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Genworth Financial

Richmond, Va.-based Genworth Financial Inc. has named Lori M. Evangel its new executive vice president and chief risk officer.

Genworth says Evangel comes to the company from Aflac Inc., where she served as a managing director and chief risk officer for global investments, while developing the investment division risk management function, including new credit and market risk systems and a new enterprise stress testing framework.

Prior to that, Evangel was senior vice president and enterprise risk officer for MetLife, responsible for developing and leading the global enterprise risk management unit in partnership with a cross-functional team in more than 50 countries.

In conjunction with this announcement, Michel Perreault, formerly Genworth’s chief risk officer, will remain with the company as chief risk officer of the U.S. life insurance division.

 

Freedom Mortgage

Mortgage industry veteran Donald Hard has joined Freedom Mortgage Corp. as first vice president of business development for the company’s retail division.

As per a company press release, Hard has 15 years of executive-level experience in mortgage sales management and a reputation for transforming low-volume, low-revenue regions into top-producing territories. He is a former executive with PHH Mortgage, where he held various executive management positions. He is also a former vice president of business development for Weichert Financial Services.

In his new role, Hard is responsible for building out Freedom Mortgage’s retail sales division for New England and Florida. In addition to managing all daily operations and developing policies and procedures, he is actively engaged in recruiting and training branch managers and loan originators.

Hard recently appointed his first new hire, Lee Ann Dalessandro, a former executive with PHH Mortgage, as Freedom Mortgage’s vice president and northeast regional sales leader. As per the release, Dalessandro has more than 32 years of mortgage industry experience, including nine years in executive and management roles.

“Declining mortgage volume is putting top producers in more demand, which makes it even more important for them to understand how Freedom Mortgage can benefit them concretely, on a daily basis,” Hard says. “Success in originations takes more than just infrastructure. It also takes collaboration. I’ve worked with a lot of originators who have made a 180-degree change in production, simply because they got the support that they needed.”

 

Mortgage Master

Mortgage industry veteran Michael Cannatti has joined Mortgage Master as Texas regional manager.

Cannatti has 37 years of mortgage industry experience. Previously, he held leadership positions including Texas area manager at Cherry Creek Mortgage Corp.; director of executive recruiting at Network Funding; assistant vice president, production branch manager at Countrywide Home Loans; and executive vice president, sales and branch development at 1st Metropolitan Mortgage. He has also served as president of the Austin Mortgage Bankers Association and chairman at the Texas Mortgage Bankers Association.

In his new position, Cannatti will be in charge of attracting high-quality mortgage originators, opening new full-service retail production branches, while expanding production volumes and market share in Texas.

 

Inlanta Mortgage

Joe Spisak has rejoined Inlanta Mortgage as a loan officer.

As per a company press release, Spisak entered the mortgage banking industry as a junior underwriter with Sunbelt Mortgage more than 16 years ago. He has since grown his mortgage business exponentially by focusing on his customers’ satisfaction, supported by the fact that he was awarded the Five Star Mortgage Professional designation in 2011, 2012 and 2013.

Spisak brings customer care specialist Kayla Kania with him back to Inlanta. Prior to partnering with Spisak, Kania worked with other top loan producers and a top real estate team in the Chicago metro market.

“It is very exciting to welcome Joe back to our team,” says Joe Ramis, vice president of business development for Inlanta. “His level of professionalism and his genuine concern for his customers align perfectly with Inlanta’s high ethical standards.”

Spisak and Kania will work out of Inlanta Mortgage’s Oak Brook, Ill., office.

 

Northmarq

Dan Baker has joined NorthMarq, a privately held commercial mortgage originator, as senior vice president of the company’s San Francisco office.

Baker, who has more than 30 years of experience in commercial real estate finance, most recently served as vice president of EverBank Business Property Lending’s northern California operations. He has also held positions with GE Real Estate Business Property, LoopNet, John Hancock Real Estate Finance, Northland Financial, Metropolitan Life Insurance and Bank of America.

In other company news, NorthMarq recently announced that it now has a local presence in Sacramento, Calif., through loan professional Marcy Olson.

NorthMarq provides mortgage banking and commercial loan servicing in 34 offices coast-to-coast. The company boasts more than $10 billion in annual production volume and holds a servicing loan portfolio of more than $41 billion. It has a long track record in multifamily financing as a Freddie Mac Program Plus Seller-Servicer and through its affiliation with Fannie Mae DUS lender AmeriSphere Multifamily Finance.

 

MountainView Analytics

Mortgage banking industry veterans Stenwyn Joseph and John Zhang have joined MountainView Analytics, offering analytics for fixed income and residential mortgage assets, as managing director of business development and vice president, respectively.

Joseph previously served as senior vice president, investment portfolio, at OneWest Bank, where he was responsible for managing all functions associated with the mortgage servicing rights (MSR) portfolio, including valuation, risk metrics, pricing, trading and financial reporting.

Prior to that, Joseph was with IndyMac Bank, predecessor of OneWest, where he led and mentored a team of portfolio managers and analysts in managing risk and return associated with MSRs, fixed income securities and whole loans. He also previously worked at North American Mortgage Co., managing the monthly valuation of a $40 billion servicing portfolio, with analysis for hedging, asset disposition and acquisitions.

