Movement Mortgage Adds Stephen Polacek as Chief Credit Officer – NMP Skip to main content

Movement Mortgage Adds Stephen Polacek as Chief Credit Officer

Jan 22, 2018
Movement Mortgage has announced the acquisition of the retail lending assets of Platinum Mortgage

Movement Mortgage has hired former KPMG executive Stephen Polacek as its new Chief Credit Officer. Polacek joins Movement to lead the financial services firm’s credit risk management strategy and operations. Polacek has three decades of experience in credit, risk management, regulatory compliance and mortgage finance over a broad career in financial services.
 
In his role as Chief Credit Officer, Polacek will have responsibility for Movement’s credit quality, credit culture, credit risk management and overall credit processes. He will report to Chief Financial Officer Laura Bowles and be based at the company’s National Sales Support Center headquarters in Fort Mill, S.C.
 
Most recently, Polacek served as Director, Financial Risk Management Advisory, at global advisory firm KPMG. He has also held management roles at Goldman Sachs, Bank of America and Fannie Mae.
 
“Steve is a talented leader who will bring extensive experience and a deep knowledge of credit risk and regulatory compliance to our team,” said Bowles. “We look forward to building on our commitment to excellent credit management with his expertise.”

 
About the author
Published
Jan 22, 2018
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026