Finance of America announced the hiring of Graham Fleming as permanent CEO and the promotion of Kristen Sieffert to president. Fleming had been serving as the company’s interim CEO since July 2022. He joined the company in 2013 before being promoted to president in 2020. Fleming is a 25-year veteran in the mortgage industry, including positions at Icon Residential Lenders and Finance America. Sieffert had been serving as president of Finance of America Reverse since 2015.
Cenlar FSB announced that Brad Cargile was appointed as vice president of IT infrastructure. Prior to joining Cenlar, he was most recently at Fidelity National Information Services, where he served as technology strategy director. He was also vice president of systems infrastructure at GMAC Mortgage/Ally Bank. Cargile earned a bachelor’s degree from Texas State University.
Guaranteed Rate added a trio of new hires: Marlin Morales, Chris Ackerman and Tae Do. Morales, who brings more than 14 years of sales to the Guaranteed Rate team, joined the company as vice president of mortgage lending in San Antonio. Ackerman joined as a producing branch manager in Billings, Montana. He has been in the industry for 25 years, having worked previously at Wells Fargo, Rocky Mountain Bank and Cornerstone Home Lending. Do, who was appointed as a vice president of mortgage lending in Arlington Heights, Illinois, brings 19 years in the mortgage industry, including more than six years at Wells Fargo and three years at Draper and Kramer. He is a graduate of the University of Illinois at Urbana-Champaign.
Momentum Loans announced the appointment of Rob Allphin as executive vice president. Allphin has worked in the residential mortgage industry for 30 years and has been recognized as a national leader in sales and production. He has previously worked with First Colony Mortgage, Guild Mortgage and Academy Mortgage.