Zhang previously worked as senior consultant, vice president at Northern Trust Bank, where he was responsible for creating balance sheet forecasts for CCAR. Prior to Northern Trust, he worked at MUFG Union Bank, validating models and creating reports shared with model owners, regulators and auditors. Zhang also worked at Portfolio Recovery Associates, developing credit and forecast models, and at BB&T, creating daily MSR valuations and risk projections. He is a financial risk manager certified by the Global Association of Risk Professionals.

In his new role, Joseph will partner with financial services companies to provide integrated solutions in support of their company-wide business objectives. Leveraging the analytics of subsidiaries MountainView IPS and MountainView Risk Advisors, he will employ a portfolio management strategy approach that combines independent/third-party expertise in pricing and valuation, trading and capital management, interest rate and credit risk management, financial planning and analysis, audit and regulatory risk mitigation, market research, and model validation.

Zhang joins MountainView’s team of risk analysts responsible for researching the variables and scenarios affecting the value of the residential MSR asset, developing and maintaining valuation and risk profiling models for the asset, and working with clients to align their model design with regulatory guidance.

 

360 Mortgage Group

360 Mortgage Group LLC, a privately owned mortgage banker with a focus on third-party origination, recently hired seven new account executives who will partner with mortgage brokers in Arizona, Florida, Illinois, Michigan, Missouri and Nevada.

Janine Truman, Kenneth Little, Leigh Ann Verhelle, Kim Bessette, Todd Schertzer, Michael Barnhart and Richard Druce will focus on supporting and growing 360 Mortgage Group’s mortgage broker network in their respective markets, according to the company.

Truman, Barnhart and Druce will report to Scott Brackett, regional manager for the west region; Little, Verhelle and Schertzer will report to Jeff Slain, regional manager for the central region; and Bessette will report to Joe Kowalewski, regional manager for the east region.

 

GSF Mortgage

Mortgage lender GSF Mortgage recently hired industry veteran John B. “Jack” Westfield to mange its newly opened second branch in Indiana.

Westfield has more than 27 years of experience in the mortgage banking industry. He started out as an office coordinator for a mortgage lender and worked his way up from there. Two years in a row, Westfield was the number-one producer for a local bank, where he eventually became sales manager. Later on, he worked his way up the ladder with another mortgage company, where he became regional vice president.

In addition to managing the new branch, Westfield also is the director of Managed Capitol Advisors in Indianapolis.

 

Churchill Mortgage

Brentwood, Tenn.-based lender Churchill Mortgage recently hired 16 new staff members in Georgia, Michigan, Tennessee, Texas and Virginia.

In Brentwood, Churchill has added Austin Heithcock as a loan partner, and Kathy Mendenhall and Shannon Kaiser as underwriters. The lender has also added Cindy Moore as a home loan specialist, Christina Forster as a customer care specialist and Teresa Maiser as an administrative coordinator.

Also joining in Tennessee at Churchill’s Memphis branch are Ina Ballard and Gilbert Battle as home loan specialists. Sarah Bennett is the lender’s newest assistant vice president in Houston, and Peggy Hollingsworth has joined as a sales support manager.

In Herndon, Va., the lender has added Chad Hartsfield as a home loan specialist and Carolina Espinoza as a home loan specialist assistant. Joining its Lansing, Mich., branch is Laura Weale as a home loan specialist. Kathryn Camp has joined as a home specialist in Greenwood, S.C.

William Hach has been added to Churchill’s branch in Kennesaw, Ga., as a processor and loan officer; Tammy Brooks has joined the Jackson, Miss., branch as a mortgage broker.

“Appetite for mortgages is growing, and while many of the largest institutions cut jobs within their lending departments, Churchill is growing along with this increased demand,” comments Mike Hardwick, president of Churchill.

In addition, Cara Costa recently joined Churchill Mortgage as vice president of operations.

Costa has more than 25 years of experience in risk management and quality assurance. Previously, she served as vice president and wholesale national underwriting manager for Franklin American Mortgage Co., where she directed a team of five regional managers and more than 70 underwriters and was responsible for the credit quality of all wholesale loans produced.

 

MountainView IPS

Christopher Kennedy has joined MountainView IPS, a valuation advisor specializing in fixed income securities and residential whole loans, as managing director.

Previously, Kennedy served as director, national sales consultant - capital markets division, for Equifax. Prior to this, he held sales roles at Compass Analytics, Republic Mortgage Insurance Co. and Tuttle Risk. He also previously worked as a senior fixed-income analyst at GE Capital Mortgage. He began his career with Deutsche Bank Alex Brown.

In this newly created position, Kennedy will be focused on increasing awareness of MountainView IPS (formerly Clayton Holding’s fixed income asset valuation unit) and enhancing the company’s valuation services. He will work closely with asset management firms, financial institutions, specialty finance companies and government agencies to ensure that they are receiving the independent/third-party reports, opinions and insights needed to achieve their business objectives.

Kennedy will report to Art Yeend, managing director and head of sales and marketing at MountainView Capital Holdings.

Contacts

Genworth Financial

 

 

 

 

 

 

 

 

 

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