DS News

23 SENATE CONFIRMS ALANNA MCCARGO AS GINNIE MAE HEAD e U.S. Senate has approved the confirmation of Senior Advisor for Housing Finance at the U.S. Department of Housing and Urban Development (HUD) Alanna McCargo as President of Ginnie Mae. Prior to joining the Biden administration, McCargo served as VP for the Housing Finance Policy Center at the Urban Institute. She also has 10 years of experience at Fannie Mae. McCargo replaces Michael R. Drayne, Acting EVP/Office of the President in her new role overseeing the wholly owned government corporation and principal financing arm for government mortgage loans. "Since the beginning of my tenure as HUD Secretary, Alanna McCargo has served as a senior advisor to me, providing invaluable counsel on housing finance and the Administration's efforts to create a more equitable housing market for all," HUD Secretary Marcia L. Fudge said. "As she leaves this role to take to the helm as President of Ginnie Mae, I know the great work she began will only expand, and I am incredibly happy that she will remain on my leadership team. I am grateful for the Senate's swift and unanimous confirmation of Alanna and look forward to her continued service." McCargo fills a void in Ginne Mae's permanent leadership which has lapsed approximately four years when Ted Tozer held the position. "I have had the privilege of working with Alanna McCargo for more than a decade," said Ed Delgado, Managing Director, MPA; Chairman, Five Star Global—parent company of DS News. "She is an insightful and dynamic leader who is a guardian for homeownership and our nation's housing system." McCargo joined the Biden-Harris administration after serving as VP of the Housing Finance Policy Center at the Urban Institute, where she developed a body of work focused on reducing racial homeownership gaps, increasing housing affordability, and reducing barriers to accessing homeownership opportunities. She was officially nominated for the role of Ginnie Mae President in mid- September by President Biden. Before joining the Urban Institute, McCargo was head of CoreLogic Government Solutions, working with federal and state government agencies, regulators, think-tanks, and academia to deliver custom data and technology solutions to support housing and consumer research. She has held leadership roles with JP Morgan Chase and Fannie Mae, managing borrower solutions, servicing portfolio initiatives, and mortgage transformation and alignment efforts. From 2008-2011, she led the team supporting the U.S. Treasury on housing recovery programs, including Making Home Affordable and Hardest Hit Funds during the Great Recession, and has a B.A. in communications from the University of Houston, and an MBA from the University of Maryland, and holds a certificate in Non-Profit Policy Leadership from Georgetown. "Ginnie Mae is a critically important agency in our housing finance system, and Alanna has a deep understanding of the agency and a demonstrated track record of working with industry, government, and housing advocates on key housing policy issues," President and CEO of the Mortgage Bankers Association (MBA) Robert D. Broeksmit said. SERVICERS DAN GRANIERI TO LEAD TECH EFFORTS AT PLANET HOME LENDING Planet Home Lending LLC has hired Dan Granieri as Chief Technology Officer, where he will be responsible for creating proactive technology that meets customers' needs and will position the company for long-term growth. Prior to joining Planet, Granieri led IT for Summit Lending, and previously, he had leadership positions at two top 50 insurance brokers, EPIC Insurance and Relation Insurance. He also spent time at a Fortune 500 healthcare service provider, Quest Diagnostics. "We continuously implement technology to support Planet's synergistic, multichannel business model," Planet Financial Group CEO and President Michael Dubeck said. "During his two decades in the industry, Dan has achieved impressive results, and we are delighted to have him on the Planet team. With Dan driving innovation, our IT will empower employees and deliver best-in-class borrower and client experiences." Granieri's recent accomplishments include building a mortgage technology platform that lets MLOs take customers from lead to disclosing in 30 minutes. "I view IT as a service organization staffed by technology experts," Granieri said. "When you put people first and care about them, the right results always follow." Planet Financial Group LLC, parent of Planet Home Lending and Planet Management Group LLC, recently reported steady growth in Q3 across its servicing, correspondent, and private-client channels, as its servicing portfolio ended Q3 at $45 billion, up 36% from $33 billion at year-end 2020. FIDELITY NATIONAL FINANCIAL NAMES NEW SVP Fidelity National Financial (FNF), a provider of title insurance and transaction services to the real estate and mortgage industries and also a provider of annuity and life insurance products through the Company's wholly owned subsidiary, F&G, announced the appointment of Lisa Foxworthy-Parker as SVP of Investor & External Relations. In her new role, Foxworthy-Parker will work closely with the FNF executive team on articulating performance and key strategies of FNF's title and life and annuity businesses to constituents, such as sell-side analysts, equity and debt investors, rating agencies, and regulators. "Educating constituents and investors on the unique strengths, current direction, and financial performance of FNF, as well as the immense opportunities in front of our companies is key to our short- and long-term value proposition to the investor community," said Mike Nolan, President Fidelity National Financial. "Lisa is a seasoned executive in the insurance industry and was most recently SVP of Financial Planning & Analysis at F&G. Her experience with F&G Movers & Shakers

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