LoanLogics, Fairway, Guaranteed Rate name new executives

LoanLogics appoints sales leader Quinn Thomas as chief revenue officer

Following

of data validation fintech LoanBeam, mortgage audit software firm LoanLogics, based in Jacksonville, Florida, announced the appointment of Quinn Thomas as its chief revenue officer. Thomas will lead the company’s sales, marketing, account management and audit operations and manage LoanLogics’ relationships with new and existing large enterprise clients. A three-decade veteran in sales within the financial industry, Quinn joins LoanLogics from Deluxe Corp., where he was vice president of sales in its payments division. He previously held sales leadership roles at LexisNexis and CheckFree Corp.

PennyMac taps Jenny Rhodes as managing director

PennyMac Financial Services

, the national residential lender and servicer with headquarters in Westlake Village, California, welcomed Jenny Rhodes as managing director and chief human resources officer. Rhodes will be in charge of a team responsible for all aspects of the employee experience, including talent recruitment, compensation and benefits and career development. A longtime HR professional within financial services, Rhodes comes to PennyMac after most recently serving as senior vice president of human resources at PNC Bank, where she was in charge of personnel issues affecting approximately 23,000 employees in the bank’s retail distribution channel, including mortgage origination, investments and call center. She began her career at GE Capital.

Rhodes arrives following the recent announcement by PennyMac COO Andrew Chang that he would step down from his positions of senior managing director and chief operating officer at the end of the year. Chang, who has been with Penny Mac since its founding in 2008, will assume a new position as special advisor to the chairman and CEO David Spector.

Cenlar names Patrick O’Brien director in its business development team

Loan subservicer and wholesale bank

Cenlar

promoted mortgage-servicing veteran Patrick O’Brien to director of business discovery on its business development team. O’Brien joined the company in 2020 as manager of the service excellence group. In addition to supporting current clients, O’Brien will seek out and build relationships in the industry to find new partners. O’Brien brings experience from other large mortgage servicers and asset management companies over the past two decades, including tenures at CitiFinancial Mortgage, PHH Mortgage and Keystone Asset Management.

O’Brien’s appointment follows several other recent personnel moves at Cenlar in risk and client management, including the hiring of a

new chief risk officer

. Earlier this year, the company was issued a consent order by the Office of the Comptroller of the Currency, citing inadequate risk-management controls.

Deephaven adds Timothy Fisher to grow business opportunities in Texas

Non-QM

lender

Deephaven Mortgage

hired Timothy Fisher as vice president of business development. Based in Dallas, Fisher will be in charge of growing Deephaven’s correspondent business in Texas and neighboring states. A longtime leader in mortgage banking, he joins Deephaven after most recently serving as vice president — national accounts for Arch Mortgage Insurance Co., where he led a team responsible for the nation’s top 75 originators. He previously worked at SG Capital Partners, where he developed a series of non-QM products.

Guaranteed Rate promotes retail officers James Elliott, John Palmiotto

Left to right: James Elliott, John Palmiotto

Chicago-based retail lender Guaranteed Rate tapped two of its regional retail production officers for new roles within the company. John Palmiotto, chief retail production officer for the Midwest and East, was named Guaranteed Rate’s chief production officer and head of sales. The company also promoted its chief retail production officer for the West, James Elliott, to president of

OriginPoint

, its originations business venture with national brokerage Compass.

Elliott will spearhead the growth and development of OriginPoint as the business begins operations this year. Palmiotto will be responsible for driving further business and expanding Guaranteed Rate’s geographic footprint. Last year, Guaranteed Rate funded more than $73 billion in loans in 2020 and operates in all 50 states.

Fairway promotes Cynthia Vasileiadis, Dana Unger to executive team

Fairway Independent Mortgage

promoted two of its leaders to its executive team. Attorney Cynthia Vasileiadis becomes the Madison, Wisconsin-based lender’s executive vice president — fair lending, after previously holding the title of senior vice president legal — fair lending officer. In her enhanced role, Vasileiadis will oversee the fair lending committee, in charge of ensuring that fair-lending practices geared toward underserved communities are included in all of Fairway’s initiatives.

The company also announced that longtime mortgage loan and operations leader Dana Unger had been promoted to executive vice president business development. She also becomes a member of its executive team. In 2020, Fairway funded $65.8 billion in loans.

LoanLogics, Fairway, Guaranteed Rate make new executive appointments