Guaranty Home Mortgage Corp. Names New CIO

Nov 06, 2020

Director of Events

Guaranty Home Mortgage Corporation promoted Ryan McCormick to chief information officer. In his new role, he will be responsible for information systems, technology solutions, implementation and security.

McCormick has more than 15 years of experience in his role, according to a press release. He has been working with GHMC since 2005 and held several positions including mortgage loan officer, IT manager and executive vice president and director of information technology. Photo of Ryan McCormick

He assembled a team of IT professionals who deliver new, leading-edge software solutions, according to the release. McCormick also plays a key role in strategic, technical and management initiatives that mitigate risk, increase business and helps to enhance the customer experience.

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

Link copied

Published

Nov 06, 2020

Analysis and Data

Homeownership Slips Further Away For Californians

Only 18% of Californians could afford a median-priced home in 2024, with affordability gaps persisting across ethnic groups

Buying a home in California became even harder across all ethnic groups last year, as surging mortgage costs pushed affordability further out of reach, according to the California Association of Realtors (C.A.R.). Only 18% of Californians earned enough to purchase the sta...

Analysis and Data

Mr. Cooper Shrinks Originations But Strengthens Borrower Retention Ahead Of Rocket Merger

Loan production fell 10% in Q1, but purchase share climbed and borrower recapture hit 51% amid broader strategic realignment

Mr. Cooper Group reported first-quarter 2025 results that reflect a mixed environment for mortgage production and servicing, as the company emphasized operational stability and strategic expansion despite a slowdown in origination volume. Loan Production Mr. Cooper fun...