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Wave of Mortgage Executive Appointments

From the board room to the C-Suites to the executive suites, home lending organizations have recently been busy appointing, recruiting and promoting new leaders and directors.

Wells Fargo & Co. revealed last week that
Celeste A. Clark, Theodore F. Craver Jr. and Maria R. Morris have been elected to the board of directors. They will take their board seats on Jan. 1, 2018.

Clark previously worked for Kellogg Co., while Craver is the former president, chief executive officer and chairman of Edison International. Morris most recently worked at MetLife Inc.

On Nov. 27, Freddie Mac revealed that Grace A. Huebscher has joined its board of directors. Her prior employers include Capital One Multifamily Finance LLC and Fannie Mae. She founded Beech Street Capital LLC.

Nikolaos Athanasiou, the chief operating officer at Guaranteed Rate Mortgage, has been named to the Crain’s Chicago Business 40 Under 40 2017, a news release Monday said. He started at the retail lender in May 2009.

Last week, Chicago-based Guaranteed announced that its senior vice president and divisional manager, James Elliott, was promoted to executive vice president of national retail production in the East.

Similarly, Chris Knapp was promoted from a parallel position to
executive vice president of national retail production in the West.

Redwood Mortgage Trust Inc. disclosed Monday that its CEO, Marty Hughes, will retire on May 22, 2018. In addition, he’ll relinquish his seat on the board of directors.

Taking over the CEO role will be
Christopher J. Abate, who is being promoted from the position of president — a job he has been in since last year. He joined Mill Valley, California-based Redwood in April 2006.

Replacing Abate as president is
Dashiell I. Robinson, who is being promoted from executive vice president. Before joining Redwood in September, Robinson spent eight years at Wells Fargo Securities.

The new senior vice president – chief risk and compliance officer at PHH Corp. will be Albert Celini, a Nov. 20 statement said. Celini, who starts his new job next month, previously hung his hat at Citibank, GMAC and Freddie, among other firms.

In Brooklyn, New York, Dime Community Bank hired Nancy Tomich to be senior vice president and head of residential lending, a Nov. 28 statement said. She’ll be responsible for building the unit’s infrastructure and developing distribution channels through the bank’s lending officers and retail branches. She reportedly has two decades’ experience.

On Nov. 7, New American Funding said that Virginia Martinez was named regional sales manager for Southern California. She reportedly has a quarter century in the business, including three years at Countrywide Home Loans.

Sierra Pacific Mortgage Company Inc. reported on Nov. 16 that
Jennifer Wardrop was promoted to East Coast retail operations manager from retail processing manager. She started at the company in 2015 and has been in the business for two decades.

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