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Andy Pettola has more than 30 years of mortgage industry experience.
Pat Bolan brings over 30 years of production and leadership experience.
Co-Founder Patty Arvielo promoted to CEO alongside her husband; COO Christy Bunce promoted to president.
Available only in certain areas, the funding does not need to be repaid and can be used for upfront costs.
Calif.-based company has now cut 941 jobs in 2022.
Fitch Ratings also gave stable outlook as servicer revealed plans to expand into Non-QM loans.
