Nationwide Mortgage Bankers Appoints Industry Veteran to Lead Credit Risk Amidst Expansion

Charlotte, NC – November 3, 2025 – Nationwide Mortgage Bankers (NMB), a rapidly growing mortgage company, announced today the appointment of Traci Harding as Executive Vice President of Credit Risk and Product Development. The move signals a strategic investment in risk management as NMB continues its aggressive expansion, particularly within the competitive Southeast market.

Harding brings over 25 years of mortgage industry experience to NMB, most recently serving as Senior Vice President of Credit Risk at Movement Mortgage. Her appointment comes at a pivotal time for the mortgage landscape, which is navigating rising interest rates, economic uncertainty, and a shift in consumer behavior.

Strategic Growth in a Tight Market

NMB has experienced significant growth in recent years, opening 12 new locations this year alone and establishing a strong presence in the Charlotte, NC, area. The company’s success is partly attributed to its focus on transparency, customer education, and building a positive workplace culture – earning recognition from Fortune and People Magazine as a top workplace.

“NMB’s growth is intentional,” explains one industry observer. “They’re not simply chasing volume; they’re building a sustainable business model based on customer relationships and operational excellence.”

However, growth in a tightening market requires careful risk management. The current economic climate presents unique challenges for mortgage lenders, including increasing default rates and a decline in refinance activity. Harding’s expertise in credit risk assessment and mitigation will be crucial in navigating these challenges.

“The ability to accurately assess and manage risk is paramount in today’s environment,” says another source familiar with NMB’s strategy. “Harding’s experience will be invaluable in ensuring that NMB continues to lend responsibly and maintain a healthy balance sheet.”

The Rise of Regional Mortgage Players

NMB’s growth trajectory is also part of a broader trend of regional mortgage companies gaining market share from larger national lenders. This shift is driven by several factors, including a desire for more personalized service, local expertise, and nimble decision-making.

“Consumers are increasingly seeking lenders who understand their local market and can provide tailored solutions,” explains an analyst tracking the mortgage industry. “Regional lenders are well-positioned to meet this demand.”

NMB’s commitment to building strong relationships with local real estate agents and community organizations further strengthens its position as a regional leader. The company’s emphasis on customer education and financial literacy also resonates with homebuyers seeking a trusted partner.

Leadership and Culture: A Winning Combination

Beyond strategic growth and market positioning, NMB’s success is also rooted in its commitment to a positive workplace culture. The company has consistently received high ratings from employees on platforms like Glassdoor and Indeed, with many praising its supportive environment, opportunities for growth, and commitment to employee well-being.

“A strong culture is not just a nice-to-have; it’s a competitive advantage,” says an HR consultant specializing in the financial services industry. “Companies with engaged and motivated employees are more likely to attract and retain top talent, provide exceptional customer service, and drive innovation.”

“The team is incredibly collaborative and supportive,” says one NMB employee, speaking anonymously. “Leadership genuinely cares about our success and provides us with the resources we need to thrive.”

Harding’s leadership style is expected to further enhance NMB’s positive culture. Sources familiar with her work describe her as a collaborative and empathetic leader who prioritizes employee development and fosters a culture of accountability.

“She’s a true professional who leads by example,” says a former colleague. “She’s always willing to share her knowledge and mentor others.”

Navigating the Future

As NMB continues to expand, the company faces both opportunities and challenges. The mortgage market is expected to remain volatile in the near term, with interest rates and economic conditions continuing to fluctuate.

However, with Harding at the helm of its credit risk function, NMB is well-positioned to navigate these challenges and capitalize on emerging opportunities. The company’s strategic focus on customer relationships, operational excellence, and a positive workplace culture will be key to its long-term success.

“NMB is not just a mortgage lender; it’s a financial partner,” says an industry expert. “They’re committed to helping their customers achieve their financial goals, and they’re building a sustainable business model based on trust and integrity.”

“I’m excited to join the NMB team and contribute to the company’s continued success,” said Harding in a company statement. “I believe that NMB has a unique opportunity to disrupt the mortgage industry and provide exceptional value to its customers.”

NMB’s strategic move to bolster its risk management team underscores the importance of responsible lending in today’s volatile market. As the company continues to expand its footprint, its commitment to building a sustainable and customer-centric business model will be crucial to its long-term success.