MReport January 2020

TheMReport — News and strategies for the evolving mortgage marketplace.

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M R EP O RT | 19 MCROWD Management Sales at Origin Bank. "I am thrilled to be joining the Gateway team. Gateway's reputation for valuing the importance of relation- ships and strong focus on the consumer is very important to me. I am honored to be a part of their team and look forward to building relationships and having a long, successful career here," Maddox said. SCOTT POWELL Wells Fargo & Company has announced that Scott Powell has been named COO. He will serve on the company's Operating Committee and report directly to CEO and President, Charlie Scharf. "I have known Scott for many years, and his tremendous experience, proven track record, and unques- tioned integrity will make him a great addition to our management team," Scharf said. "He's the ideal person to take on this new position as we seek to transform Wells Fargo so that high-quality execution, clear accountability and operational excellence become unquestioned components of our culture. These elements are critical for us as we tackle our most important priority, regulatory remediation, and also create the foundation from which to build Wells Fargo and to best serve our customers." As COO, Powell will oversee regulatory execution and relations, enterprise shared services and a range of operational functions across the company. "I am truly excited about the opportunity to join Wells Fargo and take on this new role during a critical period in Wells Fargo's history," Powell said. "Like Charlie, I have long admired and respected Wells Fargo. The company plays an important role in the U.S. economy, and we must ensure we are operating seamlessly and with the utmost integrity. I recognize that expectations are high and that we have significant work ahead of us. By working together and holding each other accountable, I'm confident that we will meet those expectations." SERVICE PROVIDER SUDHIR NAIR Sudhir Nair has been named as the Chief Information and Technology Officer for loanDepot. Nair joins the company as it prepares to enter its second decade of business, and will be charged with continuing loanDepot's dominance as a fintech leader in the mortgage sector. He will be based at the company's mello Innovation Lab, and will report to Sr. EVP, Chief Revenue Officer, Jeff Walsh. "Sudhir Nair brings an excellent balance of business-centric IT leadership and emerging technology solutions acumen," Walsh said. "His capacity for identifying growth opportunities that provide exceptional ROI are well known within the industry, and we are delighted that he will be joining us as we enter our second decade of business." Nair is a recognized thought leader who engineers innovative, reliable, and integrated systems that ensure exceptional results. One of his primary talents is in customer journey and lifecycle process mapping, enabling businesses to better understand, serve, and retain their customers for life. Throughout his career, Nair has been instrumental in developing technology solutions that are not only highly scalable and responsive, but that drive revenue growth. "Sudhir Nair is joining us at an ideal time," CEO and Founder Anthony Hsieh said. "During our first decade, we established ourselves as an industry innovator, unafraid to make an investment in the technolo- gies that we knew would transform the industry. As we enter our second decade, we plan to continue in that vein, but in a boldly customer-centric manner—and it is in this arena that Sudhir excels." AJ POULIN Applied Business Software, (ABS), a provider of loan origination and loan servicing software, announced the appointment of AJ Poulin to Chief Sales Officer (CSO). Poulin began his career at ABS 19 years ago as a Sales Representative and was later promoted to VP of Sales. In his new role as CSO, he will oversee the Sales Department's strategy and execution worldwide, collaborating closely with marketing to develop strategic outreach to the various industries our products address. "I am truly excited about this amazing opportunity to lead and grow a team of rock stars that constantly overperforms and represents the most advanced loan servicing system in the industry. It's an honor to receive this appointment, and I look forward to the next phase of ABS", Poulin said. Jerry Delgado, CEO, Applied Business Software, said, "AJ's excellent sales track record, high performance, unbridled energy, and industry knowledge have been instrumental in taking our company to the next level. I am confident he will excel in this new position as he continues to lead his team, hone their skills, and increase sales revenue." "We are committed at Gateway to bringing in the best talent in the industry, and Deirdre Cherry is no exception with her depth and breadth of experience in the banking industry. Her knowledge on credit training, pricing models, collateral evaluation and risk rating will help us as we continue to grow as a company." —Stephen Curry, CEO, Gateway First Bank "I have built my career with the guiding principles of integrity and leading with a servant's heart. At Churchill, we believe in carrying these ideals throughout our top-down leadership and want to help individuals and families not only achieve their dream of homeownership but to also mentor them through the process, creating life-long relationships with each customer." —Mike Hardwick, President and CEO, Churchilll Mortgage know someone moving up in the industry? email us at

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