MReport July 2020

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link:

Contents of this Issue


Page 9 of 67

8 | M R EP O RT MCROWD LENDERS/SERVICERS JODI BELL WFG Lender Services, a Williston Financial Group company, announced that Jodi Bell has joined the company as VP of National Business Development for the company's Lender Services organization, expanding the company's presence in and commitment to the mortgage lending market. WFG Lender Services provides services and technology solutions that enable lenders to take time and cost out of mortgage transactions, including comprehensive title and closing services. In her new role, Bell, who is based in Dallas, will be responsible for building and maintain- ing client relationships among the nation's top financial institutions and mortgage lenders. Prior to joining WFG, Bell served as VP, National Sales Executive for a national settle- ment services provider. "Jodi is a great fit for WFG," said Dan Bailey, SVP at WFG Lender Services, in announcing the appoint- ment. "She is known throughout the industry for her commitment to both customer service and having an operational understanding of the products and services she sells. It's a way of ensuring she articulates specific benefits for each customer as a trusted resource." Bell added, "It is an honor to be part of a company that autographs their work with quality. I look forward to sharing those quality products and services with old friends and new cli- ents. And, hope that soon I'll be back meeting lenders across the nation in person. I look forward to traveling and meeting new people again." JAY BRYSON Wells Fargo Corporate & Investment Banking (CIB), a division of Wells Fargo & Company announced Jay Bryson has been named Chief Economist for its division, effective immediately. "Under Jay's leadership, our eco- nomics group has made a significant impact across the enterprise and to clients by offering insightful analysis and invaluable information," said Walter Dolhare, head of Markets for Wells Fargo Corporate and Investment Banking and President of Wells Fargo Securities, LLC. "Jay is an exceptional economist and a highly talented leader, and I am confident our economics group will continue to develop pioneering analysis that is critical to our clients under his strong leadership." In this role, Bryson leads the econ- omists and analysts who form the Wells Fargo CIB Economics Group. He and his team provide analysis on economic and financial developments in the U.S. and major foreign econo- mies that can assist clients in their business decisions. The group also makes forecasts of major macroeco- nomic variables in these economies. Bryson and the other economists on the team are frequently featured as public speakers and widely quoted in the media. Bryson reports to Dolhare. Bryson has held the role of Acting Chief Economist since August of 2018. Prior to this, he served as Global Economist at Wells Fargo, providing analysis on macroeco- nomic and financial developments in the major economies of the world. His research has been published in popular economic journals and cited in top tier media publications. Bryson is often quoted in The Wall Street Journal, The New York Times, and print publications across the country. He also frequently appears on CNBC, Bloomberg, and CNN, among others. JEFF LECHMANDY Sierra Pacific Mortgage, a national wholesale lender and a tenured Independent Mortgage Company, announced the hiring of Jeff Lochmandy as its VP, Divisional Sales Director for Third Party Originations. Lochmandy joins Sierra with over 30 years' experience in the mortgage industry. Before joining Sierra, Lochmandy served as the Managing Director for HomePoint Financial and its 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 predecessor organization, Stonegate Mortgage, for the last seven years and was a contributor to exponential market share growth at both firms. Prior to those positions, he held sig- nificant Regional and National Sales Leadership roles at other top 20 firms. He will be based in Atlanta and report directly to Amy Mahar, EVP, Channel Head of Third Party Originations. "I'm thrilled to have Jeff join Sierra and help lead our TPO growth efforts in the central and eastern U.S.," said Mahar. "His role will be to drive our strategy and expansion into new mar- kets and grow market share within our existing footprint." Lochmandy's deep skill set in third-party origination aligns with the dynamics of Sierra Pacific during a time when the wholesale marketplace calls for insight and innovation. His successful track record in business development and sales leadership, as well as his achievements in driving productivity needed to fuel growth, makes him a significant asset to Sierra Pacific. REGINALD DAVIS Flagstar Bank has named Reginald Davis President of Banking. Davis is a 35-year veteran of the banking industry who most recently served as head of business banking, including small business, at SunTrust, now Truist.

Articles in this issue

Archives of this issue

view archives of TheMReport - MReport July 2020