TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/844227
TH E M R EP O RT | 13 MCROWD bringing together decision-making executives from across the nation, the NMSA drives the agenda on shaping the American housing industry for the benefit of homeowners. LIZ BRYANT Wells Fargo Home Lending announced that Liz Bryant will now lead the company's retail sales organization, reporting to Head of Mortgage Production, Michael DeVito. Bryant has 25 years' experience in mortgage originations and operations, and has been with Wells Fargo since 2003 when she started as a regional sales manager from GMAC Mortgage. With her new position as National Sales Manager, Bryant will be responsible for Wells Fargo Home Lending's retail sales team, which originates residential mortgage loans in all 50 states, while being powered by more than 7,900 home mortgage consultants. This group provides a full range of mortgage solutions, including relocation and employee mortgage programs for several Fortune 500 companies. MEG BURNS In June, the Financial Services Roundtable (FSR) announced the hiring of Meg Burns as SVP of Mortgage Policy. Previously, Burns served as Partner of The Collingwood Group and Senior Associate Director of the Office of Housing and Regulator Policy at the FHFA and was the Director of the Office of Single Family Program Development for HUD's Federal Housing Administration. Burns holds a bachelor's degree in philosophy from Connecticut College and a master's degree in philosophy and public policy from George Washington University. In a statement, the FSR said it hired Burns to "bolster its housing finance reform advocacy efforts." The organization also recently hired Ed DeMarco, former FHFA Director, as its Housing Policy Council President. ADAM CONTOS RE/MAX Holdings, Inc. announced the immediate appointment of COO Adam Contos to RE/ MAX Co-CEO, sharing responsibilities with Co-Founder and now Co-CEO Dave Liniger. Contos led many key functions at RE/MAX in the last 14 years and was named COO in 2016. With the appointment of Contos, Liniger will now be able to focus on furthering the company's leadership position in the industry, while driving special strategic initiatives. RE/MAX has utilized the Co-CEO structure in several of its CEO transitions. The approach ensures continuity in RE/MAX leadership, in its successful and unique business model, and in the overall company strategy. Serene Smith, SVP of Financial Planning and Business Analytics, succeeds Contos as COO. Smith joined RE/MAX in 2006 as the Senior Manager of Internal Audit. She then was named VP of Financial Planning and Analysis in 2014 and a SVP in January 2016. ADAM SAAB LoanCare, a ServiceLink company, announced that Adam Saab has assumed the role of EVP and COO, effective June 5. Saab had previously held the position of SVP at PNC Mortgage where he was responsible for core servicing for all mortgage and consumer products for the bank, as well as for the home lending integration as PNC combined the mortgage and home equity products onto the Black Knight MSP platform. In this executive leadership position, Saab is responsible for leading LoanCare's effective and cohesive operations management team in managing business plan objectives, maximizing client business opportunities, and meeting customer service goals and standards. Prior to joining PNC Mortgage, Saab spent 14 years at CitiFinancial Mortgage Company, where he held various positions in default servicing. At the time of his departure, he was SVP of the foreclosure and post default processes, overseeing 2,100 associates in both domestic and offshore sites. TIFFANY MALM-RUIZ U.S. Real Estate Services, Inc. (USRES) announced in June that Tiffany Malm-Ruiz has joined the company's management team. Malm-Ruiz will be responsible for the oversight and management of the REO Division alongside Gene Shibata, REO Supervisor, and is in charge of REO client relations, compliance adherence benchmarking, procedural analysis/ audit, policy review/analysis, and other managerial responsibilities. Previously, she was AVP of Portfolio Management at Phoenix Asset Management LLC in Salt Lake City, where she oversaw the day-to-day operations of all steps in the REO process. She also worked at Robert J. Jackson & Associates, Green River Capital, and Select Portfolio Servicing in account management positions. AMDC Welcomes New Members The American Mortgage Diversity Council (AMDC) is pleased to announce it has welcomed new members Caliber Home Loans and Sutherland Global Services. AMDC is an organization focused on shaping the diversity agenda, while advancing solutions that support a broad range of diversity initiatives. From supply-chain diversity, to "Changing customer expectations and technical innovation are creating exciting opportunities in the mortgage business, and we recognized that new sales leadership is required as we continue to evolve our culture and deliver for our customers in compelling new ways." —Michael DeVito, Head of Mortgage Production, Wells Fargo