twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.


Banks Shuffle Mortgage Executives

Recent mortgage-related executive activity

Nov. 5, 2009

By SAM GARCIA


The fast pace of executive recruitment and promotions at U.S. financial institutions has maintained over the past couple weeks. Mortgage executive appointments were prominent in the latest shuffle.

Raymond S. Barbone was named executive vice president of mortgage services at Miami Lakes, Fla.-based BankUnited. Barbone previously oversaw a 1,300-employee staff and a $240 billion portfolio at ABN AMRO Mortgage Group -- which was swallowed up by Citigroup Inc. in March 2007. At BankUnited, he will oversee loan administration and
servicing, default administration, real estate owned disposition and mortgage modification efforts.

BankUnited is the successor to BankUnited, FSB, which failed in May. Barbone, a CPA, will be responsible for around $9.6 billion in residential loans, including $5.0 billion in option adjustable-rate mortgages, based on FDIC data from May.

The new acting president of Golf Savings Bank, subject to regulatory approval, is Donn C. Costa, parent Sterling Financial Corp. announced last week. Costa started 15 years ago at Golf, which is "a leading originator of home loans in the Pacific Northwest" with more than 30 loan offices.

Sterling said it acquired Golf in 2006. Before the merger, Costa was chief executive officer of former Golf parent Lynnwood Financial Corp. Spokane, Wash.-based Sterling itself recently named J. Gregory Seibly as its acting CEO and Golf's acting CEO.

Across the state, in Everett, Dave Dorsey was promoted to executive vice president at Frontier Bank's real estate division, Frontier Financial Corp. said last month. Dorsey has 30 years of banking experience, including eight at Frontier.


Sterling photo
of Donn Costa

Frontier also named Jim Liming, Jeff Lewis and Lyle Ryan to various EVP posts.

John Owen was named head of Regions Financial Corp.'s consumer services group, an Oct. 27 news release indicated. The two-year employee will lead the bank's and mortgage line of business.

Owen replaced David Rupp -- who himself was hired as CEO of Greystone Bank. Owen was already a senior executive at Regions as well as a member of its executive council. He previously worked for Citicorp Credit Services.

Birmingham, Ala.-based Regions also noted that Cindy Rogers, who started with the company in 1978, was named to lead the operations and technology group. She already heads bank operations.

Across town from Regions, at Superior Bank, C. Marvin Scott was promoted to CEO, according to a press release last month from parent Superior Bancorp. Scott has been with Superior four years as its president.

The bank's chief operating officer, Rick D. Gardner, replaced Scott as president of the bank. Gardner also started his job at Superior in 2005

Both will serve is vice chairmen on the parent's board of directors.

Orem, Utah's, Family First Federal Credit Union issued an Oct. 27 announcement indicating Brent K. Wasmer was hired as chief operations officer. Wasmer "will assist in cross-functional collaboration between departments and branches along with providing strategic planning and participating in vendor contract negotiations."

First Federal also said Jon K. Meier was hired as mortgage manager. Meier, who has 20 years' related experience, will oversee the mortgage lending department.

The Pocono Record reported last month that Cari A Coelho was appointed as vice president of branch operations at Ivy League Mortgage, a subsidiary of First National Bank of Chester County. Coelho reportedly has government lending experience as a mortgage banker and a mortgage broker.

photo of Steve Kenny
Columbia CU photo
of Steve Kenny

Columbia Credit Union reported that it named Steve Kenny president and chief executive officer. The 30-year veteran has been the Washington, D.C.-based institution's interim CEO since May, while he spent two years as Columbia's chief operating officer.

Sam Garcia worked in mortgage lending for twenty years prior to becoming publisher of MortgageDaily.com in 2000.

e-mail:
[email protected]



SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders