MReport Jan 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 15 MCROWD PATRICK HEDGES LERETA, LLC, a national provider of real estate tax and flood services for mortgage servicers, has named Patrick Hedges Senior Operations Manager. Hedges leads a team that builds and maintains strong relationships with tax collection agencies to drive an understanding of their requirements and develops automated transfer methods for escrow tax amount and tax delin- quency status. Before joining LERETA and Bank of America, Hedges had leadership positions focused on risk management and operational excellence at numerous organiza- tions, including Countrywide Financial Corp., Balboa Insurance Group, On Assignment and Pinkerton's Inc., a global leader in security and risk management solutions. "Pat's fine-tuned ability to develop and deliver resourceful business practices catered to the needs of a specific organization will translate into focused progress toward our strategic goals," said John Walsh, CEO of LERETA. "We are excited to welcome him and look forward to driving performance and process improvement together as LERETA continues to grow." TONY MEOLA Mortgage industry veteran Tony Meola has joined the Board of Directors of Veptas Holdings Inc. Meola is a nationally recognized executive leader of numerous residential mortgage operations including those at Bank of America, PNC, and Morgan Stanley. As a director on the board, Meola will additionally focus on developing strategic relationships for the company's technologies and services, Veptas said in a statement. "We are very pleased to have an individual of Tony's caliber and experience join our Board," stated John Iatesta, CEO, Veptas. "Tony is uniquely qualified to assist Veptas in rolling out our technologies to the residential mortgage industry and reading the pulse of the marketplace." Veptas' services include a fully automated self-serve platform that uses artificial intelligence, complexity scoring, automated process management, assignment logic, appraiser and appraisal report card scoring, rules-based quantitative and qualitative reviews within a three- factor QC/QA process and a third-party accountancy to smooth the process flow in appraisals. CLINT SALISBURY Mortgage document preparation vendor International Document Services, Inc. (IDS), founded in Salt Lake City, Utah, announced that Clint Salisbury, Former Manager of Implementation has moved to the Sales and Marketing team. Describing Salisbury as one "of the finest that IDS has to offer," Mark Mackey, VP and General Manager, IDS, said. "As IDS begins to set the stage for the exciting changes to come in 2019, shifting [this] valuable asset makes use of [his] unique talents to better meet prospect and client needs in the year to come while continuing to maintain the stellar level of customer service that has been our organiza- tion's trademark from day one." Salisbury originally joined IDS in 2008 as in-house counsel on the compliance team. In October 2015, Salisbury assumed responsibilities for the implementation team, which he had helped establish. "I look forward to working with all of the great people on our sales and marketing team and I am grateful for the opportunity to inform players in the mortgage industry about all of the great things the idsDoc system can do for them," Salisbury said. RILEY THOMAS Fintech company Built Technologies has appointed Riley Thomas as SVP of Revenue. In this role, Thomas will lead Built's sales, marketing, and customer success teams. Thomas joins Built in a year where the company recently surpassed over $16 billion in construction loan volume. The fintech company is focused on bringing construction lending into the digital age. "As our company continues its rapid growth, it is imperative that we have a skilled executive driving the performance, strategy and overall success of our sales and business development programs," said Chase Gilbert, CEO, and Co-founder at Built. "Riley has a proven track record in the financial technology space, and we are confident that his expertise in technical marketing and business development will optimize Built's efficiency and profits within the market." Before joining Built, Thomas served as the regional sales manager at Clearwater Analytics in New York City. Know someone moving up in the industry? email us at "I am confident that [newly appointed EVP and Chief Growth Officer Timothy J. Yanoti]'s strength as a risk practitioner combined with his deep understanding of mortgage business operations will be extremely valuable to Ocwen and our transformation plans." — Glen A. Messina, President and CEO, Ocwen "Ed Buckley 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." — Sean Ryan, CEO, Aspen Grove Solutions

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