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MReport December 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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16 | TH E M R EP O RT MCROWD 16 | TH E M R EP O RT LENDER/SERVICER MARION MCDOUGALL Marion McDougall, EVP, Chief Loan Administration Officer at Caliber Home Loans, will be stepping down from her current position by the first quarter of 2019, according to industry sources. An industry veteran with more than 25 years of financial services experience in the U.S. and internation- ally, McDougall has worked in mortgage and retail banking with a particular emphasis on mortgage servicing, business development, and postclosing. She was recently honored with the Lifetime Achievement Award at the Five Star Conference. While accepting the award, McDougall said that the industry had come a long way, battling the cyclical nature of the housing and mortgage business, as well as the regulatory changes and pressure. "I challenge us all to continue to think outside of the box, and about our industry from the perspective of our customers not only from a compliance perspective," she told the audience. GERALD CANON Gerald Canon, who has spent a quarter of a century in the mortgage business, has been named President of eCU Mortgage, the CUSO mortgage company that serves credit unions throughout Texas. As President, Canon will provide overall leadership as the company expands in its mission of helping credit unions provide streamlined, personalized mortgage services to their loan-seek- ing members. "Gerald Canon has the perfect blend of underwriting, loan servicing, regulatory, sales, and management experience to lead eCU Mortgage," said Mike McWethy, EVP of First Service Credit Union, the parent of eCU Mortgage. "He is widely known in the industry for his leadership skills and most important- ly, he fully understands the needs of credit unions." HOPE HARDISON DAVID JULIAN Wells Fargo an- nounced the departure of Hope Hardison, Chief Administrative Officer, and David Julian, Chief Auditor. The bank has said that these executives will begin a leave of absence and will no longer be members of the company's Operating Committee. These "leaves of absence" relate to previously disclosed ongoing reviews by regulatory agencies in connection with historical retail banking sales practices, the bank said in a statement. "Because of the depth of our management team, we are confident in our ability to ensure an effective transition," said Tim Sloan, CEO, Wells Fargo. "During the past two years, we have become more customer focused, made significant leadership and board changes, strengthened risk management and controls, simplified the organization, and invested in our team members. We remain steadfast in our focus on making things right for customers and building a better Wells Fargo." SERVICE PROVIDER COURTNEY KEATING CHAKARUN Roostify, a leading digital lending platform provider, announced that Courtney Keating Chakarun has joined the company as CMO. Chakarun comes to Roostify from CoreLogic, where she served as SVP, Marketing and Innovation. "As Roostify advances along the growth trajectory powered by our world- class customers and emphasis on digital innovation, strong and focused marketing leadership is imperative to position ourselves for continued success," said Rajesh Bhat, CEO, Roostify. "Courtney's extensive leadership experience, marketing prowess and proven track record of driving growth will be great assets to Roostify, and we're excited to welcome her to the company." ERIC CHRISTENSEN LERETA, LLC, a national provider of real estate tax and flood services for mortgage servicers based in Covina, California, has tapped Eric Christensen as the Chief Strategy Officer for the company. Christensen is responsible for product development, corporate strategy, marketing, and M&A transactions. Christensen, who most recently was the founder and managing director of Credit Data Solutions, has spent his career developing knowledge around financial software, predictive modeling and analytics, credit risk technology, and decisioning software. His expertise extends in fraud management, competitive strategy, business planning, sales and marketing as well as risk management and regulatory relations. "Eric's deep and varied experience in the financial industry makes him perfect to help usher LERETA into a new era where technology and people help provide the best level of service to our customers," said John Walsh, CEO of LERETA. "We welcome his knowledge and passion for bringing positive change to the industry." 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.

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