LenderLive announced a new organizational structure aligning its various business divisions under two broad units — mortgage and services — as well as corresponding leadership changes. LenderLive Services, LLC will house settlement services and LenderLive Document Services, including GuardianDocs and WALZ Group. LenderLive Network, LLC will address fulfillment, lending and servicing.
Both will report up to the existing holding company, LenderLive Holdings, Inc., the company said in the announcement.
Pete Pannes, the company’s chief revenue officer, was named president of LenderLive Services. Joe Mowery, general manager of settlement services, now reports to Pannes. Jonathan Kunkle, general manager of LenderLive Document Services, also will report to Pannes.
Dave Vida, president of mortgage services, now serves as president of LenderLive Network. Rod Walz, president and founder of WALZ, is now vice chairman of LenderLive Holdings. In this new role, he will be a strategic advisor to CEO Rick Seehausen and the executive team, as well as to LenderLive Document Services.
Maria Moskver, who was director of compliance solutions at WALZ, is now the company’s general counsel and enterprise compliance officer for LenderLive Holdings.
“Basically, our businesses fall into one of two categories, regulated, as is the case with our mortgage services, and unregulated component services, such as our title, origination and servicing documents and offerings,” Seehausen said. “Our new structure will make it easier for us to work with our regulators, accelerate the expansion of our title operations, and allow us to take advantage of synergies among our document and settlement services businesses. While a number of our executives have new leadership roles, they have all been instrumental in building LenderLive and are the right team to take us to the next level.”