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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 16 July 2024 M O V E R S & S H A K E R S "I am honored to take on this new role and grateful for the opportunity to continue contributing to NFM Lending's growth and success," Waddy said. "I look forward to working with our exception- al team to navigate the challenges and opportunities ahead." Service Providers OPTIMAL BLUE ADDS NEW CEO Optimal Blue has named Joe Tyrrell as its new CEO, succeeding Interim CEO Scott Smith of Optimal Blue's parent company, Constellation Software Inc. Tyrrell brings more than 25 years of experience in the mortgage, finance, and technology industries to Optimal Blue. This includes serving as President of ICE Mortgage Technology, as well as in various leadership roles at Ellie Mae, including Chief Operating Officer, prior to its acqui- sition in 2020. Most recently, Tyrrell served as the CEO of Medallia, a customer and employee experience company. "I have always been attracted to com- panies that make their clients' success their top priority, and that is especially true with Optimal Blue, the clear market leader in secondary marketing technol- ogy," Tyrrell said. "For the past year-and- a-half, I have been delivering innovation and real generative AI capabilities to the largest and most trusted consumer, health care, hospitality, financial services, and technology brands in the world, and I am excited to now bring those capa- bilities to Optimal Blue's lenders and partners in an industry that I love." Smith will continue his role within Constellation Software, where he serves as President of Andromeda, the portfo- lio in which Optimal Blue operates. In addition to overseeing the CEO transi- tion, Smith will continue supporting the success of the Optimal Blue business through his position. "It was a priority to identify the right leader to support our investment in Op- timal Blue and the long-term success of the business," Smith said. "We've found that and more with Joe Tyrrell, who is passionate about client relationships and innovation—two tenets that have been core to Optimal Blue's culture through- out its decades as a market leader. Joe's extensive experience in this industry af- fords him a fundamental understanding of the needs and challenges lenders face and ways innovative technology and re- al-time data can solve them. Along with the other leaders within the Andromeda portfolio of Constellation Software, I look forward to continuing to support the success of Optimal Blue under Joe's leadership." MMI APPOINTS NEW CFO Mobility Market Intelligence (MMI), a provider of data intelligence and market insight tools for the mortgage and real estate industries, has named Ron Ross as its new CFO. "Ron was our first choice when thinking about who would be the best fit as CFO. With MMI's rapid growth comes a specific set of challenges that Ron's unique experience and natural strategic ability can help us solve," MMI Founder and CEO Ben Teerlink said. "We look forward to leveraging his expertise to streamline our internal systems and pro- cesses and his contributions to enhance the innovative ways we serve both enter- prise and individual MMI users." Ross recently held the positions of President and COO at Everee Inc., a full-service payroll company that he founded. There, he built and led multi- ple teams, including payment operations, tax operations, customer success and support. While managing these depart- ments, he also oversaw the product, engineering, finance, and accounting teams, with a focus on expanding the company's innovative product offering and managing its growth. "Throughout my career, I've stra- tegically selected organizations that I believe align with macro trends. Given the Federal Reserve's forecast for lower rates and pent up demand in the housing market, the power of MMI's product is undeniable," Ross said. "I'm proud to have a hand in bringing the benefits of big data analytics and customer relation- ship management tools to the mortgage industry. MMI has built an impressive track record, and I'm looking forward to contributing to its success." Prior to founding Everee, Ross served in C-level positions for several com- panies, including Teem Technologies, Ecoscraps, and SkullCandy. XACTUS WELCOMES FORMER SAGENT CFO Xactus has an- nounced that Joseph Peterson has been named CFO, overseeing the company's financial operations, including managing the strategic direction of Xactus' accounting and finance functions, developing policies, procedures, and financial controls, overseeing financial systems, ensuring the accuracy of internal and external reporting, identifying investment opportunities, securing funding, and managing risk. "We are excited to have Joe join our leadership team. His proven track record and strong strategic financial acumen will help guide our company as we continue to advance the modern mort- gage. Joe's contributions will be crucial to successfully executing our financial plan as we reach new heights of growth and innovation," said Shelley Leonard, President of Xactus. Peterson brings more than 30 years of financial experience to his position. He most recently served as EVP and CFO at Sagent Lending Technologies, one of the most important technology platforms in the mortgage industry. At Sagent, he helped the company achieve 40%-plus revenue growth and was integrally involved in launching a new mortgage servicing platform. Peterson was previously EVP and CFO for National Response Corporation where he led global finance, human resources,