Mortgage Daily Logo
mortgage news from industry experts

Mortgage Executives Recruited, Promoted

Some recent executive appointments at mortgage firms were internal promotions, and others were recruits from competitors. The past month has seen much C-Suite activity.

loanDepot
LLC reported last month that its founder and chief executive officer, Anthony Hsieh, was named Executive of the Year in the second annual LendIt Industry Awards.

Nationstar Mortgage Holdings Inc. announced last month that Tony Ebers was appointed to the newly created role of chief operating officer. His new job gives him immediate responsibility for servicing, originations and Xome operations.

Ebers’ originally joined Dallas-based Nationstar in 2015. His nearly three decades’ experience included time at IndyMac Bank FSB, OneWest Bank FSB and Black Knight’s ServiceLink unit.

On April 30, Freddie Mac revealed that William H. McDavid will be retiring as executive vice president – general counsel and corporate secretary at the end of this year.

Freddie Mac Chief Executive Officer Donald H. Layton said in the statement that McDavid drove
the legal and regulatory strategy at the McLean, Virginia-based company for six years.

Stepping in as Freddie’ new executive vice president and senior legal advisor to Layton is Ricardo Anzaldua. He was previously general counsel at MetLife Inc.

“We welcome to Freddie Mac Ricardo Anzaldua, an accomplished attorney and experienced general counsel whose experience and advice will be invaluable as we prepare for the future,” Layton said.

Earlier last month, Freddie reported Christopher E. Herbert was elected as a director on its board. Herbert has been the managing director for Harvard University’s Joint Center for Housing Studies since January 2015.   Before that he was research director from 2010 through 2014 and a research analyst from 1993 to 1997.

J.G. Wentworth disclosed on April 27 that Randi Sellari has been appointed CEO of specialty finance. She had already been president and chief operating office of Chesterbook, Pennsylvania-based J.G. Wenthworth — which she originally joined in 1996. Her LinkedIn profile shows that she left J.G. Wentworth from February 2015 to April 2018.

The announcement additionally indicated that Phil Buscemi, president of J.G. Wentworth Home Lending, now reports directly to the board of directors as the lender “continues to experience record growth in loan originations and operational capacity.”

Mary Beth Balzli has been named president and CEO of Synovus Mortgage Corp. Balzli has been with the company since 1999.

The new chief financial officer at Castle & Cooke Mortgage LLC is Mathew Brumble, according to an April 4 announcement and Brumble’s LinkedIn profile.
During his 26 years in the business, Brumble worked at multiple firms including Academy Mortgage Corp.

Better Mortgage said Monday that Howard Katzenberg is its new CFO. Before coming on board the New York-based company, Katzenberg spent a decade as CFO of OnDeck.

Michael Royer has been named executive vice president of wholesale lending at Pacific Union Financial LLC, a new release Monday said. He reportedly has more than two decades in the business.

Royer’s LinkedIn profile indicates he most recently worked as managing director of wholesale at Stearns Lending LLC., where he hung his hat for nearly six years. He spent a year at MetLife Home Loans, and worked for Countrywide Bank and its successor Bank of America Corp. for five years.

The new senior vice president, recapture and direct to consumer, at Caliber Home Loans Inc. is Justin Lally, a May 3 press release said. Lally. His prior employers include First Direct Lending and Discover Financial Services.

In April, Coppell, Texas-based Caliber said it hired loanDepot’s former
president of direct lending. Chad Smith is now executive vice president, head of recapture and direct to consumer. Like Lally, Smith also previously worked at Discover.

Other recent mortgage executive appointments are included in the following table.

Popular posts

How Long Does It Take to Refinance a Mortgage
How Long Does It Take to Refinance a Mortgage

So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...

How Does Refinancing a Mortgage Work
How Does Refinancing a Mortgage Work

A home purchase is considered an investment, and a robust one at that. Savvy owners are constantly looking for new ways to reduce debt, save money, pay less in interest, and ultimately build equity. Refinancing is one way to leverage your investment and do just that....

What Does It Mean to Refinance Your Home
What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than just borrow it....

Setting up the Utilities in My New House
Setting up the Utilities in My New House

All the tedious, time-consuming home closing documents have been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as your boxes and...

When Is My First Mortgage Payment Due?
When Is My First Mortgage Payment Due?

Navigating your way through a brand new mortgage loan can be a difficult task, especially for first time homeowners. After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of your first mortgage...

Newsletter

Don’t worry, we don’t spam

calculate your monthly mortgage payment

Related Topics

Helpful Links

Daily mortgage rate trends

Best mortgage lenders

First-time homebuyers programs by state

Loan limits by state

Types of mortgages

APR vs interest rate

Understanding PMI

Related Posts

THE TRUSTED PROVIDER OF ACCURATE RATES AND FINANCIAL INFORMATION