CALIFORNIA
EMERYVILLE
National Mortgage Insurance Corp., a subsidiary of NMI Holdings Inc., said that Claudia Merkle has been named chief operating officer.
With more than 25 years of experience in the mortgage industry, Merkle has been with National MI since the company's inception in 2012 when she joined as senior vice president, underwriting and risk operations.
In 2013, she was promoted to executive vice president, insurance operations, and in 2015 assumed the additional responsibilities of managing National MI's sales and marketing functions.
IRVINE
Auction.com has hired Patrick McClain as senior vice president of auction portfolio operations.
McClain comes to Auction.com with almost 20 years of experience working in the asset management field.
He previously served as senior vice president at Atlas Nationwide, where he oversaw asset management services including marketing, preservation and maintenance, refurbishment, title and eviction/relocation assistance.
McClain also served as a senior vice president at GMAC Mortgage, where he was responsible for management of the company's Enterprise REO group.
MICHIGAN
TROY
Don Klein has joined Flagstar Bank as senior vice president of business development for its subservicing unit.
He brings to Flagstar 25 years of experience in the mortgage industry.
Klein started his career at PMI Mortgage Insurance Co., in Walnut Creek, Calif., where he held a variety of positions over 20 years.
Most recently, he was with Ocwen Financial Corp., in West Palm Beach, Fla., serving as director of business development.
NEBRASKA
OMAHA
Mutual of Omaha Mortgage has named Andy Herold Nebraska branch manager.
In this role, he will manage the origination of mortgage loans within the Nebraska branch and be responsible for staffing and training of Nebraska branch personnel.
Herold is a 16-year veteran of the banking and mortgage industry.
NEW YORK
NEW YORK
Greystone said that Joseph Stepchuk has been named a managing director.
Stepchuk joins the firm from Fannie Mae, where he served as director for the past 10 years overseeing multifamily loan production. At Greystone, he will support its conventional business with Freddie Mac and Fannie Mae.
Prior to Fannie Mae, Stepchuk served roles as both senior underwriter and manager of loan servicing at GMAC Commercial Mortgage (now Berkadia).
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