TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1181586
12 | M R EP O RT MCROWD GOVERNMENT FRANK NAZZARO Freddie Mac announced that Frank Nazzaro has been named EVP and Chief Information Officer. He is a member of the senior operating committee and reports directly to CEO David Brickman. Nazzaro, who joined Freddie Mac in 2018 as the Chief Technology Officer and has been Acting CIO since May 2019, brings more than 20 years' executive experience in technology and financial services to the company. As CIO, he will head the Information Technology division and provide corporate-wide leadership for the company's technology strategy, including the employee technology experience. "Frank has demonstrated that he is the right person at the right moment to deliver technology solutions that make us faster, smarter and more efficient," said David Brickman, Freddie Mac CEO. "I look forward to his leadership in creating a world class operating platform that delivers lasting benefits for our company while responsibly managing our risks." LENDER/SERVICER MELISSA BOGLE Gateway First Bank (Gateway), one of the largest banks in Oklahoma, has appointed Melissa Bogle as Director of Corporate Communications. In this role, Bogle will be responsible for defining and executing the corporate communica- tions strategy, including internal and external communications across traditional, digital, and social media platforms. "Melissa will play a major role on the executive team leading our corporate communications and public relations efforts in telling the story of Gateway First's development and growth," said Stephen Curry, CEO, Gateway. "With more than 30 years of experience as a corporate communications leader, Melissa will be a vital component of our executive team." Working closely with senior management and other company leaders, Bogle will be responsible for the execution of the company's public relations function to position the team as strategic partners. JEFFREY RATTER MUTHU SRINIVASAN Planet Home Lending, a lender and servicer, announced Muthu Srinivasan as the company's new Chief Technology Officer and Jeffrey Ratter as the company as Chief Information Officer. As Chief Technology Officer, Srinivasan will develop and drive technology strategies to support company growth, speed the lending pipeline, and deliver an exceptional experience to customers and business partners. He will focus on the company's major IT projects, including the continued build-out of digital mortgage and enhancements to Planet Home Lending's digital personal mortgage assistant. Ratter will develop Planet's infrastructure, managing information security, IT support, vendor manage- ment, and facilities. Previously, Ratter was SVP of information technology at Stearns Lending, where he built the infrastructure supporting six joint ventures. PAUL YATOOMA Quicken Loans Mortgage Services announced the promotion of Paul Yatooma to the newly created position of VP of Sales. Yatooma will have the opportunity to work alongside Quicken Loans' partners to better understand their opportunities and challenges. Yatooma will work closely with Quicken Loans Mortgage Services' banking, operations and technology teams to ensure the company continues to deliver products and innovations that meet the actual, real-world needs of the company's broker partners. "Meeting the needs of our community by delivering the best price, products and technology has always been at the core of what we do," said Austin Niemiec, EVP of Quicken Loans Mortgage Services. "Now, with Paul gathering insights from brokers across America, we are better positioned to spot trends in the industry and quickly clear hurdles for our partners." SERVICE PROVIDER ANDREW DEIGNAN Fintech startup company LenderClose has welcomed Andrew Deignan as Director of Operations. Deignan will manage the Operations and Vendor Relationships group, ensuring LenderClose delivers the highest level of service to its credit union and community bank lender users. Most recently, Deignan served as VP of Operations at Equifax Inc., one of the three largest consumer credit reporting agencies. There, he supervised a team of more than 400 members spanning multiple domestic locations and countries across divisional boundaries. "Andrew's proven talent in maximizing operations while cultivating trusting relationships with vendors and clients is something we are thrilled to put to use within our fast-growing com- pany," said Ben Rempe, LenderClose COO. "We are excited to see the inevitably positive impact he will have on the team and the platform." 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