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Mike Fawaz is Rocket Professional TPO’s new government vice chairman, taking the helm Jan. 1 from Austin Niemiec, who himself was promoted to Rocket Mortgage chief income officer. Niemiec takes the chief income officer title previously held by present Rocket Mortgage President Tim Birkmeier, in accordance with the corporate.
Fawaz, previously Rocket Professional TPO senior vice chairman of gross sales, brings over a decade of expertise to the position, starting his profession in 2011 with the mortgage large as a dealer. Previously few months, the division has rolled out a lot of instruments for mortgage brokers amid a aggressive and rocky wholesale setting.
Nationwide Mortgage Information spoke with Fawaz about his new position and what he thinks mortgage brokers are looking for in at this time’s market. Fawaz additionally voiced his issues about an anti-competition mandate from main competitor United Wholesale Mortgage that continues to bear courtroom challenges.
This dialog has been edited for size and readability.
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