MReport September 2020

TheMReport — News and strategies for the evolving mortgage marketplace.

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8 | M R EP O RT MCROWD GOVERNMENT JEFFERY HAYWARD Fannie Mae has appointed Jeffery Hayward to the newly created position of EVP and Chief Administrative Officer. Hayward, previously Head of Fannie Mae's Multifamily business, will lead Fannie Mae's Affordable Housing; Environmental, Social, and Governance (ESG); Human Resources; Diversity & Inclusion; and Enterprise Workplace teams. According to Fannie Mae, the new role of CAO reflects the GSE's ongoing commitment to affordable housing, diversity and inclusion, and leading the industry with the company's ESG efforts. "We're fortunate to have someone of Jeff's unique experience and talent to help us mobilize our most important asset—our human capital. He under- stands both the moral urgency and competitive value of diversity and inclu- sion to our own organization and to the broader housing industry. Jeff has the passion, energy, and commercial mindset needed to forge new, creative partnerships with others who share our willingness to invest intellectual, human, and financial capital in change that is lasting and meaningful," said David C. Benson, President, Fannie Mae. "I am thrilled to take the helm of the newly created Chief Administrative Officer organization," Hayward said. "We will continue to address the urgent need for affordable housing in our country, and our focus on becom- ing a leading ESG company. We will continue to build a workforce that will take us successfully into the future. And we will double down on our cru- cial work to foster diversity and ensure inclusion in the workplace." LENDERS/SERVICERS MARTIN FORD Churchill Mortgage, a lender providing conventional, FHA, VA, and USDA residential mortgages across 46 states, announced the appointment of Martin Ford to VP of Credit Risk. In this role, he will lead the underwriting team to help manage risk, credit quality, and product portfolios. Ford will also work closely with the company's Secondary Marketing team. An industry expert, Ford brings more than 30 years' experience in op- erations, underwriting, and credit poli- cies in the financial services industry to Churchill Mortgage. Prior to joining the Churchill team, Ford led national credit and underwriting teams at Bank of America, JP Morgan Chase Bank, U.S. Bank, and TCF Bank. "I look forward to using my expertise in financial services to support Churchill Mortgage," Ford said. "Churchill's goal is to provide its customers with a world-class experi- ence, and I am ready to use my skill set to ensure that our homebuyers are receiving the best loan products for them in the ever-changing market." "Churchill Mortgage, as well as the mortgage industry as a whole, has seen a record volume of business this year," said Mike Hardwick, President and CEO of Churchill Mortgage. "Martin will be an asset to our team, helping mitigate risk while supporting underwriting operations to keep pace with our customers' needs. His knowledge will enable us to guide our borrowers on the path to the Real American Dream of debt-free homeownership." LARRY GOLDSTONE BSI Financial Services announced the promotion of Larry Goldstone to President of Capital Markets and Lending. Goldstone previ- ously led BSI's mortgage servicing rights strategy as EVP of Capital Markets. Over the past six years, he helped grow BSI into one of the top 10 buyers of flow mortgage servicing rights and developed a new retention/ refinance group for the company. Prior to joining BSI, Goldstone was founder and CEO of Aventur Partners, a business consulting and invest- ment advisory firm. He was also the co-founder, CEO and President of Thornburg Mortgage, which he built into one of the most successful mort- gage real estate investment trusts. BSI also announced the promo- tion of John Lawrence to President of Servicing and Lender Services. "It's a privilege to work with such accomplished leaders in John and Larry, who have made enormous con- tributions to our growth," said Gagan Sharma, President and CEO of BSI Financial Services. "These promotions could not be more well deserved. I'm confident John and Larry will continue driving our future success as a key partner to our lender and investor clients, whether they need servicing, MSR sales or other services for their lending and servicing groups. As we leverage technology to deliver a world class consumer and client experience, Larry and John will help lead the fulfill- ment of that vision." 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 KATIE MATTIS SARVER Bell Bank has hired Katie Mattis Sarver, a former two-time Executive of the Year for Major League Soccer—Corporate Partnerships, as Community Development Officer serving Bell's major markets nationwide. In this new position, Mattis Sarver will work closely with Bell's executive leadership, community outreach task forces and community leaders to help guide the bank in assisting neighbor- hoods, minority-owned businesses, and nonprofit organizations in com- munities historically underserved by financial institutions. Michael Solberg, Bell Bank President and CEO, pointed out that Bell's hiring of a Community Development Officer has been a natu- ral progression from the company's people-focused approach and its long tradition of community giving—per- haps best embodied in Bell's unique Pay It Forward initiative, which has empowered more than $16 million in charitable giving since 2008 to individuals, families, organizations, and causes chosen by employees. COVID-19 and the social justice pro- tests have brought those needs even more to the forefront, Solberg said, making Mattis Sarver's hiring even more timely. "We are challenging ourselves to understand how we as a financial institution can more effectively help create systemic change—the Bell way," Solberg said. "Bell was founded on re- lationships and personal connections within our community. As we continue to join new communities and neigh- borhoods, we want to build meaning- ful relationships, one customer at a time, through the work of our team members and how we pay it forward. "Katie's role is to lead our efforts in fostering new community relationships through listening, building trust, and finding ways to take action together." "I'm excited to join Bell," Mattis Sarver. said "The culture is second to none. To have an opportunity to work with so many great people to collectively listen and take action, and continue to help the communities where we live and raise our families, is the opportunity of a lifetime and a true honor."

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