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Lending in the High Tech Age

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MCrowd Who's moving on and who's moving up in the industry Robert Shiller. Robert Shiller—the man who lends his name to the Case-Shiller Home Price Indices— has been awarded the 2013 Nobel prize in economics. Shiller, a Sterling professor of economics at Yale University, was selected for the $1.23 million prize along with Eugene Fama and Lars Peter Hansen, both at the University of Chicago. Together, the Nobel committee says the three Laureates have made major strides in determining the predictability of asset prices, benefiting both academics and market investors. Jay Brinkmann. Jay Brinkmann, chief economist of the Mortgage Bankers Association (MBA), has announced that he will retire in early 2014. Brinkmann joined the MBA in 2001 and served as its chief economist since 2008. Calling his experience with MBA "tremendous but exhausting," Brinkmann said the time has come for his wife and him to relocate to their historic home in New Orleans, where they can be closer to family and "see if we still remember how properly to boil a pot of crawfish." Alan Fields. Alan Fields, executive director for the Florida Land Title Association, has joined WFG National Title, the company announced. As national agency counsel for WFG, Fields will serve as an underwriting and legal resource for the company's national title agencies. He will also contribute to the firm's national and Florida underwriting teams. Fields brings to WFG 27 years' legal experience. Before taking his executive director position with the Florida Land Title Association, he served as Florida state counsel for one of the industry's largest national underwriters. Ken Harthausen. In Colorado, Urban Lending Solutions announced the hiring of Ken Harthausen as SVP and strategic sales executive, positions from which he will oversee development and growth of strategic accounts. Formerly, he was president of the correspondent lending department at New Day Division, a subsidiary of Chrysalis Holdings. While there, he was responsible for setting the strategic direction, growing origination and reverse mortgage volumes, and increasing the division's revenue by millions. Jim Horne. As part of its ongoing efforts to diversify its mortgage services, Newbold Advisors has tapped the talents of 25-year veteran Jim Horne. He will serve as managing director in the firm's Washington, D.C., office. Prior to joining Newbold, he was SVP of business development at Riskspan, and before that was VP of finance systems and services at Fannie Mae. Outside of those positions, he has served as CIO of the Mortgage Bankers Association and was a co-founder of the Mortgage Industry Standards Maintenance Organization (MISMO). Lisa Springer. Stratmor Group, a Georgia-based consulting firm specializing in all aspects of mortgage lending, promoted Lisa Springer to COO. Springer joined the company in January and has spent this year working to develop two new products: MortgageSAT, a borrower satisfaction survey portal, and PeerViews, a proprietary survey engine. "In the short time she has been with us, Lisa has proven that she has the skills required to pull our unique collection of industry offerings into a concise and marketable set of highly valued products and services," said Dr. Matt Lind, managing director for Stratmor Group. Mary Downing. In Connecticut, Norcom Mortgage welcomed Mary Downing to the team as its newest wholesale account executive. Downing brings three decades of industry experience to Norcom and has worked for the past 15 years in wholesale lending for the Rhode Island and Southeastern Massachusetts markets. In her position at Norcom, she is responsible for developing and maintaining relationships with mortgage brokers and advising them on the company's loan programs, rates, and policies. Olumide Soroye. CoreLogic has announced the appointment of Olumide Soroye as managing director of Information Solutions. Soroye will lead the Information Solutions organization with responsibility for development and management of products and services within the Data and Analytics segment, which includes solutions supporting real estate, capital markets, mortgage analytics, perfecting loan quality, and due diligence. Julie Bussey. Julie Bussey was the second of two new hires at Urban Lending Solutions. As SVP of business development, Bussey will also be responsible for ULS' strategic accounts. She previously worked at Integrated Asset Services, where she held the titles of EVP of sales and marketing and senior director of business development. Prior to that, she held various sales positions in the mortgage industry for more than 15 years, negotiating multimillion-dollar agreements with Fortune 500 and government accounts. Tom Erickson. Mortech, a Zillow business providing mortgage technology software for bankers and secondary market teams, announced that Tom Erickson has been promoted to the position of mortgage industry and compliance specialist. "Tom has the experience we need to ensure that everything we build for mortgage originators makes them more successful while mitigating the risk of noncompliance," said Don Kracl, VP of mortgage tools at Zillow. Norm Koenig. In California, Platinum Data hired industry veteran Norm Koenig as its new SVP of sales. Koenig has worked in mortgage technology sales for more than 23 years and in that time has developed a track record of working with lenders to develop unique technology solutions to address their specific needs. As SVP of sales, he has the responsibility of developing and implementing sales strategies for achieving the company's goals within the mortgage lending segment. Know someone moving up in the industry? email us at Editor@TheMReport.com. The M Report | 15

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