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Wells Fargo CFO to Take Over Wholesale Banking

Wells Fargo announced a small shakeup in leadership. Effective May 15, current CFO Timothy J. Sloan will take over a new position as head of the bank’s Wholesale Banking group, with EVP John R. Shrewsberry stepping up to the CFO role.

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New Employment Needs Emerge as Industry Morphs

Although employment is being reduced, the need for certain types of talent is more critical than ever, according to Rick Glass, founder of R.T. Glass & Associates, one of the mortgage banking industry’s leaders in executive search since 1993. However, he said the demand for certain types of skills has changed during the past several years, and continues to change in order to adapt to new regulations and fluctuating markets.

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BSI Financial Introduces Quality Control Review System

BSI Financial Services, Inc., a privately held company specializing in residential mortgage servicing, subservicing, and quality control, announced the launch of BSI Client Asset Risk Evaluation System (CARES), an advanced loan quality control order management and process control solution.

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Zillow Names Tech, Real Estate Vet to New Role

Realtor.com’s former president has been recruited to put his expertise to work as chief industry development officer at Zillow, the company announced. Errol Samuelson has more than 20 years’ experience in technology and real estate, starting as president of Realtor.com in February 2007 after joining its parent company, Move, Inc., in 2003. In 2013, he was appointed chief strategy officer at Move.

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Mortgage Master Opens New Texas Location

Mortgage Master, a Massachusetts-based super-regional mortgage bank, announced the opening of its newest retail location deep in the heart of Texas. Leading the new office is Michael Marlow, a lifelong Houston resident with 26 years of experience in the residential mortgage industry.

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