TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/74422
JAMES M. COPE. Maryland-based Walker & Dunlop has hired James M. Cope as one of two newly appointed SVPs to lead the company's new office in Milwaukee, Wisconsin. In his position for the company, Cope will be responsible for diverse aspects of the company's commercial originations business in the region. Cope com- mented on his decision to join Walker & Dunlop, noting that he is "impressed by management's steadfast focus on growth in a measured and profitable manner." JOSEPH MACCHIONE. Pennsylvania's GMH Mortgage Services has named Joseph Macchione as the company's CEO. Macchione has worked in various capacities for GMH, acting as general counsel for GMH Capital Partners, LLC, and serving as EVP, general counsel, and secretary of GMH Communities Trust. Additionally, Macchione is currently the CEO of GMH Associates, Inc., and he will con- tinue to fill that position in conjunction with his new role. PATRICK K. DEMPSEY. Teaming up with Walker & Dunlop, Patrick K. Dempsey has been added as a SVP for the company's recently opened Wisconsin- based branch. Dempsey will share the role with James M. Cope, with whom he has previously served during his time at Grandbridge Real Estate Capital. While with Grandbridge, Dempsey specialized in originating and structuring commercial real estate financing for all property types, and his current position with Walker & Dunlop will also focus on financing for commercial transactions. TIMOTHY MAYOPOULOS. Mortgage giant Fannie Mae has appointed Timothy Mayopoulos as the enterprise's presi- dent and CEO. Fannie's new leader joined the organization three years ago to serve as EVP, chief administrative officer, and general counsel. He will assume his new role in mid-June as outgoing CEO Michael Williams takes leave. "Our thorough and thoughtful evaluation of qualified and interested candidates focused on a singular goal: to secure the best lead- er for Fannie Mae," said Philip Laskawy, Fannie's chairman of the board. TIMOTHY JAEGER. WMI Holdings Corp., formerly Washington Mutual, Inc., has named a new interim chief accounting officer. As part of the entity's ongoing strategy following the completion of Chapter 11 proceedings, WMI has appointed Timothy Jaeger to the leadership role. Jaeger is currently a principal for CXO Consulting Group, LLC, and he has been retained by WMI through an engagement agreement between the two companies. Most recently, Jaeger was the SVP, chief accounting offer, and CFO for Macqurie AirFinance, Ltd. DONALD LAYTON. Freddie Mac has selected a new CEO, hiring Donald Layton, a longtime banking executive from the pri- vate sector, to take over leadership of the organization. Layton replaces outgoing CEO Charles Haldeman, who made the decision to step down last fall. Commenting on the enterprise's new CEO, Freddie's non-executive chairman, Christopher Lynch, stated that Layton will provide "strong executive leadership and a deep understanding of financial mar- kets at a pivotal time." HEIDI MCQUAIG. Boasting more than two decades of experi- ence in the mortgage industry, Heidi McQuaig has been promoted to assistant operations manager for Churchill Mortgage's Brentwood, Tennessee, headquarters. Prior to joining Churchill, McQuaig has worked as a loan processor for Access National, Nations Home Funding, Mortgage Edge, and Home Security Mortgage. In her new position for the company, she will manage production responsibilities to ensure quicker loan processing times. THOMAS J. NOTO. Morrison & Foerster will welcome a new partner in the firm's financial services group. The company has added Thomas J. Noto to the division, which special- izes in finance-related regulatory, litigation, and transactional practices for Morrison & Foerster. Noto joins Morrison & Foerster from his previous role as associate general counsel at Bank of America, where he provided legal support for the bank's home loans segment, including broad responsibilities for the financial insti- tution's mortgage, home equity, fair, and neighborhood lending. DAVID H. STEVENS. The current presi- dent and CEO of the Mortgage Bankers Association departed the organization to assume the role of president of SunTrust Mortgage. David Stevens left his current position June 30 and will assume his post at SunTrust on July 16. "David Stevens is a high-caliber leader, professional, and individual," said Jerome Lienhard, CEO of SunTrust Mortgage. "His subject-matter knowledge and lead- ership abilities are well known, as is his tireless commitment to our industry." SHAREE MCKENZIE TAYLOR. Interthinx has added a public policy expert to its leadership lineup. The company recently announced the ap- pointment of Sharee McKenzie Taylor as Interthinx's director of industry relations in Washington, D.C. Joining the company from her previous role as the director of public policy for the Mortgage Bankers Association, Taylor will become a part of Ann Fulmer's Capitol Hill-based team. JONATHAN L. WOODS. Florida-based Citizens First Wholesale Mortgage Company recently announced the appointment of Jonathan L. Woods to the executive role. Boasting more than two decades of industry experi- ence, Woods will head up Citizens First's mortgage and servicing opera- tions. Woods has previously held di- verse roles throughout the real estate financing industry, including working as a consultant for RP Funding's investor loan programs and investor relationships. DAVID ZIONTS. Norcom Mortgage and Insurance has an- nounced a new team member, recently hiring David Zionts as a pri- vate mortgage banker and licensed insurance agent for the company. Zionts has previously performed in diverse roles throughout the mortgage and insurance indus- tries, and most recently, he was a mortgage broker and was also active in multistate property and casualty in- surance sales. In an official statement, Norcom touted Zionts' capabilities, calling him "skilled at being able to adapt, change, and learn." Editor@TheMReport.com. Know someone moving up in the industry? email us at THE M REPORT | 21