Fairway, Regions and M&T make mortgage leadership moves

September 17, 2024 5:00 AM

Fairway promotes Haley Parker to chief marketing and business development officer

National home lender Fairway Independent Mortgage recently elevated members of its leadership ranks, promoting Haley Parker to chief marketing and business development officer. Parker steps into the new leadership role after almost a decade at Fairway and will focus on marketing strategy to expand business share. She will also work with other company departments to strengthen the brand and encourage client engagement.

The Madison, Wisconsin headquartered lender also promoted Brittny Hovland to senior vice president operational support. In the role, Hovland will oversee branch support operations as well as teams responsible for its origination and point-of-sale software. Most recently, Hovland served as vice president of branch support. The company has locations in all 50 states.

M&T welcomes return of affordable housing leader Lopa Kolluri

Hand-out/M&T Bank Corporation

M&T Bank Corp. recently named Lopa Kolluri as head of its affordable housing unit, a new role at the Buffalo, New York-based company. Kolluri will oversee development and management of affordable housing initiatives at M&T Commercial Bank, ensuring operational processes and structure are able to meet the needs of its clients. She will also seek to establish new relationships with customers nationwide.

Kolluri's hiring marks a return to the bank for the home finance leader after previously serving as senior vice president within M&T's commercial real estate innovation office. Most recently, she served in management at the Federal Housing Administration and also helped oversee various offices at the U.S. Department of Housing and Urban Development.

Regions adds banking leader Peter Boomer as head of mortgage

Regions Bank recently welcomed industry veteran Peter Boomer as head of mortgage. With his new appointment, Boomer will oversee the combined retail production and residential real estate fulfillment team for the Birmingham, Alabama-headquartered bank.

With experience at several companies in his career before joining Region, Boomer previously helped lead home lending operations at PNC Bank for over a decade as head of mortgage distribution, helping manage both originations and servicing operations.

Opendoor adds former Fannie Mae president to board

Buy-before-you-sell real estate platform Opendoor Technologies announced the addition of David Benson to its board of directors. With his appointment, Benson will also serve on the board's audit committee at the San Francisco-based company, which reported a $92 million net loss in the second quarter.

Benson held the role of president at Fannie Mae from 2018 until his retirement earlier this year. He first joined the government-sponsored enterprise in 2002, holding several positions, including chief financial officer, before stepping up to president.

MBA adds David Menke to lead member relations

The Mortgage Bankers Association welcomed David Menke as its new director of member relations. In his new position with the Washington-based trade group, he will oversee MBA's portfolio of residential member businesses, building engagement with industry leaders to help them meet their goals.

An industry advocate and secondary markets leader, Menke's background in mortgage includes tenures at Capstar Bank and Franklin Synergy Bank after starting his career as a origination sales specialist. Along with his secondary market management roles, Menke has also served as president of both the Tennessee Mortgage Bankers Association and Nashville Mortgage Bankers Association.

Panorama Group appoints Hector Amendola as president

Panorama Mortgage Group, the Las Vegas-based parent company to several mortgage brands across the country including Legacy Home Loans and Alterra Home Loans, promoted Hector Amendola to president. Amendola will oversee the group's operations, pursuing efficiencies to drive growth and pursue its aim to assist underserved communities.

Amendola recently held the title of executive vice president of finance and retail at Panorama. His past experience also includes senior leadership roles at Alterra Home Loans, a current Panorama brand, and Americana Home Loans.

Hometap elevates Eric Chacon to chief information officer

Boston-based Hometap recently promoted Eric Chacon to the newly created position of chief information officer. In his new position, Chacon will be responsible for the home equity investment platform's technology development, utilizing available data to assist homeowners.

Previously, Chacon served Hometap as leader of its enterprise data group. Before joining the company, he applied his background in software engineering and architecture in management roles within financial services at companies, including Citi.

Cornerstone welcomes Paul Woo as chief financial officer

Cornerstone Capital Bank, a former nonbank mortgage lender now in expansion, named Paul Woo chief financial officer as it seeks to build up offerings. As CFO, Woo will be responsible for strategic planning and capital management as well as oversight of the bank's financial team. Before joining Cornerstone, Woo held the title of senior vice president and director of capital planning and corporate development at Cadence Bank. He has also held management roles at investment firms, including The Endicott Group and FBR Capital Markets.

