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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.

Exec Changes at Service Providers Include Option One Figure

Recent executive appointments at mortgage service providers

Jan. 10, 2011


The former chief of Option One Mortgage Corp.'s parent company has landed at a servicing technology firm. Several appraiser companies were among service providers to recently announce executive appointments.

The new chief operating officer of Fiserv is Mark Ernst, a Jan. 3 statement said. Ernst will also serve as executive vice president at Fiserv, a Mortgage Daily advertiser, and report to chief executive officer Jeffrey Yabuki.

From 2001 to 2007, Ernst was chairman, president and CEO of H&R Block Inc. -- the former parent of Option One Mortgage Corp. His quarter century in financial services also includes a job at American Express.

Ellie Mae announced last month that Alan Henricks was appointed to serve on the company's board of directors. Prior to his stint as an independent consultant for the past 15 months, Henricks was chief financial officer at Pure Digital Technologies, "creator of the flip video camera."

As EVP of Williston Financial Group LLC, William Moody will lead the lender services division from Simi Valley, Calif. In a Nov. 29 news release, Portland, Ore.-based Williston said Moody has 34 years' experience in mortgage and settlement services.

In November, Vinod Thomas was named senior VP, default strategy and execution at ServiceLink. A press release indicated he will oversee new product development, expansion and integration at the default division.

At Credit Plus Inc., account executive Don Clement Jr. was promoted to southeast regional sales manager, a news release last week said. Clement was president and owner of Advanced Credit Service Inc. before the company merged with in 2003 with Credit Plus -- a Mortgage Daily advertiser.

Clement will oversee account executives in the Southeast for the Salisbury, Md.-based company. He'll also maintain existing accounts in the region.

Chris Goode joined Informa Research Services Inc. as manager of mortgage lending, the Calabasas, Calif.-based company announced Thursday. Goode's more than 20 years' experience includes a job at Countrywide Financial Corp.

The new chief appraiser at MDA Lending Solutions is John Hosey, a recent news release indicated. In his new job, Hosey is responsible for tracking industry changes, guiding implementation of best practices for compliance, and serving as a liaison to trade groups. Hosey reportedly holds a Juris Doctor from Villanova School of Law.

Orange, Calif.-based InHouse Inc. recently reported that Richard Heft was named national operations manager. Heft, who will work from Ponte Vedra Beach, Fla., previously worked at Wachovia and Merrill Lynch Credit.

Also at InHouse, Susan Anderson was named VP of sales for the Northeast. Anderson had previously been an account executive for PMI Mortgage Insurance Co.

Valuation Partners reported in December that Dawn Svedberg was hired as VP and national account executive. She'll be responsible for expanding sale in the West.

Matt McLean was hired at national sales director for the South Central region at ala mode. In a statement, the Oklahoma City-based firm said McLean has 23 years' experience in mortgage banking.

Mortgage default attorney Susan Reid was appointed as general counsel at McCalla Raymer LLC, according to a recent statement. The 25-year industry veteran previously spent time at Fannie Mae.

In Lake Forest, Calif., Scott Alton and Louis Masur have been hired as national account managers, National Creditors Connection Inc. announced last month. Alton will service the Southeast and Texas, while Masur's territory is the Midwest.

The position of chairman of the board will be created for the Depository Trust & Clearing Corp., separating the role from CEO, a December news release indicated. The organization noted that separating the roles is seen as a significant step by regulators, policy makers and governance experts. Korn/Ferry International has been retained to conduct a search for a new chairman.

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

[email protected]

Appraisal News | AMC Directory
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