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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 22 August 2023 M O V E R S & S H A K E R S commercial title experience to Kriss Law/ Atlantic Closing & Escrow. He was most recently VP–Senior Sales Executive with a top national title underwriter, and previously served in a growth-focused role with another leading national title insurer. Over the course of his career, he has worked closely with a number of leading commercial and consumer brands, including six Fortune 500 businesses. "Steve's extensive experience building and maintaining strong relationships with major law firms, developers, lenders and REITs makes him an ideal fit for our team," said Len Franco, President of the Commer- cial Services Division for Kriss Law/Atlantic Closing & Escrow. "Our national clients have long expected from us not only world-class support, but a depth of knowledge, experi- ence and expertise. Steve has demonstrated those elements at the highest of levels, and we look forward to having him aboard." CBC MORTGAGE AGENCY HIRES MARK LESLIE AS CAPITAL MARKETS DIRECTOR CBC Mortgage Agency (CBCMA) has hired Mark Leslie as its new Director of Capital Markets. Leslie has spent more than two decades as a mortgage trader, including senior trading positions at Stearns Lending, Guaranteed Rate and Caliber Home Loans. "Mark's depth of experience as a mort- gage trader at major lending institutions is a huge asset for us as we navigate the capital markets," CBC Mortgage Agency President Miki Adams said. "His strong risk manage- ment, hedging and agency MBS background were exactly what we were seeking to help us implement the next phase of CBC's growth strategy." Leslie began his career as a Junior Mort- gage Trader in 2001. He served as Trading VP at several prominent mortgage banking firms, including Stearns Lending, where he helped the company transfer trading operations from California to Texas, and Caliber Home Loans, where he was the main architect of the company's rate sheet pricing models. "During my 22 years as a mortgage trader, I've worked through several extreme mort- gage market cycles that taught me invaluable lessons that apply to today's high-rate envi- ronment," Leslie said. "I look forward to us- ing this experience to help CBC continue to provide down payment assistance programs that enable low- to moderate-income families across America to achieve homeownership." Attorneys TIMOTHY SAUNDERS NAMED ANGEL OAK'S GENERAL COUNSEL Angel Oak Companies has hired veteran corporate attorney Timothy Saunders to serve as Chief Legal Officer and General Counsel for Angel Oak and its affiliates, Angel Oak Capital Advisors and Angel Oak Mortgage Solutions. In his new role, Saunders will be responsible for managing all of the firm's affiliates' legal affairs and regulatory compliance measures, as well as overseeing both Angel Oak Capital and Angel Oak Mortgage Solutions' legal, risk, compliance, and regulatory teams. "Tim's legal acumen, strategic think- ing, and industry experience make him an invaluable addition to our executive team as General Counsel," said Sreeni Prabhu, Man- aging Partner and Co-CEO of Angel Oak. "He has consistently demonstrated expertise in anticipating challenges and managing risks. We are confident that he will use this skill set to navigate the legal and strategic aspects of our business, driving our firm toward further success." Saunders spent more than 20 years at Goldman Sachs, where he served as Managing Director and Associate General Counsel. In these roles, he oversaw legal and regulatory activity for the fintech, mortgages, commercial real estate, structured finance, and consumer finance business units. "I am excited to join Angel Oak's talented team and support the company's growth moving forward," Saunders said. "Given my background, I feel confident that I will make a significant impact for Angel Oak as we continue to execute across our asset manage- ment and mortgage origination businesses." Most recently, Saunders served as Gener- al Counsel and Chief Compliance Officer for Reverence Capital Partners. "Tim's exceptional legal experience will be instrumental in ensuring excellence in all regulatory and compliance affairs, which is critical to our success," said Mike Fierman, Managing Partner and Co-CEO of Angel Oak. "I have no doubt that Tim will make significant contributions that will support our growth." "Tim's legal acumen, strategic thinking, and industry experience make him an invaluable addition to our executive team as General Counsel." —Sreeni Prabhu, Managing Partner and Co-CEO, Angel Oak