Pennington, one of the founding team members at Movement Mortgage, has spent over 15 years with the company as national sales director. Meanwhile, Shelton served as a divisional leader at Movement for 11 years, specializing in coaching, mentoring and training loan originators. Schoolfield brings 24 years of mortgage industry experience to his new role at Summit and served eight years as southeast regional director at Movement Mortgage before being promoted to divisional leader.
Read next: Cohen Financial CEO on navigating change: “Like turning a massive ocean liner”
“I’m delighted to join a stable, forward-thinking lender committed to the development of its people,” Pennington said. “That commitment to development extends far beyond loan production. We hope to continue on the great foundation that Summit Funding, Inc. has built and take it to a much higher level.”
“Todd’s hands-on approach to helping loan officers close more loans in the current market is very attractive, and his commitment and vision for future company growth made me excited to be part of the Summit Funding, Inc. family,” Shelton said.
“Todd has developed a strong leadership team and culture at Summit Funding, Inc., and I am honored to have been invited into both,” Schoolfield said. “I’m excited to be charged with growing a team that is committed to one another in a way that produces excellence for our borrowers and business partners.”
Source: mpamag.com