Previously known as Cornerstone Home Lending, the Houston-based company changed its name following its acquisition of Roscoe State Bank in 2021. Woo's appointment comes as Cornerstone has added several new personnel in 2024.

University Federal Credit Union welcomes Michael Jones to mortgage leadership team

University Federal Credit Union welcomed lending leader Michael Jones as director of mortgage services. Jones will help oversee operations across the mortgage lending process for the growing unit of the Austin, Texas-based credit union.

Previously, he held the position of chief financial officer at Thrive Mortgage for close to a decade. In his new role, he brings experience in mortgage and financial services from other roles as a loan originator, branch manager and accountant.

Vizionx elevates Terri Hanson to CEO

Title industry technology provider Vizionx recently promoted Terri Hanson to president and CEO. Hanson will be responsible for the company's strategic direction, which includes the rollout of a new title-production system later this year, and management of daily operations for the Milwaukee-based firm.

Hanson steps up to the chief leadership position at Vizionx after most recently serving as vice president, partnership and customer advocacy. Her career in title and technology industries includes tenures at Proplogix, Adaptive Software and Stewart.

Down Payment Resource taps Brad Cardwell to lead enterprise sales

Down Payment Resource, the Atlanta-based affordable homeownership platform, recently announced the hiring of Brad Cardwell as vice president of sales and business development. Cardwell joins the company after spending several years at Embrace Home Loans, rising from loan officer to his most recent role as vice president of innovation for revenue and sales enablement. He also is a previous member of the executive advisory board at Ncino.

At DPR, Cardwell will be responsible for growth of enterprise sales, aimed at building awareness of the various assistance programs available for consumers.

CMG adds Kari Van Kleef to grow reverse mortgage business

Retail lender CMG Home Loans appointed Kari Van Kleef as a reverse-mortgage operations manager to help drive the growing segment at the San Ramon, California-based lender. Working in various roles throughout her home finance career, Van Kleef pivoted exclusively to reverse-mortgage lending in 2015, holding management roles to help grow similar divisions at both Fairway Independent Mortgage, and most recently, Movement Mortgage.

NFM promotes social media influencer Jordan Nutter

Linthicum, Maryland-based NFM Lending announced the promotion of loan originator Jordan Nutter to junior partner of The Creator Collective, its social media and video unit that promotes and provides educational housing-related material. Nutter, who has almost half a million followers on social media thanks to her videos on Tiktok and Instagram, was also tapped to lead a new branch. In her elevated role, Nutter will attempt to use her marketing knowledge and presence to drive growth through the collective's work and draw in new community business to her new branch.

Loanlogics welcomes back Craig Riddell to lead sales

Mortgage technology provider Loanlogics announced the return of Craig Riddell in the role of vice president of sales. In his new position, Riddell will leverage his sales network to help lead cross-sell initiatives and prepare for new offerings from the Jacksonville, Florida-based company. Riddell is a member of the original team at Loanlogics, which began operations in 2005, helping build some of the company's long-lasting customer relationships.

Notarycam adds Sam McPherson to drive client experience

Remote-online-notarization technology provider Notarycam added Sam McPherson as head of customer success. McPherson joins the Houston-based subsidiary of Stewart following roles at other software-as-a-service companies, including Sharpspring, a marketing and customer-relationship-management brand. In the leadership position, McPherson will be responsible for customer relationships with a goal of driving retention and advocacy of Notarycam's RON solutions.

Incenter adds industry veterans Kathleen Dutill, Ralph Armenta

Left to right: Ralph Armenta, Kathleen Dutill

Incenter Lender Services, the mortgage solutions provider based in Philadelphia, welcomed mortgage attorney Kathleen Dutill as chief legal counsel. With responsibility for legal oversight, Dutill will provide guidance to Incenter and its subsidiary units to ensure regulatory compliance. A legal expert on lending topics, she was previously associate counsel at Cenlar and a member of the litigation team at Ocwen Financial and GMAC Mortgage.

The Philadelphia-based firm also recently added Ralph Armenta as president of its lending-in-a-box unit. In his new role, Armenta will be in charge of growing an array of both home lending and personal loan products offered by the platform to quickly help business clients expand and generate revenue. Armenta comes to Incenter after most recently holding the role of senior vice president, enterprise sales, at Computershare Loan Services and previously served in senior management at Loanfuel and Compass Analytics.