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DS News September 2022

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

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28 marketing and product development initiatives in the default servicing industry for 16 years and will lead the company's product marketing efforts to generate awareness, sales leads, and revenue generation. Gabriel Varga has been named SVP of Product for OrangeGrid and has two decades of experience leading business process innovation efforts for many financial organizations, including Mr. Cooper and Ocwen Financial. Connie Baringer is OrangeGrid's new Director of Talent and Culture and has spent many years performing human resources functions for companies within the mortgage servicing space. K. Sean Walker has also been added as new Graphic Designer/Marketing Assistant to lead OrangeGrid's digital and print layout and design projects and will conduct market research as well. "All of our new employees bring many years of experience in the technology and mortgage servicing field," said Todd Mobraten, OrangeGrid's CEO and Founder. "ese talented additions to our team will further enable OrangeGrid to provide sophisticated software to mortgage servicers that better enable these organizations to manage the way they do business." PLANOMATIC NAMES TONI STATHOPOULOS VP OF ENGINEERING PlanOmatic, a provider of quality photography, floor plans, and 3D to the single-family rental (SFR) industry, has added Toni Stathopoulos as VP of Engineering. In her new role, Stathopoulos will report to PlanOmatic's CTO, Arie Covrigaru. "We are thrilled to welcome Toni, a seasoned engineering leader, to the PlanOmatic team," said Kori Covrigaru, Founder and CEO of PlanOmatic. "Toni will play a pivotal role in the continued growth of PlanOmatic as we look to expand our technology services to meet our SFR clients' needs." As VP of Engineering, Stathopoulos will manage and develop PlanOmatic's technology team and help execute the company's vision. She will collaborate closely with PlanOmatic's product and business leaders to guide high- stakes decisions pertaining to the company's technology. Prior to joining PlanOmatic, she was a Senior Director of Software Engineering at LogRhythm and has more than 14 years of experience in creating and scaling engineering organizations with a focus on business value through technology, people, operations, and strong product partnerships. "We are bullish on the SFR industry and anticipate continued economic revenue growth for the sector for the remainder of the year," Corvrigaru added. "With the addition of Toni and our other amazing recent hires, PlanOmatic continues to expand and further position itself as the leading provider of quality photography, floor plans, and 3D to the SFR industry." LAUREN CIPICCHIO JOINS PRETIUM TO LEAD CENTRAL QUANTITATIVE STRATEGIES Pretium has announced the addition of Lauren Cipicchio as Senior Managing Director, and Head of Central Quantitative Strategies. She will lead the teams focused on designing, developing, and enhancing the analytics and models used to make investment and operating decisions to advance Pretium's investment strategies. In addition, Cipicchio will serve as a member of the firm's Executive Committee. Cipicchio brings more than a decade of experience in portfolio construction and investment analytics, enabling, and enhancing alpha-generating ideas and strategic asset investments. She joins Pretium from CPP Investments, where she most recently served on e Global Leadership Team as Managing Director, Head of Data and Advanced Analytics. Before that, she spent 10 years at Bridgewater Associates, where she was most recently Head of Investment Engineering. "Lauren has a proven track record of driving efficiency for investment funds through massive analytical ecosystem shifts, and I am confident that she will make significant contributions to Pretium and our asset investment strategy," said Don Mullen, Founder and CEO of Pretium. "In this new era of technological innovation, the addition of unique and advanced modeling platforms will serve as a competitive differentiator for Pretium and drive value across our ecosystem." Cipicchio co-founded Bridgewater's Women's Network and served as a founding member of the firm's Diversity Council. "Joining the Pretium team and adding to its unparalleled level of expertise at a time of tremendous growth is an incredible opportunity," Cipicchio said. "I look forward to contributing to the efforts already underway to expand and enhance the firm's investment offerings." PLANET RENOVATION CAPITAL HIRES LARRY BRAND Planet Renovation Capital (PRC), a division of the Planet Family of Companies and provider of commercial financing to real estate flippers and investors, has hired Larry Brand as Regional Sales Manager. Brand will focus on recruiting account executives to support the company's expansion into third-party originations (TPO). With more than 30 years in the mortgage industry, Brand has accumulated expertise in product development, process efficiency improvement, and capital markets. "PRC has the financial strength to continue funding and to seize volume at a time when others are repricing, tightening guidelines, and pulling back in response to market volatility," said Planet Financial Group CEO and President Michael Dubeck said. "Larry's extensive experience building mortgage channels will enable PRC to scale up its volume in Residential Transition Loans (fix-and-flip), Debt Service Coverage Ratio (DSCR), ground-up construction, and other loan products serving real estate investors, including home flippers and landlords." Before joining Planet Renovation Capital, Brand held varied roles across the mortgage industry, serving as an SVP of Sales, Director of Retail Production, as well as a former home loan business owner. "I joined PRC because it has the capital markets expertise to efficiently securitize business purpose loans, the servicing expertise to deliver an outstanding customer experience, and the financing to grow in a challenging market," Brand said. "What gets me up in the morning is helping people and businesses succeed, and that's what PRC enables me to do." Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com.

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