MReport July 2022

TheMReport — News and strategies for the evolving mortgage marketplace.

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M R EP O RT | 13 volumes over the past few years. He is an inspiring leader who has the exper- tise and experience to guide Inlanta's continued growth and success." Buege played a key role in advanc- ing the use of Inlanta's Advisory Board, which is comprised of company lead- ers elected to three-year terms by all employees to ensure everyone has a voice in the direction of the company. The Advisory Board provides Inlanta's leadership team with guidance and input used in shaping the company's policies and strategies. During Buege's tenure with the company, Inlanta was named a "Top Workplace" by the Milwaukee Journal Sentinel seven times. Previously, Buege served in senior and C-level positions at national, independent mortgage banks. He began his career at Fleet Mortgage Corporation, where he was promoted several times. Fleet was later acquired by Washington Mutual Bank. CHRIS ERICKSON Motto Mortgage, a national mortgage brokerage franchise in the United States, and wemlo, a third-party mortgage processing solution with an all-in-one digital platform, announced it has appointed industry veteran Chris Erickson as VP of Product & Strategy for both brands. Erickson brings nearly two decades of experience in the financial services industry, previously serving as VP of Product Management for Guaranteed Rate, Head of Product for Rental Property Solutions at CoreLogic, Assistant VP & Product Manager for Mr. Cooper (previously Nationstar Mortgage), and holding various prod- uct management roles at CitiBank, Caliber, and Primary Residential Mortgage. Throughout his career, Erickson has been heavily involved in the end-to- end mortgage origination process, overseeing the strategic, tactical prod- uct management, and development of mortgage origination workflow solu- tions. His work has also been integral to building proprietary systems that create improved, simplified, and easy- to-use platforms for end users. "We are thrilled to welcome Chris to the team to help propel the growth of these young, thriving brands," said Ward Morrison, President and CEO of Motto Franchising LLC and wemlo LLC. "His extensive industry experi- ence has allowed him to learn the chal- lenges originators and consumers face in the home buying experience, and he will work to develop solutions that improve and streamline the process for our franchisees and customers." In his new role, Erickson's pri- mary responsibilities include product management, the procurement and advancement of technology solutions, and overseeing the training depart- ment and support teams for Motto Mortgage and wemlo. For the Motto Mortgage brand, Erickson's primary focus is to ensure the product eco- system for franchisees is streamlined. He will also work to introduce new technology to the mortgage broker network that will allow franchisees to build and scale their businesses more effectively. For wemlo, Erickson will focus on enhancing the existing loan processing platform to improve user experience and continue building unique and innovative technology solutions for the mortgage brokerage channel. JAYNE FURLONG Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern United States, has opened a new branch office in Warwick, Rhode Island, to be led by Branch Manager Jayne Furlong. An industry veteran with more than 35 years of financial experience, Furlong joined Mortgage Network in Danvers, Massachusetts, as a Sales Manager in January. "I'm honored to lead our new branch and look forward to meeting with many new and existing clients," Furlong said. "We have a strong team here, and we're ready to provide the best customer service to all residents who need to buy or refinance a home. The market can be a bit overwhelm- ing these days, but we're ready to help our clients navigate it from beginning to end." Furlong is a member of the Mortgage Bankers Association (MBA), the National Association of Mortgage Bankers (NAMB), the Rhode Island Mortgage Bankers Association (RIMBA), and was one of the first in Rhode Island to earn RIMBA's Certified Mortgage Professional (CMP) designation. PAUL GARRIGUES Waterstone Mortgage Corporation has named Paul Garrigues as the company's new CFO. In his new role, Garrigues will serve as a liaison for the lender's parent company—WaterStone Bank—and oversee all corporate accounting functions, providing financial direction for Waterstone Mortgage's many branches nation- wide. "I look forward to working with our Home Office teams, branch teams, and WaterStone Bank to continue contributing to Waterstone Mortgage's growth," Garrigues said. "As a highly respected lender that places people first, Waterstone Mortgage has made a positive impact on the lives of many individu- als and families over the years—and I'm excited to become part of the company's mission to help as many people as possible achieve the goal of homeownership." As a member of the executive team, he will also play a pivotal role in the strategic growth of the organization. Garrigues has more than 40 years of accounting experience in the financial services, banking, and mortgage industries, including many executive leadership roles. "We are pleased to welcome Paul to the team," Waterstone Mortgage President & CEO Jeff McGuiness said. "With his impressive financial ser- vices background, we are confident that Paul will continue to reinforce Waterstone Mortgage's reputation as an elite, retail—exclusive lender—while fostering our company's continued growth and serving as an invaluable resource for our sales leadership." PAUL HOWARTH Paul Howarth has joined Deephaven Mortgage as Regional VP of Wholesale Sales and will assist in expanding the firm's non-QM footprint and market share in the western half of the United States. "I consider Deephaven the nation's leading non-QM lender, and it's excit- ing to join the company at this mo- ment, just as non-QM is really starting to take off," Howarth said. "By provid- ing everything in-house—technology, training, support, service, product manufacturing, and underwriting—we are able to offer a top-notch experi- ence for our customers." Howarth, who will be based in Huntington Beach, California, has 15 years of experience in business devel- opment for mortgage and financial services companies. At Deephaven, he will be tasked with developing a larger team of Account Executives to help Mortgage Brokers and Loan Officers grow their non-QM sales. "Paul has the drive and commit- ment to help our wholesale partners thrive in the non-QM market," said Tom Davis, Chief Sales Officer for Deephaven. "We are pleased to add him to our growing team." KELLY LEE Churchill Mortgage announced that it has continued its expansion across the Pacific Northwest with the appointment of Kelly Lee as Senior VP of Production for the Northwest region. Lee will oversee the rapidly growing PNW division, including all production across the region's 30 branches. With more than 20 years of experi- ence in the mortgage industry, Lee brings a wealth of knowledge to the table through an impressive track record of continual market growth and senior positions at noteworthy companies, including EVP, Divisional Manager at PrimeLending. In this role, Lee was able to grow PrimeLending's West Coast pres- ence over the course of seven years from $280 million to $3.1 billion, eventually leading to a role expan- sion that allowed him to oversee the management of $7.25 billion. Prior to PrimeLending, Lee was VP of Sales and EVP for a regional mortgage company and is a U.S. Army veteran. "Many mortgage companies are having a difficult time right now weathering market headwinds, but Churchill, especially on the West Coast, is moving in the opposite trajectory," said Jeff Miller, VP of the Churchill Mortgage Northwest Region. "Business is booming, and we're fully invested in growing our team and our regional presence as we enhance our customer service capabilities. Prospective buyers have quickly recognized that Churchill's process- oriented approach puts them in the best position for long-term financial growth and stability. We're building MCROWD

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