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DS News November 2021

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

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29 Modica Vasek was attracted to WFG because of the company's unique operational principles. "I felt very passionate about aligning with a company that has the same core values that I have," she said. "As a leader, making sure that the employees are taken care of comes first for me. Also, being associated with a national underwriter is an absolute must in the industry's climate today, and I am proud to be a part of WFG's expansion in my home state," Modica Vasek concluded. Modica Vasek began in title on the sales side in 2002, later having roles as Division Sales Manager in Austin and Houston for First American Title and Old Republic Title. Most recently, she served as VP, Chief Operations Manager and VP, Houston Residential Manager for Old Republic Title in Houston, Texas. "You can't go wrong with real estate in Texas," she said. "It's just such a vibrant, ever- changing market, which keeps it incredibly interesting. For me, Texas is home and where I want to make a difference in the title industry." MORTGAGE CONNECT PROMOTES MEGHAN JONES-ROLLA TO COO, SERVICING AND CAPITAL MARKETS Mortgage Connect LP, a national mortgage service provider for the nation's largest financial institutions, investors, servicers, and GSEs, announced it has promoted Meghan Jones-Rolla to the role of COO, Servicing and Capital Markets, leading the company's default title, document solutions, and capital markets divisions. During her 10 years in the industry, Jones-Rolla has gained extensive knowledge and experience in multiple areas of the business. As General Counsel and SVP for the Company since 2019, she has established best practices within the Legal and Compliance teams, ensuring strict adherence to all regulatory compliance and licensing requirements. Prior to joining Mortgage Connect, she served as corporate counsel for another national financial services provider, where she was the primary legal advisor for default title and closing services, foreclosure title and auctions, posting and publication, asset management, and default technology support services. "We are excited to have the internal expertise that Meghan possesses to lead these divisions," stated Jeff Coury, Mortgage Connect CEO. "Her unique combination of legal, compliance, and business acumen will be instrumental in overseeing growth in our servicing and capital markets divisions." In her new role, Jones-Rolla, working closely with Brian Frye, President, Servicing & Capital Markets, will be responsible for growth and product development of the servicing and capital markets channels, operational execution, strategy, and client relations. She will be leading these divisions with a focus on delivery of scalable solutions that boost efficiencies, mitigate risk, drive operational excellence, and ensure seamless execution through the company's intuitive servicing management platform. Jones-Rolla served as national counsel to a default services company while a partner in private practice and has extensive experience in regulatory compliance and licensing law in all 50 states, with a focus on Consumer Protection law, real estate, and FDCPA and FCRA compliance. MORTGAGE CONTRACTING SERVICES ANNOUNCES CRAIG TORRANCE FOR CEO ROLE Mortgage Contracting Services (MCS), a national provider of residential and commercial property services, has selected Craig Torrance to serve as CEO. Chad Mosley will continue as President of Residential Services. In his new role, Torrance will oversee the company's strategic initiatives, including growing and expanding services within the company's core default field services offering. He will also lead the company's expansion in residential and commercial facilities maintenance solutions. "We are thrilled to have Craig joining the team. We are confident in his vision and leadership and believe he brings the right skillset and experience to build upon the success MCS has achieved thus far," MCS Board of Directors Chairwoman Caroline Reaves said. "I also want to thank MCS President Chad Mosley for his leadership over the last several months," Reaves said. "Chad continues to do an exceptional job leading our property preservation business and ensuring industry-best client service. We are incredibly fortunate to have him continuing in his role as President." Prior to joining MCS, Torrance served as SVP at Brightview, one of the nation's leading exterior maintenance companies. In this capacity, Torrance led Brightview Enterprise Solutions, the company's business unit providing national commercial property maintenance services to large-portfolio accounts across multiple commercial segments. "I am excited about this new opportunity and the chance to lead such a tremendous team at MCS," Torrance said. "Caroline and Chad have done a great job of positioning MCS as an exceptional provider of property preservation services as well as creating an exciting opportunity for expansion into new commercial property services. I believe the future is very bright at MCS." SHARESTATES APPOINTS RAYMAN MATHODA TO BOARD OF DIRECTORS Sharestates, a real estate technology platform designed to support and accelerate the redevelopment of residential housing, adds veteran executive and fintech leader Rayman Mathoda to its board of directors, effective immediately. Ms. Mathoda has served as CEO of five companies and led multiple M&A transactions with Fortune 500 buyers Movers & Shakers

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