An executive search firm is currently conducting a search for a permanent CEO replacement, according to multiple sources familiar with the matter. Despite requests for comment, Isaacs, the current CEO, did not provide any response.
While a spokesperson for Go Mortgage declined to comment on personnel matters, they emphasized the company’s unwavering commitment to serving borrowers and achieving strategic objectives.
“We are proud of the significant progress we have made, especially in the current challenging mortgage landscape, and we attribute this success to our exceptional team at GO Mortgage,” the spokesperson stated.
Insiders at the company revealed that Hansell, the former CEO of NetJets and a prominent investor in various businesses in Columbus, Ohio through Tradepost Partners, had differing views with Isaacs on operational issues. Described as a savvy businessman with limited experience in the mortgage industry, Hansell contrasted with Isaacs, a more traditional mortgage executive who brought a number of former Fairway Home Mortgage employees onboard.
According to Modex data, Go Mortgage has maintained an average of approximately $45 million in mortgages over the past year, with 79 productive loan officers, slightly below historical levels.