Former NewDay USA exec joins Mortgage Career Exchange as EVP

Highly respected head will spearhead the company's relaunch

Former NewDay USA exec joins Mortgage Career Exchange as EVP

Mortgage Career Exchange, a recruitment platform designed by mortgage professionals, has named Michael “Mo” Oursler (pictured) as its new executive vice president.

Oursler joined the company from NewDay USA, where he spent the past 10 years holding various leadership positions. Most recently, he served as president of the purchase division, overseeing loan origination and operations. Before that, he was chief operating officer and CEO of the NewDay USA Foundation.

Oursler’s appointment follows the company’s announcement of an enhanced model to support mortgage professionals beyond employment tools and talent acquisition earlier this year. The relaunch, scheduled for Q2 2023, will focus on greater community engagement.

Larry Silver, CEO of Superus Careers, the parent company of Mortgage Career Exchange, described Oursler as a “highly respected and intelligent mortgage professional” suited to lead the movement.

“He has trained and shaped thousands of men and women in this field, and I could think of no-one better to lead this movement,” Silver said in the company’s official announcement.

“I am very excited to be joining the Superus team,” said Oursler. “In my career, I’ve taken the most enjoyment from helping others succeed. The cycles of the mortgage industry can create unique challenges that you must really understand in order to help. I believe the business model here lends itself perfectly to serve both mortgage professionals and companies.”

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