The Three Percent Solution

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10 | Th e M Rep o RT MCrowd RichaRd Shelby In a widely anticipated move, U.S. Senator Richard Shelby (R-Alabama) was elected chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the 114th Congress. Shelby previously held the position of chairman of the Senate Banking Committee from 2003 to 2006. Analysts believe that one of Shelby's top priorities as Senate Banking Committee chairman will be taking on issues with the Dodd-Frank Act, particularly concerns over the activities of the Consumer Financial Protection Bureau. Phil M ccall Florida-based Aces Risk Management (ARMCO), a provider of Web-based audit technology for the financial services industry, tapped mortgage quality- control expert Phil McCall to serve as COO. According to an announcement, McCall brings more than two decades of experience in quality control, loan origination and underwriting, mortgage fraud, loss and litigation, and real-estate based transactions to the firm. candice MeRRiweatheR LRES, a national firm specializing in residential and commercial valuations and asset management services, appointed Candice Merriweather as VP and national sales manager. Merriweather joins LRES from StreetLinks Lender Solutions, where she served as national sales director. Her 20-year career also includes leadership positions at Service 1st Valuation and Title, Kirchmeyer & Associates, and the Property Source, among others. RaPhael w. boStic Real estate economist and former HUD policy advisor Raphael W. Bostic has been elected as a director on Freddie Mac's board of governors. Bostic, 48, brings extensive expertise in public policy, academics, and research to his position on the Freddie Mac board of governors. From 2009 to 2012, Bostic served as Assistant Secretary for Policy Development and Research at HUD, a position that required Senate confirmation. In that position, Bostic was a principal adviser on policy and research to the HUD secretary. M. lance coyle The Appraisal Institute, a professional as- sociation comprised of nearly 22,000 real es- tate appraisers across 60 countries, rang in the new year with the appointment of M. Lance Coyle as president for 2015. Currently working in Dallas, Coyle has been involved in real estate valua- tion for three decades. He served as president of the Appraisal Institute's North Texas chapter in 2000 and was a member of the Region VIII Committee for a number of years. Coyle previously served the Appraisal Institute as president-elect in 2014 and as VP in 2013. Rudy oRMan Carrington Holding Company named Rudy Orman as managing director of business development for Carrington Mortgage Holdings. Orman possesses nearly three decades of experience in the mortgage arena and has a solid track record in managing business growth and developing key relationships within the housing sector. Prior to joining Carrington, he served as SVP and director of marketing and business development at RCS, a wholly owned subsidiary of Capital Mortgage Investment. Jonathan coRR In California, mortgage software and services provider Ellie Mae announced the promotion of Jonathan Corr to the position of CEO. Corr is a nearly 13-year veteran at Ellie Mae, having joined the firm in 2002. He stepped up into the role of COO in 2011 and was named president in 2013. Corr's new position will have him filling the shoes of Sig Anderman, who has served as CEO since he founded Ellie Mae in 1997. Anderman will continue to serve the company as executive chairman of its board. John Vella Altisource Portfolio Solution's executive team saw a new ad- dition, with industry veteran John Vella stepping into the newly created role of chief revenue officer. Vella's appointment comes at a time when Altisource is exploring ways to diversify its offerings after a down year for the company. In an investor presentation in January, the com- pany previewed some of its growth initiatives for 2015, including plans to expand its origination services and technologies and to expand its online real estate marketplace. daniel eckeRt In New York, national title insurance firm MiT National Land Services added Daniel Eckert to its team to run the company's national division. Eckert's title career spans 25 years and has seen him working with clients ranging from real estate investment trusts to banks to large loan officers. Working out of Chicago, he will spearhead MiT's national expansion, actively integrating his clients into the company's platform. loRie helMS LenderLive Network announced the hiring of Lorie Helms as chief information officer (CIO). A seasoned technology management veteran, Helms brings more than 17 years of experience to her new post at LenderLive. Before joining the company, she served as chief technology officer for Stewart Lender Services. For her work in information and technology, Helms was named as a finalist for the Denver Business Journal's 2013 CIO of the Year Award. JoRdan wilde Less than a year after he first joined the company as national account executive, First Valuation announced this week the promotion of Jordan Wilde to the position of VP of sales and marketing. Wilde has more than 13 years of sales and management experience to his name, most notably in originations, private lending, and loss mitigation. Since he first signed on at First Valuation in February 2014, his contributions have "demonstrated his outstanding leadership capabilities and in-depth industry knowledge," according to the company. MaRk hugheS As part of a push to expand its growing operation, LenderLive Network named Mark Hughes to serve as president of its Due Diligence Division. Hughes' resume includes leadership posts in due diligence operations at several of the country's top property and data firms. Before coming to LenderLive in April 2014, he headed up CoreLogic's Due Diligence Solutions group. Prior to that, he served as president and COO of the Bohan Group, a leading due diligence company. Know someone moving up in the industry? email us at Who's moving on and who's moving up in the industry

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