Alight Mortgage Solutions has seen rapid growth of its mortgage software as a service business and has announced some leadership changes to the division and its parent
Alight Mortgage Solutions has seen rapid growth of its mortgage software as a service business and has announced some leadership changes to the division and its parent.
The parent firm Alight Inc. is intending to extend into other verticals this year following the success of its mortgage industry focused operation. The firm attracted $11 million of investment earlier this year to support its growth.
The former group head of Alight Mortgage Solutions, Jared Huff, has been named CFO of Alight Inc.
“Jared leveraged his deep finance background in his work with mortgage industry CFOs and their teams and provided leadership and new ways of thinking about the economics of their businesses. He established Alight Mortgage Solutions’ customer-focused reputation in the industry, centered around excellence, integrity and bringing value to independent mortgage bankers,” said Michele McGovern, CEO, Alight, Inc.
Huff is succeeded in the mortgage business by Michael McFadden who has been hired from Stonegate Mortgage where he was senior vice president.
“I’m thrilled to welcome Mike to the Alight team to lead our fast-growing mortgage banking industry vertical,” commented McGovern. “Mike is a mortgage industry leader with a great depth of experience, including taking one of the industry’s most respected firms, Stonegate, public.”
Alight Mortgage Solutions has signed nearly 40 of the nation’s largest independent mortgage banking firms, including half of the firms in the top 10.
The parent firm Alight Inc. is intending to extend into other verticals this year following the success of its mortgage industry focused operation. The firm attracted $11 million of investment earlier this year to support its growth.
The former group head of Alight Mortgage Solutions, Jared Huff, has been named CFO of Alight Inc.
“Jared leveraged his deep finance background in his work with mortgage industry CFOs and their teams and provided leadership and new ways of thinking about the economics of their businesses. He established Alight Mortgage Solutions’ customer-focused reputation in the industry, centered around excellence, integrity and bringing value to independent mortgage bankers,” said Michele McGovern, CEO, Alight, Inc.
Huff is succeeded in the mortgage business by Michael McFadden who has been hired from Stonegate Mortgage where he was senior vice president.
“I’m thrilled to welcome Mike to the Alight team to lead our fast-growing mortgage banking industry vertical,” commented McGovern. “Mike is a mortgage industry leader with a great depth of experience, including taking one of the industry’s most respected firms, Stonegate, public.”
Alight Mortgage Solutions has signed nearly 40 of the nation’s largest independent mortgage banking firms, including half of the firms in the top 10.
