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MortgagePoint ยป Your Trusted Source for Mortgage Banking and Servicing News 12 July 2024 M O V E R S & S H A K E R S Government FHFA ANNOUNCES STAFFING UPDATE The Federal Housing Finance Agency (FHFA) has announced that Antonio White has been named Director of the Office of Congressional Affairs and Com- munications (OCAC). OCAC is responsible for the FHFA's public and media relations strategy, stakeholder relations, internal communi- cations, and content management over- sight of the FHFA public website, which provides a wide range of information to external stakeholders. OCAC is also responsible for working with members of Congress to respond to inquiries and provide information on the programs and operations of FHFA and its regulat- ed entities. OCAC analyzes legislation, tracks statutory changes, and prepares FHFA officials to testify before Congress. "Antonio brings an immense depth of experience in communications, corpo- rate and civic outreach, and stakeholder engagement that will be a valuable asset to the FHFA leadership team," FHFA Director Sandra L. Thompson said. "His strategic guidance will be essential as we continue to promote equitable access to affordable and sustainable housing in a safe and sound manner." White's public affairs experience spans two presidential administrations, philanthropy, and the financial services sector. He served in senior advisory roles at the U.S. Department of the Treasury during both the Obama and Biden administrations, including most recently as Treasury's Deputy Assistant Secretary for Community Engagement, where he advised Secretary Yellen and her senior staff on stakeholder communications and directed Treasury's external affairs strategy during the pandemic recovery. He also held senior communications and government affairs roles at the Gates Foundation and Bank of America, respectively. A native of Cleveland, Ohio, he earned a B.A. from Miami University, and an M.A. from Morgan State Uni- versity. He is a recipient of the Treasury Department's Distinguished Service Award and was recognized by Fortune on its "2022 Top 40 Under 40" list. Service Providers SERVICELINK BRINGS ABOARD NEW NATIONAL SALES EXEC ServiceLink has named Nate Johnson as its new VP, National Sales Executive, in its Origination Division, responsible for driving client growth strategy for origination products. Johnson brings decades of experi- ence within the industry to his new role and has been a catalyst in generating more than $1 billion in closings as a business leader. His experience ranges across sales, operations, capital markets, servicing, and technology in the mort- gage finance space. Johnson, who has a proven track record of creating and cultivating senior relationships to create solutions and grow revenue, comes to ServiceLink from Sutherland, an international fulfillment and digital transformation company, where he served as the Global Head of Mortgage. Prior to that, he served as an Executive SVP at Coforge, where he led the mortgage division and helped create digital transformation within five of the top 10 U.S. banks. He has also held leadership roles and served as an Movers & Shakers individual revenue contributor at WNS North America, Capgemini, Recovery Management International, along with roles at various other mortgage lending institutions. NYCB PRESIDENT/CEO NAMED EXECUTIVE CHAIRMAN New York Communi- ty Bancorp (NYCB), the parent company of Flagstar Bank, has announced that its Board of Directors appointed President and CEO Joseph M. Otting, to the additional role of Executive Chairman of the Board of both the company and the bank. Otting's appointment will better facilitate his ability, alongside the new senior executive leadership team, to continue to improve all aspects of the company's operations, and execute on its strategic initiatives. In conjunction with Otting's appoint- ment, Alessandro P. DiNello will step down from his role as Non-Executive Chairman of the company and the bank. He will continue to serve as a Board Director and a Senior Advisor to the CEO, where his banking knowledge will support Otting and the rest of the senior executive leadership team as they contin- ue to turn the bank around following the March 2024 capital raise. Otting has had a long, distinguished career in banking, including having served as CEO of OneWest Bank from 2010-2015, as the 31st Comptroller of the Currency (OCC) from 2017-2020, and as Acting Director of the Federal Housing Finance Agency (FHFA) in 2018. He was named President and CEO of the compa- ny on April 1, 2024. Flagstar Bank operates 419 branches, including strong footholds in the North- east and Midwest and exposure to high- growth markets in the Southeast and West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mort- gage originators. In addition, the bank has approximately 100 private banking teams located in more than 10 cities in