Movement Mortgage is a South Carolina-based lender that recently experienced a shakeup in its sales division. Three of its veteran sales executives have left the company to join competitor Summit Funding.

This move is not necessarily unusual in an industry in which personnel departures are common as job opportunities between lenders frequently arise. Movement Mortgage has not commented on the situation in public. However, the implication is that these new Summit Funding executives will bring their years of expertise and experience to the new mortgage employer. This could prove a significant boon to Summit Funding, which will be able to benefit from their contact base and knowledge of the industry.

Important Elements:
• 3 veteran sales executives from Movement Mortgage left
• Joined Summit Funding, Movement Mortgage’s competitor
• Personnel movements common in industry
• Bring expertise and experience to new employer
• Benefit from contacts and knowledge of the industry

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