TheMReport — News and strategies for the evolving mortgage marketplace.
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Know someone moving up in the industry? email us at Editor@TheMReport.com. Andrew Nadal. New Jersey-based RedVision, a national provider of title reports and real property research solutions, has hired Andrew Nadal as regional sales director for the Southeast region. Nadal has a wealth of industry experience, having spent time at both Stewart Title Services and Statewide Lien Company, and in his new position at RedVision, he will focus on account development and management for title agents, title underwriters, real estate investors, and local lenders throughout the Southeast region of the U.S. Jim Su. Now overseeing the company's technology operations and managing the quality assurance team, Jim Su has been promoted to Rekon Technologies' VP of software development. Prior to his appointment, Su served as director of product development. Rekon's CEO, Aurora March, elaborated on his new role, stating, "With his knowledge of our technology and the industry, Jim can anticipate and meet the future needs of our clients and oversee the design and installation of our software products to meet each client's expectations." Eric Taylor. RentRange, LLC, named 25-year industry veteran Eric Taylor as its president, tasking him with executing the vision of the organization and leading the company's new product innovation efforts to ensure continued growth and future expansion into vertical markets. Before joining RentRange, Taylor was president of Real Property Decisions, and he previously performed as an SVP for ISGN. In the first quarter of 2013, the company will be releasing a singlefamily gross rent multiplier (GRM) solution under Taylor's direction. Bill Vahey. RiskSpan, Inc., announced the appointment of Bill Vahey to business development managing director. The firm, which has offices in Washington, D.C., and Stamford, Connecticut, brought on Vahey to augment the growth in its consulting sales activities. Vahey has more than 20 years of diversified corporate and consulting experience, serving previously in executive positions at KPMG and Wells Fargo. Most recently, he worked as head of syndicated REO in Well Fargo's Special Situations Group and also worked as a consultant at BlackRock. Ted Venhorst. Ted Venhorst is putting his extensive real estate and financial services experience to work as national sales executive for First Valuation. Venhorst's career has spanned nearly three decades, taking him through nationally recognized companies such as UPF Services, The CIT Group, NovaStar Mortgage, and IndyMac Bank. In his role at First Valuation, he will manage existing client relationships and work to engage in new valuation partnerships from the company's remote office in Phoenix, Arizona. Michael Derstine. Genworth Financial, Inc., announced the hiring of Michael Derstine as CRO for the company's Genworth U.S. Mortgage Insurance (USMI) unit. Derstine's previous work saw him leading underwriting risk policy, portfolio risk monitoring, and pricing groups as capital deployment group manager at Republic Mortgage Insurance Company. Rohit Gupta, president and CEO of Genworth USMI, noted Derstine's experience in leading risk and forging strong relationships with regulators, qualities that make him a "valuable addition to the USMI risk team." Matt Modugno. Matt Modugno is now helping ICON Residential Lenders build its sales division in San Diego, Imperial, Riverside, and San Bernardino counties as area sales manager. Before coming to ICON, he held various positions at First Financial Corporation, including VP and branch manager. Modugno said he's "looking forward to joining ICON to build a first-class sales division by adding dedicated individuals, whose focus is as sharp towards earning new business as it is towards supporting one another internally." Robert Courteau. Robert Courteau has earned a place on the board of directors at Real Matters, the parent company of independent appraisal provider Solidifi. Courteau is currently the CEO of Altus Group Limited, a global leader in professional consulting and data solutions for the real estate industry. He has also held other senior executive positions at leading technology companies. Prior to joining Altus Group, he was president at SAP. He also served as an EVP at Electronic Data Systems. Tony Pistilli. Axios Valuation Solutions and parent company eMortgage Logic, LLC, announced the appointment of appraisal industry veteran Tony Pistilli as Axios' new EVP and chief appraiser. Pistilli has more than 25 years of real estate appraising and lending experience under his belt, working most recently as chief retail appraiser and VP of consumer banking risk management at US Bank in Minneapolis. He is also a member of several appraisal industry organizations and is a subject-matter expert for the Appraisal Foundation in the area of declining markets. Jody Collup. Global DMS, real estate technology provider based in Pennsylvania, brought in Jody Collup to fill the newly created position of VP of marketing. Collup has nearly two decades of experience in marketing communications, most recently at Calyx Software, where she was responsible for creating a marketing strategy to establish the company as a leading provider of loan origination software. "Jody has the background, experience, and drive to take our brand to new heights," said Global DMS Vladimir Bien-Aime. Patricia Proshek. CBRE Group, Inc., named Patricia Proshek as executive managing director and global leader of its real estate accounting services group. In her new position, Proshek oversees client accounting for CBRE's asset services and global corporate services clients worldwide. She is a 25-year veteran of CBRE and has led the company's real estate accounting services in the Americas for the past seven years. Prior to starting at CBRE in 1987, she worked with a public accounting and property management firm. Sandra Thompson. Federal Housing Finance Agency acting director Edward DeMarco announced that starting this month, Sandra Thompson will be deputy director of the division of housing mission and goals. Thompson will oversee FHFA's housing and regulatory policy, financial analysis, and policy research and analysis of housing finance and financial markets. She joins FHFA from the FDIC, where she most recently served as director of the division of risk management supervision. She leaves the FDIC after 23 years of service. The M Report | 21