Xome CEO and President Kal Raman resigned, effective November 23, 2015.
Kal Raman, the President and Chief Executive Officer at Xome, has resigned.
In an SEC filing submitted yesterday, Nationstar Mortgage Holdings, which owns and operates Xome, revealed its separation agreement with Raman. The separation was effective last Monday — November 23, 2015.
Xome launched in June of this year and touts itself as the real estate industry's first end-to-end platform, where consumers can browse properties, find an agent, secure a mortgage and more.
"We're a customer-experience company that happens to be in real estate," said Raman in a June interview with Inman.