Mortgage Industry Sees October Shuffle with Key Appointments & Expansions
WASHINGTON D.C.- The mortgage industry is experiencing a flurry of activity as October unfolds, with several companies announcing key leadership additions adn strategic expansions. Here’s a rundown of notable “power moves” announced thus far:
Rate has welcomed Lynn Nemes as Sales Manager, recognizing her instrumental role in establishing the company’s Naples, Florida branch. Nemes will focus on mortgage originations and supporting her loan officer team,while also continuing her service as Area Director for two chapters of Networking Professionals International,a southwest Florida organization dedicated to business leader support and professional progress.
Revolution Mortgage has bolstered its executive team with two critically important appointments. Michele jaconelli joins as Chief Operating Officer,tasked with overseeing daily operations and leading a team of over 150 employees. Jaconelli brings extensive experience from previous COO roles at Infinity Home Loans, as well as executive positions at fulton Bank and Republic Bank. Alongside her, Paul Wyner has been named Chief Solutions Officer, leveraging his three decades of experience from leadership roles at Home Point Financial and First Savings Bank of Indiana, and advisory work with autonomous mortgage banks.
New American Funding has tapped Nathan Ballentine as Regional Vice President for South Carolina. Ballentine’s career began in loan origination before transitioning to leadership roles at Wachovia/Wells Fargo and Movement Mortgage. Notably, he also currently serves in his 11th term in the South Carolina House of Representatives.
Expanding its footprint, Planet Home Lending has added retail sales leaders randal McClanahan and David Wells as branch managers in the dallas area.
NEO Home Loans announced the addition of Jim Juergens as branch Leader, Distributed Retail. The company highlighted Juergens’ strong production record,noting he closed 91 loans totaling $43 million in volume last year.
Shifting focus to affordable housing, The NHP Foundation appointed Joseph P. weatherly as Chief Investment Officer.Weatherly’s background includes a start in finance at Morgan Stanley, followed by roles as Senior Vice President at McCormack Baron salazar and Chief Development officer at McCormack Baron Residential.
On the fintech side, Floify, a point-of-sale mortgage software company, announced the appointment of its Head of Marketing, Courtney dodd, to the Mortgage Bankers Association’s associate Advisory Council (MAAC). Dodd, who joined Floify in 2023, previously held marketing positions at SimpleNexus, ellie Mae, Calyx Software and PrimeLending.
down Payment Resource (DPR) announced that Brad Cardwell, Vice President of Sales and Business Development, has also been appointed to the MBA’s MAAC. Cardwell, a 22-year mortgage industry veteran who joined DPR in 2024, previously spent 19 years at Embrace Home Loans, most recently as Vice President of Innovation for Revenue and Sales Enablement.
