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DS News February 2021

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

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24 CFPB ANNOUNCES KEY APPOINTMENTS e Consumer Financial Protection Bureau (CFPB) announced the addition of Deputy Chief of Staff and an Assistant Director for the Office of Innovation—Ann Epstein and Jocelyn Sutton. Epstein will serve as the Assistant Director of the Office of Innovation. She was most recently a financial technology consultant advising clients on consumer financial wellness and sustainable housing projects. Before arriving at CFPB, Epstein worked for 18 years at Freddie Mac. Sutton will serve as the Deputy Chief of Staff for CFPB. She joined the bureau in 2012. She worked in the Office of Regulations before transitioning to the Office of the Director. Since then, she has served in various capacities, most recently as the Bureau's Executive Secretariat. Previously, Sutton served as Deputy Executive Secretary & Counselor to the Chief of Staff. With her knowledge of the agency, she brings a seasoned perspective to the role. S E R V I C E R S FLAGSTAR TAPS KAREN BUCK AS OPERATIONS HEAD Karen Buck has joined Flagstar Bank as EVP and Head of Operations. In this role, she is responsible for the Customer Engagement Center, retail and commercial operations, banking operations, and business risk and internal controls. Buck has over 30 years' experience in the financial services industry, most recently as EVP of commercial, retail, and payment operations at TD Bank. "With Karen on board, we look forward to driving operational excellence at Flagstar to a new level and giving our customers another reason to bank with us," said Alessandro DiNello, President and CEO of Flagstar. "She is a true professional and a standout in her field. We're fortunate to have her in this important position to support the future growth of our retail and commercial businesses." Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. On January 14th, Blake Paulson assumed the role of Acting Comptroller of the Currency, taking over from Brian P. Brooks who served eight months in the role before stepping down. "e Office of the Comptroller of the Currency (OCC) is the most extraordinary of federal agencies filled with the most dedicated, professional, and gifted staff any executive can hope to have. I am extremely proud of what we have accomplished together through what have been extraordinary times by any measure," Brooks said. In his previous role of COO, Paulson oversaw OCC bank supervision and OCC management operations, as well as staff responsible for Systemic Risk Identification Support and Specialty Supervision, and Supervision System and Analytical Support. Paulson was responsible for supervising nearly 1,100 national banks and federal savings associations, as well as nearly 1,600 OCC employees as Senior Deputy Comptroller for Midsize and Community Bank Supervision. "The Office of the Comptroller of the Currency is the most extraordinary of federal agencies filled with the most dedicated, professional, and gifted staff any executive can hope to have. I am extremely proud of what we have accomplished together through what have been extraordinary times by any measure." —Brian P. Brooks, former Acting Comptroller of the Currency S P O T L I G H T P R O F I L E G O V E R N M E N T Paulson Assumes Top OCC Role

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