LenderLive Reorganizes Into Two New Business Units

Posted by Patrick Barnard on June 01, 2016 No Comments

LenderLive has reorganized itself into two new business units – mortgage and services – and has made some corresponding leadership changes.

The two new units are LenderLive Network LLC, offering fulfillment, lending and servicing, and LenderLive Services LLC, offering settlement services and document services. The latter division includes GuardianDocs and Walz Group.

As part of the reorganization, Rod Walz, president and founder of Walz Group, has been named vice chairman of LenderLive Holdings. In this new role, Walz will be a strategic advisor to CEO Rick Seehausen and the executive team, as well as to the newly combined LenderLive Document Services.

Dave Vida, president of mortgage services, now serves as president of LenderLive Network.

Pete Pannes, the company’s chief revenue officer, has been named president of the new LenderLive Services.

Joe Mowery, general manager of Settlement Services, and Jonathan Kunkle, general manager of LenderLive Document Services, now report to Pannes.

Maria Moskver, who was director of compliance solutions at Walz Group, 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 offerings,” Seehausen explains in a release. “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.”

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