A seek for a everlasting CEO substitute is underway with an government search agency, a number of sources informed HousingWire. Isaacs didn’t return requests for remark.
A spokesperson for Go mentioned the lender doesn’t touch upon personnel issues however that the corporate is “absolutely dedicated to serving our debtors and advancing our strategic objectives.”
“We’re extraordinarily happy with the progress we’ve made, significantly on this difficult mortgage setting, and we attribute this success to our unparalleled staff at GO.”
Sources on the firm mentioned Hansell, the previous CEO of NetJets and a backer of a number of Columbus, Ohio, companies by Tradepost Companions, didn’t at all times see eye to eye with Isaacs on operational issues.
The sources described Hansell as a “shrewd businessman” who’s “under no circumstances a mortgage man,” whereas Isaacs is a extra of “conventional” mortgage government who introduced over quite a few staffers from Fairway House Mortgage.
Per Modex information, Go Mortgage has averaged about $45 million in mortgages over the previous 12 months and has 79 producing mortgage officers, under historic averages.
