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27 He assumed his new role as Deputy Director for DBR on August 15, 2022. Previously, he served as the Examiner-in-Charge of the Office of Freddie Mac Examinations, as well as the Boston and Cincinnati FHLBanks. Stallings started his supervisory career with the Office of rift Supervision and received a bachelor's degree in business administration with a focus in economics from the University of Georgia. Dickerson served as FHFA's first Deputy Director of DER upon its founding in 2008. Since then, he has held numerous leadership positions throughout his tenure at FHFA, including Examiner-in-Charge of Freddie Mac and Special Supervision Advisor in DER. Prior to FHFA, Dickerson spent 11 years at OFHEO serving as Director of Supervision and as Chief Compliance Examiner. FANNIE MAE APPOINTS CISSY YANG HEAD OF AUDITS Fannie Mae has appointed Cissy Yang as SVP and Chief Audit Executive, responsible for leading the company's audit strategy, including internal controls, operational processes, and key risks assessments. In her new role, Yang will also serve as a member of Fannie Mae's Management Committee, reporting to the Board of Directors, as well as the President and Interim CEO. Yang will replace J. Douglas Watt, Fannie Mae's current SVP and Chief Audit Executive, who is set to retire in November of 2022. "We're pleased to welcome an executive with Cissy's impressive background and breadth of experience to Fannie Mae's leadership team," said David C. Benson, Fannie Mae President and Interim CEO. "Her contributions will be essential to maintaining Fannie Mae's strong culture of corporate governance and rigorous internal controls. I also want to thank Doug for his leadership and contributions to ensure we have a high-performing Internal Audit function that executes on Fannie Mae's mission with a focus on safety and soundness." With 25 years of experience spanning both internal and external audit across the financial services sector, Yang has led multidisciplinary teams and developed effective internal control and audit frameworks across large financial institutions. Yang most recently served as Head of Audit for Investment Banking Fixed Income, U.S. Legal Entities, and Americas Compliance at Credit Suisse, where she held various senior roles. Prior to her time at Credit Suisse, Yang worked for PricewaterhouseCoopers and Arthur Andersen. "I'm thrilled to be leading a critical component of Fannie Mae's business strategy and joining such a mission-driven organization," Yang said. "I look forward to partnering with my colleagues across the enterprise and working with the Board of Directors and management to drive Fannie Mae's ongoing audit and key risks assessment strategy in support of a safer and more effective housing finance system." S E R V I C E P R O V I D E R S ANG SHEN JOINS CENLAR TO LEAD RISK MANAGEMENT Mortgage loan subservicer and federally chartered wholesale bank Cenlar FSB has announced that Ang Shen has joined the company as VP of Model Risk Management. Ang will lead the company's Model Risk Management (MRM) function, supporting Cenlar's Enterprise Risk Management— responsible for managing a team who will perform independent governance and validation of all models used across the organization, in compliance with related regulatory guidance and requirements. "Ang has an extensive background in developing risk models for various banks and financial institutions and will serve as a valuable part of the team," said Sara Avery, Chief Risk Officer for Cenlar. "His role is a critical part of Cenlar's continuous refinement of our rigorous risk management strategy." Prior to joining Cenlar, Ang spent nearly 12 years at KPMG LLP's advisory practice, where he was most recently an Advisory Director in the Modeling & Valuation Group. During his tenure at KPMG, he led numerous model-related engagements at a wide spectrum of financial institutions. As the engagement director and primary point of contact, he successfully delivered a large volume of complex model validations for some of the firm's largest model risk clients. Before KPMG, Ang worked on mortgage valuation for the Federal Home Loan Bank of Atlanta. "As an independent validator who provides effective challenge to model owners, I am a firm believer of transparent communication and close collaboration," Ang said. "My goal is to partner with the business units to build robust model risk management practice in assisting the company's business decisions." ORANGEGRID HIRES AND PROMOTES TO MEET DEMAND FOR SERVICING TECH OrangeGrid, a provider of mortgage servicing software, has hired and promoted several new members to its team to support the rising demand for automated mortgage servicing software that maximizes profitability by simplifying the way servicers manage their workflows across legacy systems and reporting tools. Denis Brosnan is OrangeGrid's new President, who has spent decades leading a variety of fintech companies with a focus on the mortgage servicing industry. Brosnan first joined the company in 2021 and served as both Chief Product Officer and Corporate Development Officer, until his recent promotion to President. JC Espino has been named OrangeGrid's Director of Customer Solutions Design, responsible for the definition, design, and use-case development of the OrangeGrid product. Previously, he worked at a variety of technology and financial organizations, including JP Morgan Chase Bank and HSBC Consumer Lending. Rob Pajon has been named SVP of Marketing and Product. He has driven executive Movers & Shakers