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MortgagePoint ยป Your Trusted Source for Mortgage Banking and Servicing News 6 September 2024 M O V E R S & S H A K E R S "Incenter is fortunate to add Ralph to our team as our clients seek a new infusion of growth," said Bruno Pasceri, President of Incenter. "He is recognized for his insightful business analyses and innovations aimed at lifting the housing finance industry. This industry is at a watershed moment where the ability to offer nontraditional products like student, auto, or personal loans or to tap into demand for residential transition loans (RTLs) or second-lien products, can offer a long-term advantage. Ralph will help our clients enter new spaces while providing additional opportunities for the secondary and capital markets." Armenta brings 20 years of mortgage industry leadership experience to Incenter, most recently as SVP-Enterprise Sales at Computershare Loan Services, where he was recognized as a top salesperson two years in a row. Other previous positions include EVP and CRO for LoanFuel, and Managing Director for Compass Analyt- ics. A noted industry content contributor, he has been an Adjunct Professor for the past 20 years at New York's Empire State University teaching undergraduate and graduate-level courses in corporate finance, macroeconomics, and financial strategy. "When Incenter introduced me to its Lending-in-a-Box strategy, I immediately wanted to sign on," Armenta said. "Lend- ing-in-a-Box is the most revolutionary and impactful mortgage concept I have seen, and an example of Incenter's boundless creativity." The first "plug and play" Lending-in- a-Box offering is Student-Loan-in-a-Box from Incenter company CampusDoor, which enables lenders to offer private student loans and refi's without any capital investments, default or compliance risks, or operational costs. On the back end, CampusDoor's expert underwriters, technology professionals, and call center staff handle every aspect of loan process- ing from application to disbursement, and coordinate with servicing and investment partners. ANGEL OAK MORTGAGE SOLUTIONS APPOINTS NEW PREZ Angel Oak Mortgage Solutions LLC, a wholesale and correspondent non-qual- ified mortgage lender, has announced several key internal promotions designed to align the firm's top leadership to support its planned growth goals. Tom Hutchens, previously EVP of Production, will serve as President of Angel Oak Mortgage Solutions. Hutchens' role will be assumed by John Jeanmonod, formerly Angel Oak's Regional VP of Sales. Additionally, Alysse Prosnick and Travis LaLonde have been promoted to EVP of Operations and EVP of Credit, respectively. "These organi- zational changes are a testament to the in-house talent at Angel Oak and commitment of these four individuals in driving our broader success," said Mike Fierman, Managing Partner and Co-CEO of Angel Oak Compa- nies. "These moves not only recognize the well-deserved achievements and contribu- tions of these executives but also position us to thrive as we continue to expand our non-QM solutions and partner network." Hutchens, a dedicated team member of Angel Oak for more than10 years, has been an integral contributor to Angel Oak's ascent as one of the nation's leading non-QM lenders and wholesalers. As President, he will lead the overall strategy and growth for the lending entity. "It's an honor to step into this new role at the firm and play a bigger part in driving all facets of Angel Oak Mortgage Solutions," Hutchens said. "Over the past decade, I've had the pleasure of working with Angel Oak's talented team to further the firm's mission of pioneering innovative mortgage solutions for borrowers across the country. I'm excited to dive into this next phase alongside our new EVPs to continue to serve our clients with the skill and expertise that make us leaders in the industry." As EVP of Production, Jeanmonod will take on ownership of the firm's production team, spearheading new sales initiatives and broadening Angel Oak's broker and correspondent channel relationships. Jeanmonod joined Angel Oak in 2014 and has played an instrumental role in supporting the firm's growth. Prosnick has more than nine years of experience with Angel Oak. She will now oversee the continued improvement and strategic development of Angel Oak's operations, streamlining efficiencies, and scaling the firm's capabilities. LaLonde, who previously served as SVP of the Dallas operations, brings more than six years of experience with Angel Oak to his new EVP of Credit role and will now oversee the company's credit policies as well as its risk management and lending practices. Angel Oak has experienced great success in the non-QM space, having originated more than $19 billion in loans since its incep- tion. Angel Oak's team currently operates in 46 states and the District of Columbia. NFM LENDING PROMOTES NEW EVP AND CHIEF LEGAL OFFICER NFM Lending and its family of lenders has announced the promotion of LaTasha Waddy to EVP and Chief Legal Officer. Waddy has been integral to the NFM Lending team since 2012, previously serving as General Counsel and Chief Compliance Officer. In her tenure at NFM Lending, Wad- dy's expertise and commitment have made her a critical member of the executive team, where she has played a pivotal role in guiding the company through complex legal and compliance landscapes. "I am excited to announce that LaTa- sha Waddy has been promoted to Chief Hutchens Jeanmonod Prosnick LaLonde