Jeff Weidell has been nominated to serve as vice chairman of the Mortgage Bankers Association (MBA) for its 2027 membership year. Weidell, the CEO of commercial real estate mortgage banking firm Northmarq, currently serves on the MBA’s board of directors and is the 2025-26 commercial and multifamily vice chair of MORPAC, the association’s bipartisan political action committee. The MBA plans to install Weidell in the vice chair role at its annual convention and expo in October.
Farmer Mac announced that Zachary Carpenter, the current president and chief operating officer of the secondary market provider for agricultural real estate and housing loans, will take over as CEO effective July 1. He will succeed longtime top executive Bradford Nordholm, who will transition into a senior adviser role with the honorary title of CEO emeritus through Sept. 30.
CrossCountry Mortgage (CCM) has added Chicago-based Dan Gjeldum and John Noldan, both of whom will hold the title of executive vice president of mortgage lending. Gjeldum is a 29-year industry veteran who worked for more than 14 years at Rate (formerly known as Guaranteed Rate). Noldan, who has 25 years of mortgage experience under his belt, also served at Rate for over a decade. CCM noted that while the pair have merged their operations, they will continue running their businesses independently.
PennyMac Financial Services, the parent company of the California-based lender popularly known as just Pennymac, has named Tiffany To to its board of directors. To, the CEO and co-founder of AI and operational intelligence software company Ontollo, formerly served as executive vice president and general manager of enterprise and platform at Atlassian.
SimplyPMG announced the promotion of Fernando Ospina to chief production officer, a role responsible for recruitment, retention and internal development. Titles that Ospina has held at the Las Vegas-based lender and its former affiliate Alterra Home Loans include branch manager, regional manager, senior vice president of national production and president of retail lending. Prior to entering the mortgage industry, Ospina served in the U.S. Army for 14 years and worked as a sheriff in New Jersey.
LoanDepot has promoted Joseph Grassi to chief legal and risk officer. Formerly chief risk officer at the California-based lender, Grassi spent 20 years as a senior attorney for Fannie Mae. He will now lead legal strategy, corporate governance and legal affairs, as well as loanDepot’s regulatory compliance, loan quality and enterprise risk management functions, reporting directly to CEO Anthony Hsieh.
Non-QM lender Logan Finance has hired Mark Luzi as managing director of sales for its western market, the company announced on LinkedIn. Luzi most recently served as a sales manager for LendSure Mortgage, where he also focused on the western U.S.
Ryan Hayes has been named head of field sales for Chase Home Lending, where he will work closely with production leadership to focus on supporting home lending advisers. Hayes has more than 20 years of mortgage industry experience, most recently leading the correspondent lending channel at Chase.
CFG Bank announced the launch of CFG Mortgage Partners, a strategic initiative focused on customized multifamily debt products for owners, developers and investors. The new business unit will be led by Dan Sacks, who served as senior managing director at Greystone for a dozen years, where he oversaw the production of more than $20 billion in multifamily loan volume.
Eric Lapin has joined FICO as vice president and head of strategy and market intelligence for the company’s Scores business, he announced on LinkedIn. Lapin has held senior leadership roles at FormFree, Old Republic Title and Black Knight, and recently served as an adviser for the American Bankers Association.
