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DS News April 2021

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

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17 said. "At a time when the liquidity provided by FHLBanks will be needed to aid a national economic recovery, I am excited to work with the bank's team to make a positive impact on our members, their customers, and the communities they serve." S E R V I C E R S HOMEPOINT ADDS TWO KEY HIRES TO EXECUTIVE LEADERSHIP TEAM Homepoint, one of the nation's leading mortgage originators and servicers, welcomed John Forlines as the company's new Chief Risk Officer and Jean Weng as its General Counsel. Both bring tremendous experience and a wealth of knowledge to Homepoint's proven executive leadership team, which averages more than 25 years of mortgage industry experience across the board. "We're thrilled to add John and Jean— two high-performing and strategically driven individuals who align incredibly well with our company mission and vision—to our team at Homepoint," said Willie Newman, President and CEO of Homepoint. "eir well- rounded skillsets and extensive backgrounds in the financial services sector will greatly fortify our business as Homepoint continues to rapidly grow and evolve as one of the nation's top mortgage lenders." Forlines joins Homepoint following a 33-year career at Fannie Mae, where he most recently served as Chief Risk Officer. In this role, Forlines oversaw the agency's enterprise risk management including credit and operational risk management for its $3.5 trillion book of single-family and multifamily loans. Also, during his time at Fannie Mae, Forlines held titles of Chief Audit Executive and Chief Credit Officer, roles in which he maintained a comprehensive view of corporate functions as well as credit risk related to underwriting and servicing risk management activities. "I am incredibly excited to join Homepoint and be a part of its journey as the company continues to grow and expand the ways it supports its partners and customers," Forlines said. "It is easy to see the bright future that lies ahead for Homepoint given its outstanding leadership team and commitment to doing the right thing. at ability to grow so quickly while maintaining such a high quality of business is a very attractive trait in a company, and I am looking forward to continuing to enhance Homepoint's great reputation within the mortgage industry." Weng comes to Homepoint after serving as SVP, Deputy General Counsel and Corporate Secretary at New York-based Voya Financial, Inc., a Fortune 500 company that provides retirement and asset-management solutions. ere, she oversaw the company's Board and Committee operations and advised the company's Board of Directors on corporate governance practices and trends, headed the company's government relations function, and led the company's privacy, procurement, and intellectual property team. Prior to Voya, Weng had a 12-year career at Davis Polk & Wardwell LLP in New York, where she advised companies and underwriters on capital raising transactions within the firm's Capital Markets Group. "I am thrilled to be joining such a dynamic company with an incredibly strong growth trajectory and a philosophy of 'we care' for all stakeholders. I look forward to contributing to Homepoint's continued progression as a public company that keeps its associates, partners, customers, and shareholders at the forefront of every strategic decision it makes." "It is easy to see the bright future that lies ahead for Homepoint, given its outstanding leadership team and commitment to doing the right thing." —Jeff Forlines, Chief Risk Officer, Homepoint S E R V I C E P R O V I D E R S ALI HARALSON Auction.com announced that Ali Haralson has been promoted to President, a new position in the company that will oversee both sales and operations. Haralson, who has served as the company's Chief Business Development Officer since 2017, will continue to report to CEO Jason Allnutt. "Over the last four years, Ali has successfully partnered with our clients to develop creative disposition solutions, expand our product offerings, innovate new technologies, and help build the vision of Auction.com's rapidly growing marketplace," Allnutt said. "I'm thrilled to have her step into this new role, which will set the stage for efficient growth and excellence at Auction.com even as distressed disposition volumes are expected to rise in the coming months and years." In her four years at Auction.com, the company lauded Haralson for "spearhead[ing] the launch of innovative disposition solutions that reduce friction in the distressed property marketplace and ultimately produce better outcomes for mortgage servicers, distressed homeowners, distressed property buyers, and surrounding communities." Products launched under Haralson's leadership include Portfolio Interact™, Bid Interact™, and Offer Interact™. "At Auction.com, we are focused on products and solutions that more efficiently get to sold," Haralson said. "is focus results in a truly transparent marketplace that is beneficial for all parties involved in a distressed disposition. A transparent marketplace ensures the highest and best offer—protecting both the servicer's interest and the homeowner's equity. A transparent marketplace also rewards buyers who are best at responsibly rehabbing distressed homes and returning them to the retail market—which in turn improves homeownership rates and home values in the surrounding community." Haralson has more than 20 years' experience in the servicing industry. Prior to joining Auction, Haralson was COO at Specialized Loan Servicing (SLS), a company that she co-founded in 2003. Under her leadership, SLS grew to employ 1,400 people and service a diverse mortgage portfolio of $50 billion. Movers & Shakers

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