TheMReport — News and strategies for the evolving mortgage marketplace.
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14 | TH E M R EP O RT MCROWD 14 | TH E M R EP O RT GOVERNMENT BRIAN JOHNSON Within days of Leandra English, Deputy Director of the Bureau of Consumer Financial Protection (BCFP), announcing her plan to step down from the post, the BCFP has announced her successor. Acting Director Mick Mulvaney announced that he had appointed the bureau's Principal Policy Director, Brian Johnson, as Deputy Acting Director. "Brian Johnson is the first person I hired at the bureau and has been an indispensable advisor," Mulvaney said in a statement. "Brian knows the bureau like the back of his hand. He approaches his role as a public ser- vant with humility and unsurpassed dedication. His steady character, work ethic, and commitment to free markets and consumer choice make him exactly what our country needs at this agency." KATHY KRANINGER President Trump's nominee to head up the Bureau of Consumer Financial Protection (BCFP), Kathy Kraninger, has been approved by the Senate Banking Committee and is headed for a full vote of the Senate. Kraninger, an Associate Director at the Office of Management and Budget (OMB), would succeed Acting Director Mick Mulvaney, who has served since last fall. The White House statement continued: "As a staunch supporter of free enterprise, she will continue the reforms of the bureau initiated by Acting Director Mick Mulvaney, and ensure that consumers and markets are not harmed by fraudulent actors." Mulvaney issued a strong statement of support for Kraninger, saying, "I have never worked with a more qualified individual than Kathy." LENDER/SERVICER VICTORIA DUNN California-based United Fidelity Funding West (UFFWest) has added Victoria Dunn to its wholesale lending team of account executives. As the National Wholesale Account Executive, Dunn will be working with a team of mortgage professionals to enhance the firm's services and expand its presence. "We are pleased to have been able to recruit someone with Victoria's proven background of successful execution and solution- oriented sales skill sets," stated John Bell, Principal at UFFWest. "UFFWest is expanding operations and adding talent to capitalize on emerging opportunities in the purchase market business. There is no doubt that Victoria will quickly add value and work well with our tight-knit team of mortgage professionals." DAVID LOESER NewDay USA, a Maryland-based mortgage lender, announced that David Loeser has been appointed Vice Chairman to the company's board of advisors and will be serving as EVP of Human Resources. A strategic management and human resources expert with more than 30 years of experience working for top multinational brands, Loeser will lend his skills and expertise to direct the company's recruiting and staffing efforts. "NewDay USA has become one of the fastest-growing lenders in the country, thanks to our unique culture focused on the selection, training, and development of our team," said NewDay USA CEO Rob Posner. "As we continue to expand, we will be leaning on Dave's expertise in building world-class businesses." DEBRA MONTGOMERY New York-based Union Bank has announced that Debra Montgomery has joined the bank as Managing Director, Pacific Northwest Region Manager for the Private Mortgage Division of Union Bank Home Loans. Montgomery will manage the team of Private Mortgage consultants specializing in offering home-lending products and services to the bank's private bank clients and prospects. "Union Bank is committed to growing its mortgage portfolio," said William Bilicki, Private Mortgage Division Executive. "That's why we are so excited to welcome Debra to our Private Mortgage Division. Her successful industry track record, proven leadership capabilities, and deep knowledge of the Pacific Northwest market make her ideally suited to lead our Pacific Northwest Private Mortgage Team, deepen our client relationships, and grow our presence in the region." ROB ROBERTSON Chase Home Lending has recruited Rob Robertson to lead its home lending hiring and lending operations in the greater Washington, D.C., region. As a Senior Lending Manager for the region, Robertson will be responsible for building Chase Home Lending's presence in the area. In a statement, Chase said that Robertson had accumulated extensive mortgage experience over 18 years in the banking and mortgage industry. Before joining Chase, he managed a sales team of more than 400 in the D.C. metro market area where his team ranked number one in market-share growth year-over- year. "His ability to work with customers with a clear leadership vision has earned him numerous recognition opportunities and awards," Chase said about its appointment of the former Baltimore Ravens football player. SERVICE PROVIDER ROBERT E. BEAUCHAMP Analytics company and credit-rating agency TransUnion recently announced the addition of Robert E. Beauchamp to its board of directors. Beauchamp is currently the Chairman of BMC Software Inc. and formerly served as the software company's President and CEO from 2001–2016. "Bob brings a great track record of leadership to TransUnion, with specialized expertise in cybersecurity and information technology innovation," said Jim Peck, CEO and President of TransUnion. "As we continue to grow and execute on our strategy, Bob's proficiency in technology and security will help to keep us well Who's moving on and who's moving up in the industry This month, some of the industry's largest companies saw significant changes to their corporate lineups.