Tidalwave announces new hires to lead mortgage technology sales

Tidalwave, a mortgage technology startup that’s integrated with Fannie Mae and Freddie Mac, announced Monday that it has hired a pair of industry veterans to bolster its sales team. John Stephenson has joined Tidalwave as its head of national sales, while Frank Pastirchak is the company’s new account executive. Stephenson is a former relationship manager […]

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Rocket lays off 2% of workforce after closing Redfin acquisition

Detroit-based Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion all-stock acquisition of real estate brokerage Redfin. The cuts affected roughly 2% of the firm’s workforce. “Following the Redfin acquisition, we carefully reviewed our combined structure, identified overlapping roles and made the difficult decision to streamline teams,” a spokesperson

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