Naghmi (pictured right) previously served as senior vice president of the Eastern Division of Planet Home Lending. Additionally, Naghmi started his own mortgage company in 2000, Horizon Mortgage Corporation. He grew the company to four locations across the D.C. metro market with an emphasis on assisting first-time homebuyers in emerging markets.
Before joining First Option, Carroll (pictured left) was EVP and owner of The Carroll Mortgage Group. He started at the company as an assistant to his father in 1996, moving up through the ranks to the positions of loan officer, underwriter and operations manager. Carroll managed loan originators, processors and underwriters, as well as operations at the firm, before joining First Option.Investor and DSCR loans drive the segment’s growth as conforming lending loses ground
Loans classified by Optimal Blue as Non-QM or “Expanded Guidelines” captured 11.3% of mortgage rate-lock volume in August, reaching the highest level shown in the report’s three-year chart as investor and debt-service coverage ratio lending claimed a larger share of the segm...
The proxy adviser says Garg has not made the case for removing five directors, while Better’s interim CEO outlines a narrower strategy built around wholesale, home equity, and repeatable partnerships
Institutional Shareholder Services has recommended that Better Home & Finance shareholders oppose founder Vishal Garg’s campaign to remove a majority of the mortgage lender’s board, giving the incumbent directors influential outside support in the escalating fight for co...
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