Michael Isaacs out as CEO of Go Mortgage
Briefly

An executive search firm is engaged to find a permanent replacement for Isaacs as CEO of Go Mortgage. The company remains committed to serving its borrowers and progressing towards its strategic goals. Former CEO Hansell had differing operational viewpoints from Isaacs, leading to tensions. Go Mortgage has seen about $45 million in mortgages over the last year, with 79 producing loan officers, which is below its historical average. Management credits their progress to the strength of their team during a challenging mortgage market.
Sources indicate that an executive search firm is currently undertaking the process of finding a permanent CEO to replace Isaacs. The Go spokesperson stated they don't comment on personnel matters but reaffirmed commitment to borrower service and strategic goals.
Hansell, previously the CEO of NetJets, has a different approach to business compared to Isaacs, who has a traditional mortgage executive background. The differences in their operational perspectives led to conflicts.
Despite the challenges in the mortgage environment, Go Mortgage's management expresses pride in their accomplishments, attributing success to their strong team during this period.
Data reveals that Go Mortgage has averaged approximately $45 million in mortgages over the past year and currently employs 79 producing loan officers, which is lower than their historical averages.
Read at www.housingwire.com
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