TheMReport

TH E M R EP O RT | 17 MCROWD PATRICK MCCLAIN FirstClose, a provider of technology solutions for mortgage lenders nationwide, an- nounced the appointment of Patrick McClain as CFO and COO this week. "We are elated to bring Patrick on board, especially at this important juncture for FirstClose as we position the company for accelerated growth and industry leadership" said Tedd Smith, Co-Founder and CEO of FirstClose. "Patrick is a strong addition to our executive manage- ment and leadership team. We look forward to leveraging his experience to complement our strategic growth initiatives and to better serve our valued clients with dedicated and experienced executive veterans." McClain has spent the last three decades guiding high-growth global technology at both public and private companies. Most recently, he served as CFO at Xplore Technologies and as EVP, CFO, and Treasurer at Falconstar Software, a New-York- based public company. RALPH MCLAUGHLIN CoreLogic, a global property information, analytics, and data-enabled services provider, announced that Dr. Ralph McLaughlin has joined the company as Deputy Chief Economist. Recently, McLaughlin served as Chief Economist at Trulia, where he was widely recognized as a housing and mortgage market expert. As Deputy Chief Economist, McLaughlin will bring his unique ability to communicate applied research to audiences at all levels— from consumers to large corpora- tions. He will lead economic research using the CoreLogic gold standard data and analytics resources, including the CoreLogic Case-Shiller Home Price Index and other indices and services. McLaughlin will expand the visibility of the CoreLogic economic policy unit and enhance research capabilities and tools, which are widely referenced by clients, industry leaders, the public sector, and the news media. SANJAY TIBREWAL ComplianceEase, a Silicon Valley-based provider of automat- ed compliance solutions to the financial services industry, announced that it has named Sanjay Tibrewal as VP of Product Management. In this role, Tibrewal will be responsible for the vision, roadmap, and execution of ComplianceEase's portfolio of mortgage-compliance and risk-man- agement products, including its flagship product ComplianceAnalyzer with TRID Monitor. Tibrewal brings more than a decade of B2B and B2C product-management experience and more than a decade of engineer- ing experience to ComplianceEase. "We're pleased to have Sanjay on the ComplianceEase team," said John Vong, President of ComplianceEase. "His entrepreneurial spirit combined with his technological expertise will allow us to develop and deliver the solutions that our clients need to be successful and compliant." LEGAL CHERYL COOK MARC WAGMAN Potestivo & Associates, P.C. announced the hiring of Marc Wagman, who will serve as Supervising Bankruptcy Attorney in the Chicago office, and Cheryl Cook, who will serve as Supervising Bankruptcy Attorney in the Rochester office. Potestivo & Associates, P.C. provides legal solutions to the real estate finance and credit industry. Headquartered in downtown Rochester, Michigan, the firm also maintains full-service operations in Rochester, Michigan, and Chicago, Illinois, with a satellite office providing select services in Grand Rapids, Michigan. Brian Potestivo, President-Managing Attorney, said, "We are fortunate to have Marc and Cheryl join our team. They are both knowledgeable and capable in bankruptcy practice and will be a valuable asset to the firm." IN MEMORIAM TERRENCE P. LAUGHLIN Bank of America announced the death of Terrence P. Laughlin, Vice Chairman and Head of Global Wealth and Investment Management. He was 63 years old. "Terry was a builder and a problem solver, and one of the finest individuals I've had the privilege to know and work alongside," said CEO Brian Moynihan. "His leadership on global wealth and investment management, helping to build a consolidated banking and wealth- management business, is without a peer in our industry. Recently, he helped expand our company's presence in Pittsburgh, his beloved city where he is so well-admired and respected." Laughlin previously served as Bank of America's Chief Risk Officer. He also led the com- pany's Legacy Asset Servicing group. "Terry was instrumental in helping our company recover from the crisis and get us to where we are today, the world's best bank," Moynihan added. Before joining Bank of America, Laughlin was a member of the investor group that acquired IndyMac Savings Bank from the FDIC. Subsequent to the acquisition of IndyMac, it was renamed OneWest Bank, and he served as CEO. Laughlin was a member of the board of the Urban Institute and the Brooklyn Museum. Know someone moving up in the industry? email us at Editor@theMReport.com. "We are fortunate to have Marc [Wegman] and Cheryl [Cook] join our team. They are both knowledgable and capable." — Brian Potestivo, President-Managing Attorney, Potestivo & Associates

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