TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/145103
MCrowd Who's Moving On and Who's Moving Up in the Industry Know someone moving up in the industry? email us at Editor@TheMReport.com. Brian Ludtke Wetzel Trott, a national leader in residential mortgage quality control services, named a new president. Brian R. Ludtke, CPA, has been selected for the position. Ludtke has served as COO since joining Wetzel Trott as a shareholder in 1993. Prior to that, he held various senior management positions at large, national mortgage lenders, including controller, servicing manager, and CFO. Ron Fountain Pacific Union Financial, LLC, announced the hiring of Ron Fountain as EVP and chief legal officer. Fountain joins the company from JPMorgan Chase, where he was SVP and managing director. During his time there, he directed all aspects of compliance relating to Chase Bank mortgage servicing operations, including regulatory and investor reviews and audits and the acquisition and disposition of mortgage assets. He also served previously as SVP and associate general counsel at Nationstar Mortgage. Nancy Alley ISGN Corporation announced the addition of former Xerox executive Nancy Allen as the company's chief product officer. Alley has been in the industry more than 20 years, serving most recently as VP and general manager for Xerox Mortgage Services. In her position at ISGN, she will oversee the company's technology business unit, which includes all aspects of the mortgage life cycle from loan origination to servicing and default management, as well as construction lending, settlement services, and vendor management. Mat Ishbia Michigan-based United Shore Financial Services (USFS) appointed Mat Ishbia as CEO. Ishbia currently serves as president of USFS and its wholesale operation, United Wholesale Mortgage (UWM), which has become the fourth largest wholesale mortgage lender in the United States under his leadership. It has also grown from only 5 percent of total company production to more than 90 percent. Kip Kirkpatrick, USFS' present CEO, will make a planned transition from running dayto-day operations to holding a seat on the company's advisory board. Ed Hunter VRM Mortgage Services, a leading real estate solutions provider based in the North Texas Metroplex, appointed Ed Hunter as VP of business development. "I see an incredible opportunity in VRM and I am excited to be a part of the team," Hunter said. "VRM is well positioned and its present and the future are very bright. I feel fortunate to have the opportunity to contribute to maintaining and growing VRM's market share." Tim Tillman Alliant National Title Insurance Company, a title insurance underwriter headquartered in Colorado, announced the hiring of Tim Tillman as VP, Tallahassee and Northwest Florida agency manager. Tillman's 26year career started when he was a courier and advanced to perform search, exam, and mapping with an independent agent in South Florida. Following that, he worked as senior examiner and assistant manager for American Pioneer and also as senior examiner for Attorneys Title Fund. Scott Pickell LRES, a California-based provider of commercial and residential valuations and asset management, welcomed Scott Pickell as its new VP of operations. Before joining LRES, Pickell served in many leadership positions as a senior appraiser. His most recent role was serving as chief appraiser at a real estate appraisal management service provider, where he developed numerous policies and practices related to employee training and executive management. Jeff Gillis The lending division of Carrington Mortgage Services announced the addition of industry vet Jeff Gillis as SVP of operations. A 20-year professional with a reputation for consistently innovating and implementing business strategies to drive positive results, Gillis has experience in mortgage lending that is complemented by a diverse background across multiple disciplines. As SVP of operations at Carrington, his first order of business is to complete the company's conversion to Ellie Mae's Encompass360 origination software. Louie Colatriano Louie Colatriano, formerly of Bank of America, joined Stearns Lending as SVP of margin management, the firm announced. In his role, Colatriano will lead efforts to profitably grow originations and maximize mortgage production margins across all business channels with a special focus on Stearns' strategic alliance business partners. "We are extremely pleased to welcome Louie to the Stearns leadership team," said Stearns CEO Brian Hale. Richard Hartnack Freddie Mac announced that Richard C. Hartnack, formerly vice chairman and head of consumer and small business banking at U.S. Bancorp, has been elected as a director on the company's board. Prior to joining U.S. Bancorp in 2005, Hartnack served as vice chairman, director, and head of the community banking group at Union of California. Before that, he was EVP at First Chicago Corporation, where he was responsible for community banking. He is also a past director of the Federal Reserve Bank of San Francisco. Beth Planakis AmOne, a financial marketing company, welcomed Beth Planakis as SVP of marketing and business development. Planakis joins AmOne with more than 16 years of experience in the digital marketing space with a particular emphasis on the financial services sector. At AmOne, Planakis will be responsible for overseeing all sales, marketing, and business development functions. She will also act as a key player in driving growth and revenue and will work closely with the company's business development partners to ensure each partner is achieving maximum profitability. Darius Kingsley JPMorgan Chase announced the appointment of former senior Treasury official Darius Kingsley as co-general counsel of mortgage banking. Kingsley has held various roles within Treasury, most recently serving as chief of the Homeownership Preservation Office, which oversees the federal government's Making Home Affordable Program. "As the housing market recovers, I'm excited to be at Chase as we help Americans achieve and sustain homeownership," Kingsley said. The M Report | 15