DS News

MortgagePoint September 2023

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

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Page 20 of 99

September 2023 » thefivestar.com 19 September 2023 M O V E R S & S H A K E R S duction and enjoys coaching loan originators on how best to increase their closed loan vol- ume," the President of Mortgage Banking for Gateway, Steven Plaisance said. "He values relationships and thrives at building a team environment where everyone feels included and responsible for overall success." A Tulsa native and Oklahoma State Uni- versity graduate, Revard is a member of the Osage Nation, where he most recently served as the Board Chairman of the Osage Nation Gaming Enterprise Board. He has also served with The Oklahoma Mortgage Bankers As- sociation Board of Directors and the Bishop Kelley High School Board. Headquartered in Jenks, Oklahoma, Gateway First Bank provides banking and mortgage services to individuals and busi- nesses, and is one of the largest financial institutions in the state, with assets totaling more than $2 billion. Gateway Mortgage recently announced the opening of three new mortgage centers in the first six months of 2023, in Maryville, Tennes- see; Springdale, Arkansas; and Cape Gi- rardeau, Missouri. Gateway now boasts more than 115 mortgage centers across the United States and is currently licensed in 43 states. Service Providers STEVE PAWLOWSKI NAMED HEAD OF TECH SOLUTIONS AT MCT Mortgage Capital Trading (MCT) has appointed Steve Pawlowski as Managing Director, Head of Technology Solutions, responsible for expand- ing upon MCT's proven record of driving efficiency and liquidity in the secondary market and reporting directly to MCT's COO Phil Rasori. "Steve's technology leadership while at Fannie Mae heralded a new era of capital markets transparency to the lender," Rasori said. "MCT is building on that effort in numerous ways, including initiatives to bring back-end pricing closer to the front-end pricing that mortgage borrowers receive. We're proud Steve will be applying his vision and expertise to MCT Marketplace and other best-in-class software solutions." Pawlowski will provide leadership on all MCT technology development, bringing ex- tensive industry experience to MCT, including 30-plus years with Fannie Mae's Capital Markets and Single-Family Digital Products and Services organizations. Pawlowski and his team were instrumental in developing Fannie Mae's Servic- ing Marketplace and the original, first-of-their- kind pricing and commitment APIs. MCT Marketplace users include 30% of all correspondent sellers and more than 90% of active correspondent buyers, making it the largest whole loan exchange by number of participants in the U.S. market. In addition to whole loans, MCT's software solutions are leading venues for flow servicing, bulk MSR, and TBA transactions. "MCT was the fastest and most compre- hensive technology partner I worked with on API development while at Fannie Mae," Paw- lowski said. "I couldn't be more excited to apply my institutional expertise to this agile and committed technology development team." Earlier this year, MCT added BSI Fi- nancial Services as the latest investor to join BAMCO, MCT's marketplace for co-issue loan sales. BAMCO brings co-issue transac- tions directly into MCT's whole loan trading platform and improves price transparency by connecting unapproved sellers to live execu- tions from potential buyers. Justin Grant, Senior Director, Head of Investor Services at MCT, added, "Histori- cally, lenders have had far more whole loan Magazine INTRODUCING The Five Star Institute's premier trade publications, DS News and MReport, have joined forces to become MortgagePoint. This new publication brings you the same exclusive news, features, interviews, and commentary you've come to expect from Five Star—now taken to the next level and all in one place. MortgagePoint is your one-stop shop for coverage of the full spectrum of mort- gage, from originations to default. Scan the QR code to sign up and learn more. THE INDUSTRY'S MOST VALUED PUBLICATIONS JOINING FORCES

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