LoanDepot, Deephaven, UniversalCIS make leadership appointments
December 30, 2021 11:50 AM
LoanDepot taps Bill Wied for chief technology officer
Deephaven adds sales leader Steve Lemon to meet non-QM demand
At Deephaven, Lemon will oversee expansion of the company’s broker network to meet the expected demand of non-agency products. “The conforming market just hasn’t kept up with the needs of a new class of entrepreneurial borrowers the way Deephaven has,” Lemon said. “Our partners want to do more lending, and Deephaven’s innovative products and services will provide them with a strong, steady outlet for new business.”
UniversalCIS names former Black Knight exec Shelley Leonard president
Previously known as CIS Credit Solutions, Philadelphia-based UniversalCIS expanded its scope of offerings
“My goal is to drive the organization’s future as the premier technology provider in the sector and to redefine the way mortgage verification services are delivered,” Leonard said. We will be rebranding the company in January and our product family thereafter to reflect that strategy.”
Open Mortgage taps Joe Stephenson as company president
Tomo appoints former Zillow leader Sarah Makar chief marketing officer
As CMO, Makar will be in charge of marketing and communication channels for Stamford, Connecticut-based Tomo, including consumer-facing and B2B efforts. She also will head public relations and communications.outreach. Earlier this year,
FHFA hires Charles Yi, promotes Katrina Jones, Daniel Coates
The Federal Housing Finance Agency recently announced three personnel moves on its executive team, including the appointment of attorney Charles Yi as senior advisor for legal affairs and policy. In the role, he will make recommendations to ensure FHFA goals and obligations are fulfilled and work closely with the agency’s acting director, Sandra L. Thompson . A policy expert, Yi served as general counsel at the Federal Deposit Insurance Corporation between 2015-19 and advised lawmakers on the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services. He was also previously deputy assistant secretary for banking and finance at the U.S. Treasury Department. Yi was recently partner at Arnold & Porter Kaye Scholer.
The FHFA also named Katrina Jones chief operating officer, responsible for day-to-day activities at the organization. Jones had been in the role on an acting basis. With extensive knowledge of the agency’s operations, Jones served as associate director for agency operations, a position she took over in 2012, before stepping up to COO. Daniel Coates, senior advisor in the office of the director, was promoted to deputy director for the division of research and statistics. Coates will be instrumental in producing quality data and research to support FHFA’s initiatives. He previously served as a senior associate director at the FHFA, overseeing a team of economists and financial analysts responsible for targeted credit and market risk examinations. He is also chairman of the FHFA reference rate transition steering committee as well as a member of several other groups. An experienced government researcher, Coates worked as an economist with the U.S. General Accounting Office and the Federal Housing Finance Board before coming to the FHFA.
The FHFA also named Katrina Jones chief operating officer, responsible for day-to-day activities at the organization. Jones had been in the role on an acting basis. With extensive knowledge of the agency’s operations, Jones served as associate director for agency operations, a position she took over in 2012, before stepping up to COO. Daniel Coates, senior advisor in the office of the director, was promoted to deputy director for the division of research and statistics. Coates will be instrumental in producing quality data and research to support FHFA’s initiatives. He previously served as a senior associate director at the FHFA, overseeing a team of economists and financial analysts responsible for targeted credit and market risk examinations. He is also chairman of the FHFA reference rate transition steering committee as well as a member of several other groups. An experienced government researcher, Coates worked as an economist with the U.S. General Accounting Office and the Federal Housing Finance Board before coming to the FHFA.
MBA promotes Laura Hopkins, Bruce Oliver to vice president roles
Hopkins will lead the association’s member-relations team, in charge of strengthening relationships with leading companies in the MBA network and promoting engagement. She will also develop new programs to serve members and enhance existing offerings. In his new role, Oliver will be responsible for advocacy efforts affecting commercial real estate, including obtaining capital and accounting relief to assist life companies and lenders in making loan modifications during the COVID-19 pandemic and increasing the threshold for triggering reporting requirements under the Home Mortgage Disclosure Act.
Built Technologies names ex-Amazon leader Bob Van Nortwick president
Karen Derby / Derby Photography
“As we continue to execute against our long-term strategy to expand and scale the Built platform and take the company into the global market, we saw an immediate advantage to adding Bob and the position of president to our leadership team,“ said Chase Gilbert, co-founder and CEO of Built. Since its launch in 2015, the Nashville-based finance platform has been involved with $135 billion in construction across commercial, homebuilder, land development and consumer-residential projects. In October, the company raised $125 million in Series D funding at a valuation of $1.5 billion.
Sagent hires former Black Knight sales leader Mikhail Cook
Reali names former Uber, Apple lawyer Delma Locke chief legal officer
“The real estate industry has been broken and is ripe for disruption,” Locke said. “ I look forward to leveraging my experience and skills working at cutting-edge disruptive companies to help Reali scale and innovate in this space.”
A legal expert with experience spanning matters from corporate governance to mergers and acquisitions at major tech giants, Locke joins Reali from Uber, where she was an associate general counsel. Before that, she served as chief counsel to the vice president at Apple, and also held the title of director and associate general counsel at Sun Microsystems. In her new position with San Mateo, California-based Reali, she will develop the company’s legal, compliance and regulatory functions.
National MI promotes Norm Fitzgerald, Mohammad Yousaf to EVP positions
Fitzgerald joined the company in 2014 after prior leadership positions at Mr. Cooper, where he built and launched a correspondent lending channel. He also served as president of correspondent lending at PHH Mortgage and held management roles at CitMortgage, Countrywide, PMI Mortgage Insurance Co. and Citizens Bank. Since starting with National MI in 2018, Yousaf has helped develop the IT platform of the Emeryville, California-based insurance provider, and led its partnership with Tata Consultancy. Yousaf previously served as senior managing director in Home Point Financial’s servicing unit and also worked in IT, operations and servicing at Mr. Cooper and Wells Fargo.
Amherst hires Rahul Grover as MBS portfolio manager
Errich Petersen Photography/Errich Petersen Photography
Previously with ETrade Financial, Grover was most recently managing director for portfolio management, a position in which he was responsible for strategic planning and oversight of management and investment strategy of its fixed-income portfolio. Grover also helped build the firm’s hedging strategy.
OpenClose promotes April Cave to drive software implementation
Cherry Creek promotes Jody Watters to VP of online subsidiary
Data and analytics firm dv01 adds Sam Hillier to lead ESG efforts
Hillier steps into his role as dv01 develops proprietary technology integrating ESG data from sources, such as the Federal Emergency Management Agency, the Federal Housing Finance Agency and the U.S. Department of Treasury, into individual loans. As part of dv01’s commitment to transparency, the company will publish ESG market intelligence reports to provide clarity on the evolution of ESG investing in structured credit.
“The industry’s use of loan-level ESG data is practically non-existent at this point, and I see a great opportunity to educate investors and issuers, increase awareness and ultimately build a more transparent market,” Hillier said.
