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DS News March 2020

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

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14 GOVERNMENT FHFA MAKING STRUCTURAL CHANGES e Federal Housing Finance Agency (FHFA) announced a realignment that will "further bolster FHFA's capacity as a world- class regulator of Fannie Mae and Freddie Mac and the Federal Home Loan Banks," FHFA states. According to the FHFA, the realignment of its structure is designed to ensure that it is well-positioned for the GSEs to responsibly exit conservatorship. As part of the changes, the FHFA will be establishing three new units that report directly to the Director: » e Division of Research and Statistics headed by Deputy Director Lynn Fisher » e Division of Accounting and Financial Standards headed by Deputy Director Nina Nichols » e Office of Equal Opportunity and Fairness. e FHFA has also hired a new Deputy Director, Paul Miller, and Associate Director, Scott Valentin, for the Division of Enterprise Regulation. In addition, Christopher Curtis will be made Principal Deputy General Counsel, and Sean Dent will be Senior Deputy General Counsel. Anju Vajja will be Senior Associate Director for Policy Research; and in the Office of Minority and Women Inclusion, Paul Priest will be Associate Director for Diversity and Inclusion and Administration. e Division of Conservatorship will be renamed the Division of Resolutions, and FHFA will be recruiting an Office of Equal Opportunity and Fairness Director, a Chief Economist, a Senior Associate Director for Data, and a COO. "e changes we are implementing today will solidify FHFA as a world-class regulator," said Director Calabria. "e revised structure and appointments of highly qualified senior leaders will ensure that FHFA continues to protect taxpayers from future bailouts and deliver on our obligation to create a competitive, liquid, efficient and resilient housing finance market." Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. Lima One Capital has expanded its executive leadership team and appointed industry veteran Josh Craig as its Chief Revenue Officer. In this newly created role, Craig will lead Lima One's corporate sales and marketing activities to continue the company's national expansion. "As Lima One continues to grow, it was important to find an experienced industry sales leader who understands the private money lending space and has had real success leading and growing national sales teams," said Jeff Tennyson, CEO, Lima One Capital. "Josh adds a unique skill set to our executive team that will continue to propel our growth and enhance the Lima One culture." Prior to joining Lima One, Craig was part of the leadership team for Finance of America Commercial, accountable for the company's exponential sales growth. His management responsibilities were diverse, spanning the organization from sales leadership to product development to strategic planning and competitive positioning. "As Lima One continues to grow, it was important to find an experienced industry sales leader who understands the private money lending space and has had real success leading and growing national sales teams." —Jeff Tennyson, CEO, Lima One Capital Lima One Capital Names New CRO S P O T L I G H T P R O F I L E INVESTORS

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