30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily.Data sourced from FRED
Awards

2020 HW Woman of Influence: Debbie Knotts

NewRez, Senior Vice President of Direct to Consumer Lending

Debbie Knotts

Debbie Knotts joined NewRez in September 2019 as part of the Ditech acquisition.

She had been at Ditech for over 14 years, and she has maintained tremendous loyalty and retention among employees while also facilitating enormous growth for NewRez. Knotts successfully transitioned over 80 licensed loan officers who contributed more than 25% of the company’s total funded production. Her staff increased funded volume by 74% in six months. Through targeted changes in sales management, Knotts led the improvement of locked productivity by qualified to produce loan officers by 100%. Knotts championed a 10-week program known as The Lab that trains individuals looking to break into the mortgage industry into productive licensed loan officers. Thus far, 39 licensed loan officers have been hired this year, coming from varying industries. Additionally, 90% of The Lab participants passed their licensing test, a pass rate 30% higher than the industry average. During her time at Ditech, the organization went through four CEOs, causing several major phases of transitions and adjustments for all senior leadership. During these times, Knotts demonstrated an exemplary attitude, presenting to her team as transparent, communicative, and thus managed to maintain employees and even increase productivity.

Most Popular Articles

Latest Articles

From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals

In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.