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July 2023 » thefivestar.com 17 July 2023 M O V E R S & S H A K E R S UNION HOME MORTGAGE NAMES LINDA THOMAS REGIONAL MANAGER Union Home Mortgage (UHM) has announced that Linda Thomas would become Regional Manager of the company's Florida operations, focusing on recruitment of loan officers across the state. A 25-year veteran of the mortgage industry, Thomas joined UHM through its acquisition of Amerifirst Home Mortgage. Linda had been leading growth in the Tampa market as a district manager for the last four years. She began her career in Maryland in 1998. Since then, she's held a variety of roles of increasing responsibility, but has always been focused on delivering the best result for clients. "Everyone wants a career where you can make a difference. I found that in the mortgage industry, and I am thrilled it's now my job to introduce that opportunity to so many," Thomas said. "I am honored to take on this role, and I look forward to leveraging my experience to drive excellence across Florida. In the Sunshine State, no one shines brighter than UHM." UHM is a full-service retail, wholesale, and consumer direct independent mort- gage banking company with more than 200 branches across the United States. "Florida has always been a key focus for us. We're thrilled to have a talented, natural leader like Linda spearheading what's next," said Jim Ferriter, UHM's SVP of Retail Sales. "Linda is well-respected and valued by every- one around her because she prioritizes the growth and experience of those she works with. We're happy to have her on the team." DAVID SMITH APPOINTED HEAD OF TRUIST MORTGAGE Truist Financial Corporation has announced that David Smith has been named Head of Truist Mortgage. Todd Chamberlain will continue to assist with the transition and retire from Truist July 31. Headquartered in Charlotte, North Carolina, Truist reported total assets of $574 billion as of March 31, 2023. In his new role, Smith will lead strategy and execution for all areas of mortgage in- cluding originations, fulfillment, nationwide direct channels, correspondent, warehouse lending, and servicing for more than 1.2 million clients. In his new role, Smith will report to Dontá Wilson, Truist Chief Retail and Small Business Banking Officer. "David's experience and accomplish- ments as a leader in the mortgage industry position Truist to reimagine the future of Truist Mortgage for our clients," Wilson said. "As we mark David's installment as leader, I want to also express my gratitude for Todd Chamberlain's leadership to help make the American dream of homeownership come true for millions of clients—truly building better lives and communities." Smith's experience includes leading the mortgage lending, insurance, and title businesses affiliated with Keller Williams, providing him with a unique view into the current, purchase-heavy real estate market. Prior to Keller Williams, he was the President and CEO of CitiMortgage, a subsidiary of Citibank. Smith's experience also includes successfully navigating key exposures for CitiMortgage during the financial downturn of 2008 and, prior to his role with CitiMort- gage, serving as COO of Retail Banking and Mortgage with Citibank. Beyond these roles, Smith has served in a variety of leadership roles in originations, servicing, and support functions. "I'm proud of our mortgage team and excited for our continued opportunity to provide a distinctive and successful home- ownership experience for our clients," Smith said. "Together, we have an opportunity to combine the caring, human touch we've always delivered with an innovative, digi- tal-first client experience to help even more clients bring their dreams into reality and achieve financial happiness." Service Providers JEREMY HOFMANN PROMOTED TO CFO OF ZILLOW GROUP Zillow Group Inc. has promoted Jeremy Hofmann to the role of CFO, a position he is taking over from Allen Parker, who will transition to an advisory role with the company into the first quarter of 2024. In his new role, Hofmann will oversee Zillow's finance, corporate development, strategy, and investor relations teams, and will report to Rich Barton, Zillow Co-Found- er and CEO. Hofmann joined Zillow Group nearly six years ago and most recently served as SVP of Corporate Development and Strategy, with experience in strategy, finance, budgeting, and operations rigor, investor relations, mergers and acquisitions and partnerships. As SVP of Corporate Development and Strategy at Zillow, Hofmann has led many critical workstreams, including driving the launch and execution of Zillow's Housing Super App strategy in early 2022; deploying a cross-functional team to drive budgeting and operating efficiency measures in 2019, which have since been realized across the business; has driven effective capital management programs since 2019 to support organic and strategic growth, while also returning excess capital to shareholders; raising in excess of $2.5 billion of equity capital over the past five years to support prior growth strategies; and initiating a $1.8 billion share repurchase program in late 2021. "Jeremy has been an integral part of Zil- low's growth since he joined the company," Barton said. "He's at the center of our strategy to capture a greater share of customer trans- actions in real estate while making it easier for more and more people to get home. Jere- my is key in driving progress on our growth strategy with operational and financial disci- pline, and I'm looking forward to him having an even bigger hand in shaping the future of Zillow as our CFO." Allen Parker was named CFO of Zillow Group in 2018. "Allen brought an operating mindset and