financial to pay $4.25 million to New York State over cybersecurity lapses

Housing Wire

million penalty due to lapses in its cybersecurity controls by “failing to effectively manage third-party service provider risk, manage access privileges, and maintain a formal application security development methodology.”

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loanDepot VP Brian Covey moves to Revolution

Housing Wire

Covey, who announced the change Monday via a LinkedIn post , joined loanDepot in 2018 and led the sales teams in Tennessee, Alabama, Mississippi and Louisiana, recruiting and training more than 200 sales and operations team members. He also provided training to loan originators. billion in 2021. “…we

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CFPB issues consent order against Washington Federal for HMDA reporting violations

Housing Wire

The bank will pay a $200,000 fine for reporting inaccurate HMDA data in 2016 and 2017 — with error rates up to 40% in some cases, according to the CFPB. The settlement also orders Washington Federal to “develop and implement an effective compliance-management system to prevent future violations,” per the CFPB.

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Waterstone Mortgage promotes Rico Garcia to VP

Housing Wire

In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers. Rico is a collaborative team player, he is widely respected, and he has proven successful at developing meaningful relationships – both internally and with external partners.”.

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Interfirst to lay off 140 employees

Housing Wire

The company reduced its origination to $2 billion in 2016 before shutting down altogether in 2017. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course. Godin relaunched the business in late 2019 as a lender focused on both wholesale and retail channels.

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People movers: Home Point Financial, Zumper, Total Expert and NAR

Housing Wire

office’s Talent Development operations. The National Association of Realtors has promoted Andréa Moore to vice president of Diversity, Inclusion and Talent Opportunity, becoming responsible for internal diversity and inclusion strategy, recruitment strategy and processes and creating opportunities for internal staff, and Washington, D.C.