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MortgagePoint May 2024

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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 20 May 2024 M O V E R S & S H A K E R S enables its lender partners to incorporate their product offerings into their existing Loan Origination System (LOS), making it easy to communicate with the Arrive Home team and provide borrowers with a positive experience. "Arrive Home is changing the land- scape for homeowners seeking down payment assistance and other alternative financing solutions," Arrive Home CEO Matt Pettit said. "The latest expansion of our team signals the traction we are making in the market, and we are excited to get to work and help more consumers achieve their homeownership dreams." NEIGHBORWORKS AMERICA ADDS NEW BOARD MEMBER NeighborWorks America has announced that Tanya Otsuka has joined its Board of Directors, succeed- ing Rodney Hood of the National Credit Union Administra- tion (NCUA). Otsuka is a member of the NCUA Board, which she joined in January 2024. Before joining the NCUA Board, she served as Senior Counsel for the majority staff of the U.S. Senate Banking, Housing, and Urban Affairs Committee under Chairman Sherrod Brown, where she managed the Committee's work on banking and credit union issues. In 2019, Otsuka served on the Committee staff through the Government Affairs Institute at Georgetown University's Capitol Hill Fellowship Program, on detail from the Federal Deposit Insurance Corpora- tion (FDIC). Prior to her time with the Banking, Housing, and Urban Affairs Committee, Otsuka was a Staff Attorney and Counsel at the FDIC where she specialized in banking issues. "I am honored to serve on the Neigh- borWorks Board and represent the NCUA in this important capacity," Otsuka said. "Safe and affordable housing is the foun- dation of a just economy, but it is increas- ingly out of reach for too many families. I look forward to working with Neighbor- Works to build strong communities and help make housing more accessible." In her new role, Otsuka will provide strategic vision to help NeighborWorks serve individuals and families through comprehensive approaches to affordable housing and community development; and help fulfill the organization's mission to create opportunities for people to live in affordable homes, improve their lives and strengthen their communities. "With her deep knowledge of credit and banking issues, Tanya is an invalu- able asset to NeighborWorks America," NeighborWorks President and CEO Mar- ietta Rodriguez said. "Her leadership will enable us to continue our work helping all Americans have an equitable path to financial security." POLLY APPOINTS NEW COO Polly, a provider of mortgage capital markets technology, has appointed Troy Coggiola as its new Chief Operating Officer (COO). As COO, Coggiola will lead Polly's product, implementation, support, and design teams, ensuring seamless cross-organiza- tion collaboration as the company continues to scale. Coggiola brings more than 25 years of mortgage technology and enterprise software experience to this role, having most recently served as Chief Product Of- ficer for government tech provider Accela. Much of his career has focused on sup- porting businesses whose software enables the modernization of entire industries. Prior to Accela, Coggiola spent 12 years leading product and technology initiatives at ICE Mortgage Technology (then Ellie Mae Inc.), rounding out his time there as SVP of Product Management. Coggiola spearheaded the company's evolution from an on-premises solution to a SaaS (software as a service) provider, enhancing and digitizing capabilities, as well as inte- grating newly acquired companies to grow its product set. "Mortgage capital market operations are ripe for innovation. For years, we've seen products and organizations serve "Mortgage capital market operations are ripe for innovation. For years, we've seen products and organizations serve this space from opposite ends of the spectrum." —Troy Coggiola, Chief Operating Officer, Polly

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