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Executive Changes in Mortgage Boardrooms, C-Suites

During the past week, there have been boardroom changes at a mortgage servicer and government-sponsored enterprise. One firm appointed an interim chief financial officer.

A March 17 statement from the Federal Home Loan Mortgage Corp. indicated that
Raphael W. Bostic has notified the company he will resign from the board of directors.

McLean, Virginia-based Freddie Mac noted that Bostic is leaving on May 31 to take over as president and chief executive officer of the Federal Reserve Bank of Atlanta.

At Ocwen Financial Corp., Robert J. Lipstein has joined the board of directors. In addition, Ronald J. Korn has notified Ocwen’s board that he won’t stand for re-election.

Amar R. Patel has been appointed executive vice president and interim chief financial officer by Nationstar Mortgage Holdings Inc., a statement Wednesday said. He fills the void left by the departure of Robert Stiles.

Patel has been with the Coppell, Texas-based company since 2006. He was promoted from his role as executive vice president of portfolio, which he began in 2011.

The new regional vice president of business development at Inlanta Mortgage is David Williams, a announcement today said. His more than three decades in the business included time at WR Starkey Mortgage LLP and U.S. Mortgage Co.

Pacific Union Financial LLC reported Tuesday that Jeremy Walker has been hired as retail regional vice president.
He’ll oversee the branch network in the Southeast. During his more than 20 years in the industry, Walker employers included Bank of America Home Loans and BB&T.

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