TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1133509
14 | TH E M R EP O RT MCROWD 14 | TH E M R EP O RT GOVERNMENT SHEILA GREENWOOD The Federal Housing Finance Agency (FHFA) has named Sheila M. Greenwood as Director of External Relations. She will oversee the Office of Congressional Affairs and Communications, including stake- holder outreach. "I am pleased that Sheila will be joining me at FHFA. Her management and housing experience are uniquely suited to the mission of FHFA," FHFA Director Mark Calabria said. Greenwood brings many years of housing, financial services, and government experience to the Agency. Her prior experience includes two posts at the U.S. Department of Housing and Urban Development, serving as Secretary Dr. Ben Carson's first Chief of Staff in 2017 and as the Assistant Secretary for Congressional and Intergovernmental Relations in a previous administration. Prior to her arrival at FHFA, Greenwood was a Policy Associate Director at the Consumer Financial Protection Bureau. LENDERS AND SERVICERS JEB HENSARLING Jeb Hensarling, the former Chairman of the House Financial Services Committee, has joined UBS as the Executive Vice Chairman of its Americas division. He will be based out of Dallas with regional responsi- bilities across all UBS Americas businesses. In his new role, Hensarling will focus on building and strengthen- ing client relationships. Hensarling most recently represented Texas's Fifth Congressional District in the US House of Representatives for eight terms (2003-2019). Prior to serving in Congress, he worked in both the financial services and energy industries and practiced both corporate and real estate law. "Jeb will work closely with our leadership team, financial advisors, and bankers to build and strengthen our most important client relationships across our businesses," said Tom Naratil, President, UBS Americas and Co-President, Global Wealth Management. "With a long career in both politics and business, Jeb will be a great addition to our shared efforts to deliver insights and ideas that differentiate UBS in the eyes of our clients." SERVICE PROVIDERS JOSEPH GRIMES III Blue Water Financial Technologies LLC (Blue Water) has announced the appointment of Joseph A. Grimes III as Senior Advisor. Grimes will join Blue Water's Advisory Board led by Nicholas Smith, Founder and CEO of Rice Park Capital Management (RPC), Jeff Hilligoss, Senior Advisor to RPC and CEO of Upper Bound, and Brad Farrell, Senior Advisor to RPC and former CFO of Two Harbors Investment Corp. "Joe brings a strong grasp of counterparty risk and vast experience in structured mortgage servicing and capital markets transactions. Blue Water is configuring itself to bring unique mortgage servicing technol- ogy and service solutions to the market and an expansive product set to its clients. Joe's experiences will assist Blue Water in executing this vision. I'm truly excited to have him engaged with our Advisory Board," said Alan Qureshi, Managing Partner at Blue Water. Grimes, most recently the VP of Third-Party Risk Management and MSR Financing for Fannie Mae's Single-Family Business, brings extensive expertise from his 35+ year career in financial services to Blue Water's Advisory Board. JEFF CHRISTENSEN Mortgage Quality Management and Research, (MQMR) has appointed Jeff Christensen as its VP of Sales. In this role, Christensen will be responsible for leading sales, driving new business opportunities, and expanding awareness of the MQMR brand in the market. "Compliance is one of the main core competencies upon which MQMR hangs its hat, and to have someone that has been as deeply immersed in mortgage compliance as Jeff Christensen is a tremendous win for our organiza- tion," Michael Steer, President at MQMR said. Christensen brings more than 10 years of mortgage compli- ance experience to MQMR, having served as both the CFO and CEO of Mortgage Compliance Advisors (MCA), of which he was a founding member in 2008. MCA was a residential mortgage outsource provider for quality control and risk management solutions with more than 400 clients. When MCA was acquired in 2014, Christensen worked with the executive team to continue to improve and grow the combined business. BRANDON BAKER WFG National Title Insurance Company (WFG), an Oregon- based provider of title insurance and real estate settlement services for commer- cial and residential transactions nationwide, has named Brandon Baker the new President of the company's Dallas-Fort Worth division. In this role, Baker will manage the day-to-day administra- tive operations for the DFW market, including working with the WFG team to establish short and long-term goals, plans and strategies. He will also be looking to recruit additional revenue-producing employees to add to the company's branches. Baker comes to WFG from another title company, where he was most recently a VP and was responsible for strategic growth, fee attorney operations, and recruiting. "Brandon's experience is a valuable asset to WFG," said Rob Sherman, SVP and Regional Director at WFG. "He has demonstrated his leadership skills in maximizing growth through internal collaboration as well as in developing client relationships and cultivating tal- ent within the industry. He's a great addition to the team." INDUSTRY ASSOCIATIONS DIANE TOMB The American Land Title Association (ALTA), has named Diane Tomb as its new CEO, effective July 1. Tomb, who has over 20 years' experience in the housing field, will use her deep advocacy and public policy expertise on behalf of ALTA and its members. "Diane is a recognized leader who understands the intersection of politics and business and the importance of informed public policy advocacy. She is the right person to lead ALTA and build on its successful legacy," said Cynthia Durham Blair, NTP, President, ALTA. "Diane was a unanimous selection by the Board, and we expect her leadership and entrepre- neurial spirit will immediately benefit This month, some of the industry's largest companies saw significant changes to their corporate lineups. Who's moving on and who's moving up in the industry