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DS News Jan 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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10 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. LENDER/SERVICER OCWEN ADDS LEADERSHIP POSITION Focusing on its ongoing transformation to a stronger and efficient company post its acquisition of PHH, Ocwen announced a senior leadership appointment to drive the change. Timothy J. Yanoti joined Ocwen as EVP and Chief Growth Officer. Yanoti will lead Ocwen's lending business and operations, including forward and reverse mortgage lending, MSR purchases, and servicing business development efforts. Glen A. Messina, President and CEO of Ocwen, said, "Tim brings tremendous knowledge and experience across the mortgage industry with a proven track record of growth to Ocwen. He has significant experience in residential originations, operations, and capital markets, and will play a critical role in developing and executing a successful growth strategy to access a range of market opportunities." "I am confident that [newly appointed EVP and Chief Growth Officer Timothy J. Yanoti]'s strength as a risk practitioner combined with his deep understanding of mortgage business operations will be extremely valuable to Ocwen and our transformation plans." —Glen A. Messina, President and CEO, Ocwen CHURCHILL'S FOUNDER AND PRESIDENT RECOGNIZED AS 'MOST ADMIRED CEO' Churchill Mortgage announced that Founder and President Mike Hardwick has been named one of Nashville Business Journal's Most Admired CEOs of the year. Churchill provides conventional, FHA, VA, and USDA residential mortgages across 46 states. For the seventh consecutive year, the Nashville Business Journal has recognized Middle Tennessee executives for their leadership skills, business acumen, and community impact. is year's award recipients were curated through closed voting by award nominees themselves to carefully identify which business leaders are most admired by their peers, Churchill Mortgage said in a statement. "To be recognized by my fellow business leaders in Nashville, who all lead with integrity and care deeply for our community, is not only an honor for myself but for the entire Churchill team," Hardwick said. "I have had the pleasure of leading Churchill these past 26 years, but it is only through the support and commitment of each and every employee that we have achieved such great success." HOME POINT NAMES MANAGING DIRECTOR-REGIONAL MANAGER Home Point Financial Corporation, a national mortgage originator and servicer, announced that Tim Fitzgerald had joined the company as Managing Director-Regional Manager. He will direct Home Point's ird Party Originations (TPO) regional sales team responsible for 14 states in New England, the Northeast, Midwest, and Washington, D.C. He will report directly to Paul Wyner, Senior Managing Director-TPO Sales. Fitzgerald has nearly 30 years' experience in the mortgage industry, most recently serving as Regional Account Executive for Cardinal Financial. Phil Shoemaker, Chief Business Officer for Home Point, noted, "Tim's experience positions Keep up with who's doing what and who went where him as a clear fit for the role of Managing Director-Regional Manager. We are happy to have him on our team and are confident that his innovative leadership style will contribute to Home Point Financial's position as a leader in the TPO channel." SERVICE PROVIDER KEVIN COOKE JR. JOINS AUCTION.COM Auction.com, an online real estate marketplace dealing with distressed asset disposition, announced the addition of Kevin Cooke as its new SVP of Business Development. He will report directly to Ali Haralson, Chief Revenue Officer. In his new role, Cooke will drive Auction.com's business development efforts with a focus on identifying client opportunities for increased revenue and portfolio performance. He is a mortgage and finance industry veteran with over 20 years' experience. "I have had the unique privilege of working in various capacities within the financial services and mortgaging industries," Cooke said. "I have long been aware of Auction.com as the established market leader in residential real estate disposition with a proven track record of innovation. I now look forward to applying my expertise at Auction. com as the company continues to position itself for acceleration and growth." "I have had the unique privilege of working in various capacities within the financial services and mortgage industries." –Kevin Cooke, Jr., SVP of Business Development, Auction.com

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