MReport May 2021

TheMReport — News and strategies for the evolving mortgage marketplace.

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M R EP O RT | 13 MCROWD Will has more than 20 years of mortgage lending experience, most of it with Wells Fargo Home Mortgage, where he held senior leadership roles in sales and business develop- ment. Most recently, he served as VP, national builder manager at Wells Fargo, covering the Eastern region. He was responsible for providing strategic leadership to the company's production growth strategy, as well as targeting home builders through the creation of new partnerships and the recruitment of new builder-focused loan officers. "Jason is a strategic thinker who has vast experience in developing builder relationships and in sales management and growth," said Dennis Hardiman, Embrace Founder and CEO. Embrace originated more than $6 billion in mortgage loans in 2020, a company record and a 70% increase over 2019. In addition to Will join- ing the company as SVP of Market Growth, it plans to double its retail salesforce in 2021. "Embrace has a number of really strong competitive advantages as a mortgage lender, including a strong leadership team, superior customer service, and state-of-the-art digital technology," Will said. "What at- tracted me the most, though, is that Embrace genuinely puts people first, and that includes employees, custom- ers, and referral partners. Work is where we spend a lot of our time, and Embrace has created a culture that is all about employee and customer satisfaction." SERVICE PROVIDERS TREY BEAL Recovco Mortgage Management—pro- vider of residential and consumer due diligence, quality control, transaction management, and loan servicing solutions—has announced that Trey Beal has been appointed to the newly created position of Chief Operating Officer based in Dallas. "We are excited to welcome Trey to the Recovco team as we continue to strengthen our ability to provide superior value and service to our clients," said Craig Pino, Recovco President. "Trey's understanding of the secondary market will be instru- mental in providing insight into our business operations and processes as our company continues to expand and rapidly evolve as a leading provider of Transaction Management services." Beal is a seasoned professional with 20 years of experience in residential due diligence, including underwrit- ing (residential mortgages, student loans, PACE, and automobile/marine), regulatory compliance, RMBS require- ments (NPL/RPL and new origina- tion), operations, and client service management. He previously held numerous lead- ership positions at Clayton including VP of Transaction Management and VP of Client Service Management. Trey was instrumental in establishing Centralized Underwriting facilities in Shelton, Connecticut; Tampa, Florida; and Atlanta, Georgia. We are proud to welcome him to the Recovco team and excited to share his leadership. Beal attended Lamar University in Beaumont, Texas, and served five years in the United States Marine Corps. Founded in 2009 by a team of experienced mortgage professionals, Recovco Mortgage Management pro- vides mortgage and consumer loan originators, investors, servicers, and aggregators with the tools and solu- tions to help maximize their opera- tions while reducing associated risks. SCOTT HANNAH BlackFin Group, a management consulting firm serving the Mortgage Banking Industry, announced that Scott Hannah, a former Chief Business Architect with Federal Reserve Information Technology with over 30 years' experience in the financial services industry, has joined the company as a Principal. In his new role, Hannah is responsible for helping clients develop strategic plans including current state assessments, road-mapping, investment rationaliza- tion, and build business cases for strategic opportunities. "Scott is a fantastic addition to our growing team, and I'm thrilled that he has chosen to join us," said Keith Kemph, BlackFin Group CEO. "We now have a very capable team that can help any bank or mortgage lender create a roadmap that will guide them into the future and then help them implement that plan for success." During his six years at the Fed, Hannah worked to provide alignment between the Federal Reserve Bank of Cleveland business leaders and National IT strategies in support of services for the U.S. Treasury. Over the course of his 30 years in IT execu- tive management, he led teams at Goldman Sachs, Capital One, and the Federal Reserve Bank. Hannah earned his B.S. in business administration from The Ohio State University and his M.S. in computer science from DePaul University. "I had worked with Pedro Fong, and he told me about the team coming together at BlackFin Group," Hannah said. "After spending a couple of hours with Mark Dangelo and Keith Kemph, I realized that this was going to be an exciting place to be. When it comes to IT in Financial Services, it's always about speed, opportunity, and risk. AI allows us to find and capitalize on new opportunities while tracking and mitigating risk. This is the future for our industry and our team is uniquely qualified to deliver it." TOM HUDDLESTON Tom Huddleston has been promoted to the role of EVP of Vylla Title, where he will develop corporate business growth, as well as facilitate the relationship between The Carrington Companies and their secondary markets. "Tom Huddleston's business management skills, combined with his exceptional leadership continues to be a critical element driving growth for Vylla Title, as well as our institutional and consumer-facing businesses," said Bruce Rose, CEO and Founder of The Carrington Companies. "Under his leadership, Vylla Title has grown into a significant presence in the title and settlement services markets." Huddleston's banking and title ex- pertise includes more than 20 years of bank lending and finance experience. Prior to joining Carrington in 2013, his accomplishments include the creation of the first title captive operation for Mellon Financial, as well as the cre- ation of eight additional captive title operations for large institutions. "In addition to his leadership of Vylla Title, Tom will continue his role as our primary liaison with GNMA, HUD, and other major government agencies," said Wes Iseley, Senior Managing Director and EVP of Carrington Mortgage Holdings. "These relationships are critical not only to Vylla Title, but to all of The Carrington Companies enterprise." ROB REID RealKey, an innovative provider of digital mortgage technology, announced the strategic appointment of Rob Reid, who joins the company as Head of Sales Operations and Strategic Partnerships. In this role, Reid will lead the company's sales and business development efforts, helping build the RealKey brand within the mortgage industry and beyond. "I am thrilled to have Rob join RealKey's leadership team. He has a proven track record of implement- ing forward-thinking strategies and successfully building brand awareness that results in significant growth," said Christopher Hussain, Founder and CEO of RealKey. "Choosing to be part of our transformational efforts is validation of the market need for the digital mortgage platform we are de- livering and the potential for RealKey to shake up the status quo. He joins a team of leaders from many industries who are helping us make our mark in the industry." Before joining RealKey, Reid held leadership positions that span a num- ber of notable organizations, including zipLogix, Equifax, and Threewide/ ListHub. He brings over three decades of business development experi- ence in the software industry, and as RealKey's Head of Sales Operations and Strategic Partnerships, he over- sees the strategic growth and expan- sion of RealKey. Reid joins an elite group of leaders on the RealKey executive team, who bring mortgages and lending, real estate sales, software design and development, and brand market- ing experience from companies like TurboTax, Intuit, Oracle, ZipLogix, and Esurance/AllState. Founder and CEO Hussain was also the top mortgage originator in the U.S. for two consecu- tive years prior to starting RealKey. "Joining RealKey is an opportunity to get in on the ground-floor of a company that will bring much-needed change to the mortgage industry," Reid said. "We are digitally trans- forming the mortgage industry with an innovative platform that enables intelligent document collection and centralized communications for all parties involved, bringing significant

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