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12 | TH E M R EP O RT MCROWD Who's moving on and who's moving up in the industry This month, some of the industry's largest companies saw significant changes to their corporate lineups. Know someone moving up in the industry? email us at Editor@TheMReport.com. GOVERNMENT IRVING DENNIS HUD Secretary Dr. Ben Carson announced new measures to protect the financial integrity of the department, including the appointment of a new CFO, Irving Dennis. Dennis is tasked with putting together a plan and an internal task force focused on combating waste, fraud, and abuse. A former partner at Ernst & Young, Dennis said, "I'm excited to apply a business acumen to a task that is necessary for us as an agency. These new internal controls and management practices must be embedded into our organization to help prevent misuse and misappro- priation of assets. The goal is to create more robust processes and systems of checks and balances to ensure our expenditures not only meet all of our requirements but pass a common sense 'smell test.'" LENDER/SERVICER PERRY HILZENDEGER Wells Fargo & Company, based in Des Moines, Iowa, announced that Perry Hilzendeger, currently EVP and Head of Home Lending Servicing, will become the new head of Home Lending Retail. As head of Home Lending Retail, a newly created role, Hilzendeger will report to Michael DeVito, who was named head of Wells Fargo Home Lending in January. Based in Des Moines, Hilzendeger will oversee nearly 15,000 retail production team members in mortgage and home equity sales, underwriting, fulfillment and support functions. Hilzendeger, a 28-year Wells Fargo veteran, took over as head of Home Lending Servicing in 2015. In that role he oversaw nearly 13,000 team members who service mortgage loans and home equity products for more than 9 million customers and more than $1.2 trillion in mortgage loans for investors. Prior to that, he was head of Default Servicing, where he led teams dedicated to helping customers prevent and resolve delinquencies. RICK SHARGA California-based Carrington Mortgage Holdings has announced that Rick Sharga has rejoined the company as an EVP. In this role, Sharga will serve as the primary spokesman for Carrington, and will be responsible for public relations and communications, as well as branding and marketing strategies for all of the Carrington Companies. "Carrington has numerous products and services, from our rapidly growing loan origination and servicing platforms, to our consumer-facing online services such as Carrington Connects, which manage every step of the home ownership and mortgage journey, and Rick is uniquely qualified to deliver our messages successfully in all of our markets," said Kevin Cloyd, Chief Administrative Officer for Carrington Holding Company. Prior to rejoining Carrington, Sharga served for five years at Ten-X, most recently as the company's Chief Marketing Officer. LEE WARDLOW Tulsa, Oklahoma- based BOK Financial Mortgage, a division of BOK Financial, has named mortgage veteran Lee Wardlow to lead the com- pany's loan servicing business. Wardlow most recently served 15 years in a mortgage servicing leadership role at Bank of America in Dallas. Wardlow brings more than 25 years of mortgage servicing industry experience to BOK Financial Mortgage the company said in a statement. His diverse experience includes leading mortgage servicing operations, subservicing, servicing transfers, strategic portfolio management, and transaction management. Prior to Bank of America, Wardlow developed subservicing for various industry participants. "The goal is to create more robust processes and systems of checks and balances to ensure our expenditures not only meet all of our requirements but pass a common sense 'smell test." —Irving Dennis, CFO, HUD