Movement Mortgage Hires Industry Veterans Greg Richardson, Caroline Payne to Manage Capital Markets

CHARLOTTE, N.C., April 1, 2015 /PRNewswire/ -- Movement Mortgage, a full-service privately-held national mortgage bank, has selected two industry veterans to assist in the expansion of its secondary marketing division. Greg Richardson has joined the company as Executive Vice President and manages the overall operations of the division including all aspects of mortgage trading, execution and MSR strategies. Caroline Payne has joined as Senior Vice President of operations and manages investor relationships, product development and secondary marketing operations.

"Greg and Caroline possess insight and experience that will be strong assets to Movement Mortgage as we continue growth nationwide," said Casey Crawford, founder and CEO of Movement Mortgage. "They know the mortgage industry inside and out, and perhaps more importantly, they understand the critical role our company plays in the move toward change in the industry, in corporate cultures and in our communities."

Richardson brings more than 25 years of experience in mortgage trading, portfolio management, secondary marketing and mortgage servicing rights hedging and valuation. Prior to joining Movement Mortgage, he was the President and COO of North Carolina-based AltaMira Mortgage. Richardson previously was the Director of residential whole loan trading desk at Wells Fargo Securities., Managing Director for strategy and business development at Opus Capital Markets/Mortgage Data Management Corporation, portfolio manager of a $20 billion residential loan portfolio and the SVP of secondary marketing at Wachovia.

"It's an exciting time to join Movement Mortgage as the company continues its rapid growth and its industry leading commitment to superior service for homebuyers, real estate agents and its employees," Richardson said. "I'm looking forward to contributing my talent to this company that was built on the passion for service."

Payne brings 25 years of mortgage and capital markets experience with a focus on business infrastructure design and implementation. Her areas of expertise include investor relations, contract finance, product development and transaction management on behalf of First Union, Wachovia and Wells Fargo. Most recently, she served as partner and head of operations and transaction management at AltaMira Mortgage, LLC..

About Movement Mortgage

Movement Mortgage is the nation's fastest growing, privately held mortgage bank. Founded in 2008, Movement exists to love and value people by leading a movement of change in industries, corporate cultures and communities. Movement is known for its agent-centric business model and innovative loan application process, which begins with upfront, six-hour underwriting and includes a goal to finish processing the application within seven business days. For more information visit http://www.movementmortgage.com or follow Movement on Twitter @MovementMtg.

SOURCE Movement Mortgage

Related Links

http://www.movementmortgage.com

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