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MOVERS & SHAKERS CONTINUED FROM PAGE 35 Stewart Lender Services Welcomes New Executive Stewart Lender Services, Inc., a subsidiary of Stewart Title Company, appointed Jim Davis vice chairman and EVP of strategy and business development. Before joining Stewart, Davis was EVP and chief government affairs officer at Homeward Residential, where he was responsible for all activities and relationships with outside entities including government agencies and consumer groups. First Data Names Former JPMorgan Chase Exec to CEO Post Frank Bisignano was named CEO of payment processor First Data Corporation. Bisignano previously held several senior leadership roles with JPMorgan Chase & Co., including chief administrative officer, head of Chase home lending, CEO of mortgage banking, and co-COO of the global financial services firm. He also worked for Citigroup and First Fidelity Bank earlier in his career. Guardian Announces Promotion for Director of Acquisition Position Guardian Real Estate Services promoted Adrian Boly to the newly created role of director of acquisition. Boly is charged with originating new acquisition and development opportunities for placement within Guardian's multifamily portfolio. Boly, who first joined the firm in 2011 as an asset manager, was appointed to his new position with more than nine years of related experience. Fabrizio & Brook Hires New Attorney and Operations Manager Fabrizio & Brook, P.C., recently welcomed Janetta Pittman to its team. She is the latest addition to the firm's default litigation group in Troy, Michigan. Before joining Fabrizio & Brook, Pittman handled class action consumer litigation for Lovell, Stewart, Halebian, Jacobson LLP, based out of New York, and with the corporate discovery management team of Miller, Canfield, Paddock & Stone in Michigan. She earned her J.D. from Michigan State College of Law. Fabrizio & Brook also announced the appointment of Gary Szczesniak to the role of operations manager. He brings more than 30 years' management experience to the firm. Szczesniak's background also includes extensive experience in the banking industry, with particular expertise in process management and collections. He is a graduate of Macomb College and previously served in the United States Air Force Reserves. RealtyTrac Brings on Chief Economist RealtyTrac expanded its analytics team with the hiring of Jake Adger as chief economist. Adger has 11 years' analytics and product management experience. At RealtyTrac, he'll lead a new department tasked with conducting original economic housing research and developing new products and services. And he'll work with the database and public relations teams to create real estate reports. Three Attorneys Added to South & Associates Team South & Associates, P.C., a law firm specializing in the protection of creditors' rights in Missouri, Kansas, Nebraska, and Iowa, announced three new associate attorneys joined the firm: Rodger Turbak, Josh Henningsen, and Joe Wade. Turbak was hired for the firm's commercial and special assets department in its office in Overland Park, Kansas. Turbak earned his J.D. from Washburn University and his bachelor's degree from Central Missouri State University. He is licensed to practice in Missouri and Kansas. He is also a member of the Johnson County Bar Association. Henningsen was named associate attorney in the firm's litigation department located in the Omaha, Nebraska, office. Henningsen received his J.D. from the University of Iowa College of Law and his bachelor's degree from the University of Kansas. He is licensed to practice in Nebraska and Iowa in state and federal court. He holds memberships with the Nebraska State Bar Association and the Iowa State Bar Association. Wade is an attorney in the firm's title resolution and post-sale department in Overland Park. Wade received his J.D. from Southern Illinois University and his bachelor's degree from Rockhurst University. He is licensed to practice in Missouri and is currently a member of the Kansas City Metropolitan Bar Association. VirPack Hires COO to Lead Growth VirPack, a provider of document management and eDelivery solutions for the mortgage industry, appointed Cy Brinn to take on the role of COO. He joins the company's leadership team with 25 years' lending automation experience. As VirPack's COO, he will utilize that experience to expand the company's operations to support its growing client base. New Attorney Joins Hunoval Law Firm The Hunoval Law Firm, PLLC, welcomed Les Blankenship to the firm. The South Carolina attorney has expertise in default and contested foreclosure processes. He previously managed more than 250 litigated matters for several of the nation's largest mortgage companies and servicers. In addition, Blankenship has more than 20 years' experience as a business owner and IT consultant. CONTINUED ON PAGE 39 36 CONTINUED FROM PAGE 35 requirement. Borrowers must meet a monthly benchmark for residual income that varies by geography and family size. For example, a family of four purchasing in the Midwest must have at least $1,003 remaining each month after making major installment payments like a mortgage or student loans. The minimums are higher on the coasts. This type of standard can help identify veterans who might present significant lending risks. Even veterans with nonVA loans can at least receive guidance from the department's foreclosure prevention specialists. But the VA has no legal standing to intervene in these cases. In either case, it's imperative that service members in jeopardy contact their servicer immediately. Active duty service members also have foreclosure protections as part of the Servicemembers Civil Relief Act (SCRA), which insulates active military from certain financial and civil obligations. SCRA may also provide qualified homeowners with a lower interest rate or an interest rate cap and forbearance. Chris Birk is a former journalist and the author of The Book on VA Loans: An Essential Guide to Maximizing Your Home Loan Benefits. He is also content development director for Veterans United Home Loans. KNOW THIS June is National Homeownership Month, a proclamation issued by President George W. Bush in 2003 to recognize "the importance of offering every American the opportunity to realize their dream of homeownership."

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