One veteran mortgage trade group official, a staunch Republican no less, told us that Lawsky is an “honest and bright guy,” adding that he understands the issues.
Once word leaks out that a mortgage company is a takeover target, many LOs start weighing their options, contacting competitors who tried to recruit them in the past.
As part of the transaction, company founder and president Steven Horne will step down as president and chief executive officer, but will remain as a senior advisor.
RSS