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DS News July 2021

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

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28 including serving as Cabinet Secretary from 2003-2005. "I am excited to recommence my work in support of such an innovative and progressive company," Montgomery said. "Radian stands out from its competition in many ways—in particular—with its commitment to deliver new and better mortgage and real estate solutions and help borrowers achieve their dream of sustainable homeownership. It is an honor to have a second opportunity to help them carry out their vision." In May, Montgomery, along with four colleagues, jointly launched Gate House Strategies LLC, a new advisory venture, where he serves as a Founding Partner. e new firm focuses on FHA/Ginnie Mae/ HUD and Fannie Mae/Freddie Mac policy and programmatic compliance and litigation support, including origination, servicing, claims and property disposition; strategic growth opportunities; technology; public housing; and disaster recovery. BIRCHWOOD PROMOTES LARRY AVERY TO SENIOR EVP Birchwood Credit Services, a national provider of mortgage credit reporting services is excited to announce the promotion of Larry Avery to Senior EVP. Avery has been with Birchwood for over 19 years. He started out as an Account Executive and moved up the ranks to Executive Vice President of Sales. Avery has continuously demonstrated his alignment to Birchwood's core values and his ability to ensure that Birchwood succeeds. During his time in sales, and while developing the sales team, Birchwood has grown to become one of the most reliable providers of credit related services in the nation. In his new position, Avery will be taking an active leadership role in all the different facets of the organization: operations, systems, finance, HR, compliance, sales, and marketing. Don Cooper, President of Birchwood said, "I have the utmost confidence in Larry's ability and look forward to his further success with Birchwood." He continued, "Larry will be instrumental in expanding our national footprint and increasing continuity across all departments within our organization." Avery said of his promotion, "Working for Birchwood has been the highlight of my career. From the beginning, I was drawn to their passion for delighting customers and the company's family-like culture. I will work diligently to make sure that passion and culture is preserved, and that we continue to bring value to our customers by providing outstanding service that helps them close more loans." FDCTECH APPOINTS JONATHAN BAUMGART AS INDEPENDENT DIRECTOR FDCTech, Inc. (FDC), a fintech company with a full suite of digital financial services solutions, announced the Board of Directors of the company increased the size of its Board from three to four directors and appointed Jonathan Baumgart, age 39, to the vacancy. Baumgart is independent under NYSE and NASDAQ listing standards. Accordingly, the company will compensate Baumgart for his services on the Board in cash and stock-based equity. e company has two non-executive directors—Warwick Kerridge, Chairman, and Jonathan Baumgart, Director. e two executive directors are Mitchell Eaglstein, Co-Founder, CEO, and Imran Firoz, Co-Founder, CFO. "I'm both thrilled and honored to be part of a team that is pioneering the future of online trading. FDCTech has an amazing suite of multi-asset trading technologies that investors and traders around the world in a short time will view as the industry standard," said Jonathan Baumgart, newly appointed Director of the company. Baumgart is the Founder of Atomiq Consulting and has been its CEO since May 2014. Atomiq specializes in the retail forex industry and the trading of other high- growth financial assets. In February 2015, Baumgart co-founded Money Matter, a boutique financial investments services firm based in Krakow, Poland. Between September 2010 and March 2014, Baumgart was the Director of Training at Boston Technologies, a technology, market maker, high-frequency trading, and inter-broker broker-dealer in the retail forex, precious metals, and other over-the-counter financial securities. In 2004, Baumgart completed his undergraduate degree in International Affairs & Economics from the Whittemore School of Business and Economics, University of New Hampshire, Durham. "I'm very excited to welcome Jonathan to the Board of Directors. As an early thought leader in the online trading space, Jonathan has developed deep insights and knowledge about the entire forex brokerage ecosystem, a rare skill set. Jonathan's illustrious career in online foreign exchange started in 2010 at a marque forex brokerage firm which led him to become Director of Business Development at a U.S.-based startup fintech that rapidly grew to become the Inc.500 within three years. e appointment of such renowned expert signals the strength of our company, to attract top-level industry talent and our ability to integrate existing and potential acquisitions of financial service companies," said Mitchell Eaglstein, Co-Founder and CEO of the company. ASSETMARK NAMES DAVID MCNATT EVP, HEAD OF INVESTMENT SOLUTIONS AssetMark announced it has named David McNatt, CFA, as EVP, Head of Investment Solutions. He was most recently SVP, Product Strategy and Management for AssetMark. With this promotion, McNatt joins the AssetMark Executive Team under CEO Natalie Wolfsen. McNatt has led Product Strategy and Management for the last six years, responsible for managing solutions across the development lifecycle, driving adoption and optimizing revenue. Previously, he held senior leadership roles at Russell Investments, Charles Schwab and Franklin Templeton. In his career, McNatt has developed and launched more than 45 products and services Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com.

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