DS News

» VISIT US ONLINE @ DSNEWS.COM 17 UNITED FIDELITY FUNDING WELCOMES NATIONAL EXECUTIVE United Fidelity Funding West (UFFWest) has added Victoria Dunn to its wholesale lending team of account executives. As the National Wholesale Account Executive, Dunn will be working with a team of mortgage professionals to enhance the firm's services and expand its presence. Dunn possesses a demonstrated history in negotiation, business development, account management, direct sales, product marketing, technology, and essentially all facets of mortgage lending. "We are pleased to have been able to recruit someone with Victoria's proven background of successful execution and solution-oriented sales skill sets," stated John Bell, Principal at UFFWest. "UFFWest is expanding operations and adding talent to capitalize on emerging opportunities in the purchase-market business. ere is no doubt that Victoria will quickly add value and work well with our tight-knit team of mortgage professionals." SERVICE PROVIDER AUCTION.COM PROMOTES CHIEF TECHNOLOGY OFFICER California-based Auction.com announced that due to strong market demand driving a significant expansion of its technological infrastructure, Amit Aggarwal has been promoted to Chief Technology Officer to oversee this initiative. "Our clients and customers value having access to technology that brings unprecedented levels of information and insight to help with their disposition strategies," Jason Allnutt, General Manager of Auction.com said. "Our success is directly related to the level of talent within our team, and Amit Aggarwal's dedication in leading our technology expansion demonstrates his ability to identify and implement industry- leading solutions that truly go 'Beyond the Bid.' He is an important member of our organization and in his new role, will play a pivotal part in continuing to lead the way in defining technology's impact on our industry." ARMCO APPOINTS NICK VOLPE AS CSO Florida-based ACES Risk Management (ARMCO) has hired industry veteran Nick Volpe as Chief Strategy Officer. In his new role, Volpe will expand the adoption of ACES Audit Technology™ across financial enterprises and shepherd new solutions to market via ARMCO's consultative approach to customer challenges. Volpe's expertise stems from over 23 years of mortgage operational and QC experience, including executive positions at Interthinx, First American Mortgage Solutions, and Clayton Holdings. While at First American, Volpe led the Loan Review Division and functioned as a subject matter expert. He was one of the first employees at Clayton when he joined the company in 2000. OPENCLOSE RECRUITS LOS DEVELOPMENT EXPERT OpenClose, the Florida- headquartered mortgage fintech provider, has announced the appointment of senior software LOS and mortgage software development expert Joseph Wade to its growing development team. Wade joins OpenClose from Finastra (formerly D+H). In a statement, OpenClose said that Wade will play an integral role in software innovation and enhancements. "OpenClose is constantly advancing and adding new functionality to our suite of mortgage- software solutions and Joseph's extensive experience in the LOS space coupled with his rich development background will quickly add value," stated Jason Regalbuto, CEO and CTO at OpenClose. "We are excited about what Joseph brings to the table and how he can assist with our long-term software development strategy." WILLIAM MUELLER JOINS EQUATOR AS NATIONAL SALES DIRECTOR Equator, a California- based a provider of default software solutions for servicers, real estate agents, vendors, and other mortgage and real estate industry professionals, announced that William Mueller has joined the company as National Sales Director. Mueller will play a critical role in furthering the establishment of the Equator PRO Suite, a NATIONSTAR TAPS NEW CHIEF BUSINESS & PRODUCT OFFICER Nationstar Mortgage Holdings Inc., the parent company for the Mr. Cooper brand, announced that Francis Lobo has joined the company as EVP, Chief Business and Product Officer and President of Cooper Labs. Lobo will oversee the organization's digital strategy and product development. "Our team is committed to developing and offering new products and solutions that are more focused on the customer than ever before. Francis brings a wealth of experience to our team, and I am excited to have him on board to lead our product and digital transformation just as he has done at other innovative companies," said Jay Bray, Chairman and CEO of Nationstar. "Our goal is to redefine the homeownership journey by creating a technology-led experience that puts customers first and provides them a better understanding of their home as an asset for their overall financial well-being." OCWEN CFO RESIGNS Ocwen Financial Corporation, a Florida- based financial services holding company, announced that EVP and CFO Michael Bourque has made the decision to resign to accept a position with another financial services company. Additionally, John V. Britti has been named the organization's interim CEO as the company awaits its closing deal with PHH in the second half of 2018. Upon this closing, Glen Messina will assume the role of CEO and President. Britti, who currently serves as Ocwen's EVP and Chief Investment Officer, will continue in these roles during his tenure as interim CEO. "We would like to thank Michael for his financial leadership and his many contributions over the last four years," said Ron Faris, President and CEO of Ocwen. "While at Ocwen, Michael has focused his efforts on ensuring the company is in solid financial standing and is well positioned for future success. We respect Michael's personal decision, and we wish him the best in his new position."

• Cover