MReport Jan 2019

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 LENDER/SERVICER TIM FITZGERALD Home Point Financial Corporation, a national mortgage originator and servicer, announced that Tim Fitzgerald had joined the company as Managing Director- Regional Manager. He will direct Home Point's Third Party Originations (TPO) regional sales team responsible for 14 states in New England, the Northeast, Midwest, and Washington, D.C. He will report directly to Paul Wyner, Senior Managing Director-TPO Sales. Fitzgerald has nearly 30 years' experience in the mortgage industry, most recently serving as Regional Account Executive for Cardinal Financial. Phil Shoemaker, Chief Business Officer for Home Point, noted, "Tim's experience positions him as a clear fit for the role of Managing Director-Regional Manager. We are happy to have him on our team and are confident that his innovative leadership style will contribute to Home Point Financial's position as a leader in the TPO channel." MIKE HARDWICK Churchill Mortgage announced that Founder and President Mike Hardwick has been named one of Nashville Business Journal's Most Admired CEOs of the year. Churchill provides conventional, FHA, VA, and USDA residential mortgages across 46 states. For the seventh consecutive year, the Nashville Business Journal has recognized Middle Tennessee executives for their leadership skills, business acumen, and community impact. This year's award recipients were curated through closed voting by award nominees themselves to carefully identify which business leaders are most admired by their peers, Churchill Mortgage said in a statement. "To be recognized by my fellow business leaders in Nashville, who all lead with integrity and care deeply for our community, is not only an honor for myself but for the entire Churchill team," said Hardwick. "I have had the pleasure of leading Churchill these past 26 years, but it is only through the support and commitment of each and every employee that we have achieved such great success." TIMOTHY J. YANOTI Focusing on its ongoing transformation to a stronger and efficient company post its acquisition of PHH, Ocwen announced a senior leadership appointment to drive the change. Timothy J. Yanoti joined Ocwen as EVP and Chief Growth Officer. Yanoti will lead Ocwen's lending business and operations, including forward and reverse mortgage lending, MSR purchases, and servicing business development efforts. Glen A. Messina, President and CEO of Ocwen, said, "Tim brings tremendous knowledge and experience across the mortgage industry with a proven track record of growth to Ocwen. He has significant experience in residential originations, operations, and capital markets, and will play a critical role in developing and executing a successful growth strategy to access a range of market opportunities." SERVICE PROVIDER ED BUCKLEY Aspen Grove Solutions (Aspen), a provider of property servicing solutions to the mortgage services industry, announced that, after many years of guiding Aspen to an industry-leading position, the company's president, Ed Buckley, will be stepping back from day-to-day operations, effective January 1, 2019. Starting in the new year, Buckley will transition to a role as the company's Brand Ambassador, Aspen Grove said in a statement. "Ed has been instrumental in bringing property management into the center of servicing while ensuring loan servicing, invoicing, and claims platforms are appropriately updated," said Sean Ryan, CEO of Aspen Grove Solutions. "Ed is unique in his ability to embrace an industry, build a shared vision with that industry, and then deliver with integrity and in partnership. All qualities that make him the ideal Brand Ambassador for Aspen." As Brand Ambassador, Buckley will continue to lead key strategic initiatives for Aspen centered around diversity and inclusion and veteran support. KEVIN COOKE JR., an online real estate marketplace dealing with distressed asset disposition, announced the addition of Kevin Cooke as its new SVP of Business Development. He will report directly to Ali Haralson, Chief Revenue Officer. In his new role, Cooke will drive's business development efforts with a focus on identifying client opportunities for increased revenue and portfolio performance. He is a mortgage and finance industry veteran with over 20 years' experience. "I have had the unique privilege of working in various capacities within the financial services and mortgaging industries," Cooke said."I have long been aware of as the established market leader in residential real estate disposition with a proven track record of innovation. I now look forward to applying my expertise at as the company continues to position itself for acceleration and growth." 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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