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DS News December 2021

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

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30 L E N D E R S / S E R V I C E R S FLAGSTAR BANK NAMES CAMPBELL HEAD OF SERVICING Flagstar Bank has named James Campbell EVP and Head of Servicing for Flagstar's residential mortgage business. He brings to Flagstar over 30 years' experience in the financial services industry with a focus on the customer experience, employee development, process improvement, automation, and change management. Campbell most recently was head of servicing and post-closing at Caliber Home Loans, Inc. He has a track record of working with his origination partners in all four lending channels—retail, wholesale, correspondent, and direct-to-consumer—to deliver an outstanding customer experience. Other industry experience includes serving as director and head of asset management for the residential mortgage-backed securities group at Deutsche Bank and as a director at Credit Suisse, where he had oversight of the residential mortgage-backed securities servicing portfolios. "We're fortunate to have someone of James' experience and quality to head our servicing business," said Lee Smith, President of Mortgage at Flagstar. "Servicing is an important and growing business at Flagstar— it's also a business where the customer experience is paramount. We're delighted to put our best-in-class servicing platform under James' leadership and look for more good things to happen for Flagstar and our servicing customers." REGIONS BANK HIRES TODD JARMAN AS VP Regions Bank announced Todd Jarman has joined its Income Property Finance group as SVP overseeing production offices in Atlanta, Birmingham, Charlotte, Chicago, and Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. Effective November 1, the Federal Housing Finance Agency (FHFA) has announced that Acting COO Katrina Jones has been named the permanent COO of the agency. Jones, who has been the acting COO since August, brings 35 years of federal experience to the table and has been with the FHFA since 2008 serving as a Contract Officer and Associate Director for Agency Operations. "Katrina has ably demonstrated the leadership and business acumen to successfully oversee the Agency's support operations," FHFA Acting Director Sandra L. ompson commented. According to the press release, Jones has years of experience managing the FHFA's operations in various positions including building operations, physical and personnel security programs, emergency and disaster readiness, space utilization management, mail operations, logistics, contract management, and conference planning. Also, Charles Yi has been hired by the FHFA its Senior Advisor for Legal Affairs and Policy. In addition to providing counsel to the Acting Director, he will provide "expertise, guidance, and coordination in recommending actions to ensure the agency's goals and obligations are met." "Charles is an accomplished and knowledgeable legal professional, and I look forward to working with him to advance FHFA's important mission," ompson said. "His expertise with legal issues related to finance and housing will support the Agency's capacity to ensure the Agency's regulated entities serve as the backbone of a fair, equitable, and sustainable housing finance system." With nearly 20 years of legal experience in the public and private sectors, Yi most recently worked at Arnold & Porter Kaye Scholer LLP as a Partner and served as General Counsel at the Federal Deposit Insurance Corporation from 2015-2019. A former officer in the U.S. Army, he has "provided counsel to lawmakers on the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services, most notably for the Dodd–Frank Wall Street Reform and Consumer Protection Act and the Housing and Economic Recovery Act." Yi was also Deputy Assistant Secretary for Banking and Finance at the U.S. Treasury Department where he assisted in the implementation of provisions under the Dodd- Frank Act. 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 FHFA Announces Jones as COO, Yi as Senior Advisor

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