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MortgagePoint ยป Your Trusted Source for Mortgage Banking and Servicing News 12 October 2023 M O V E R S & S H A K E R S nel), including its innovative employer benefits program and its Lender Express offering, which provides a robust menu of mortgage products to credit unions and other financial institutions seeking to offer additional products to better serve their customers. "Through the execution of our Vision 2025 plan, we've done the hard work to ensure we can continue to address the impacts of the current market downturn and still invest in our platform," LDI Mortgage President Jeff Walsh said. "This includes driving growth through accre- tive acquisitions, referral relationships, and other strategic partnerships. Our scale, marketing prowess, industry-lead- ing tech stack, and strong cash reserves all position us well for the next chapter of our history, and Dan will play a critical role in driving our growth and success." loanDepot's Vision 2025 plan was established to address current and antic- ipated mortgage market conditions and position the company for sustainable long-term value creation. Building on the foundation of its balance sheet and liquidity, loanDepot intends to increase its focus on serving the purchase market, as well as less rate sensitive cash-out refinances, simplify its organizational structure with an emphasis on client service, quality, automation, and oper- ating leverage, continue to invest in its servicing business and innovative digital consumer lending solutions, and acceler- ate its ongoing rightsizing. Hanson joined loanDepot in 2011 and has served the company in a variety of leadership roles, including Executive Director of In-Market Production. He brings nearly 40 years of mortgage expe- rience and industry relationships to this new position. "Dan is an accomplished leader with a long history of nurturing strong indus- try relationships with builder partners, mortgage industry professionals, real es- tate firms, and even competitors," Walsh added. "He is the right leader for this role, and we look forward to his success." JULIE SIGNORILLE-BROWNE PROMOTED TO SENIOR EVP AND COO OF NYCB New York Communi- ty Bancorp Inc. (NYCB) has promoted Julie Signorille-Browne to the role of Senior EVP and COO. Signorille-Browne joined the company in 2021 as EVP and Chief Administrative Officer, and has more than three decades of experience in bank operations, process improvement, and M&A integration to the role. Prior to joining NYCB, Signo- rille-Browne was EVP and COO of the consumer bank at Citizens Financial Group, where she was responsible for consumer banking operations. "In the two years since Julie has been with the company, she has been a key part of the executive leadership team and been integral to our success," said Thomas R. Cangemi, President and CEO of NYCB. "She is a highly motivated and results driven individual, as well as a strong leader with a proven track record of success. I am confident that Julie will continue to be a positive force at the new Flagstar." In addition to her current duties, which mainly include managing all retail banking operations, corporate real estate management and shared services, commercial loan servicing operations, and the customer contact center, Signo- rille-Browne will also be responsible for information technology and human resources and will have oversight of both the Flagstar and Signature Bank conversions. NYCB is the parent company of Flagstar Bank, one of the largest regional banks in the country. Flagstar Bank cur- rently operates 436 branches, including strong footholds in the Northeast and Midwest and exposure to high growth markets in the Southeast and West Coast. Flagstar Mortgage operates nationally through a wholesale network of ap- proximately 3,000 third-party mortgage originators. In addition, Flagstar has 132 private banking teams located in more than 10 cities in the metropolitan New York City region and on the West Coast. Last October, NYCB and Flagstar Bancorp were approved by the Office of the Comptroller of the Currency (OCC) to convert Flagstar Bank FSB to a nation- al bank to be known as Flagstar Bank N.A., and to merge New York Community Bank into Flagstar Bank N.A. with Flag- star Bank N.A. being the surviving entity. THE MONEY STORE ADDS TO ITS C-SUITE WITH ADDITION OF JOHN PALMIOTTO The Money Store has named John Palmiotto, a seasoned industry leader, to the company's C-suite as Chief Production Officer. Palmiotto joins The Money Store with a distinguished career spanning 28 years, marked by outstanding leadership and accomplishments. His most recent role as the Chief of Retail Production at Guaranteed Rate showcased his ability to manage and inspire a salesforce of more than 2,000 sales professionals for more than six years. Prior to Guaranteed Rate, Palmiotto spent 11-plus years as Midstates Division- al President at Prospect Mortgage. He began his career in the mortgage profes- sion with CitiMortgage where he spent five years before moving to Opteum Financial Services where he spent four years, rising to the position of Northeast Regional VP. "I'm excited to be part of the Money Store and to help build upon the success of this storied franchise," Palmiotto said. "I believe many loan officers are looking for a different experience to succeed in this market and the Money Store pro- vides a great alternative for them. Excited to be part of the team." Palmiotto has consistently demon- strated his ability to lead teams and companies toward success, and his vision aligns with The Money Store's commit- ment to providing a unique and thriving environment for loan officers to excel in current market conditions. The Money Store is a direct mortgage