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» MOVERS & SHAKERS KEEP UP WITH WHO'S DOING WHAT AND WHO WENT WHERE Got something to share with us? Send it to Editor@DSNews.com. Steven Antonakes Named Deputy Director of CFPB Steven Antonakes has served as acting deputy director of the Consumer Financial Protection Bureau (CFPB) since January, but last month the agency officially appointed him to the deputy director position and dropped "acting" from his title. Antonakes, whose background includes more than two decades as a financial services regulator, leads the CFPB's supervision, enforcement, and fair lending teams. Genworth Adds Two to Mortgage Insurer's Senior Leadership Team Genworth Financial, Inc., recently announced the addition of two key executives as part of its efforts to strengthen the senior leadership team of its U.S. Mortgage Insurance (USMI) unit. Paul Gomez was promoted to COO of USMI, and George Reichert was named chief information officer (CIO). Gomez was formerly SVP for Genworth Financial's U.S. Life Insurance Operations team. He has experience running large customer service teams and utilizing analytics. Gomez and his senior personnel will focus on maximizing USMI's operational effectiveness. Gomez is a graduate of the U.S. Naval Academy and holds an M.B.A. from the University of Rhode Island. Reichert was most recently CIO at Nortel Networks, where he created and led the vision for Nortel's IT restructuring plan. He also led IT teams at Lenovo and DHL. Reichert graduated magna cum laude with a bachelor's degree in computer information systems from Manhattan College in New York. First American's NXTLoan Appoints New Director of Sales NXTLoan | First American Mortgage Trust, a lender specializing in FHA 203(k) loans, appointed Rob Philion director of sales and national sales manager. Philion has more than 14 years' experience in leadership positions at financial institutions, including 10 years with Wells Fargo and Citigroup, where he led initiatives across multiple channels, such as wholesale, retail, and affinity platforms. Title365 Taps Industry Veterans to Lead New Arizona Offices Title365 Agency selected senior escrow officers Bambi Garza (pictured) and Christina Mott to head up two newly opened branch offices in Arizona. Garza, who has worked thousands of escrows over her 14-year career, manages the agency's Glendale office. Mott has more than two decades of escrow experience and oversees the Scottsdale location. Southwest Bank SVP Elected Secretary/Treasurer for TMBA Tom Tallent of Southwest Bank was elected secretary/treasurer of the Texas Mortgage Bankers Association (TMBA). Tallent, who has more than 15 years' banking industry experience, is slated to serve the 2013-2014 term. Tallent is currently SVP and credit manager for Southwest Bank's mortgage warehouse lending team, where he manages program credit and operational risk. Wolf Firm Managing Attorney Included in Best Lawyers List Alan S. Wolf, president and managing attorney at the Wolf Firm in California, was selected by peers for inclusion on the 2014 Best Lawyers in America list. Attorneys on the Best Lawyers list are chosen based on peer-review surveys involving thousands of lawyers who confidentially evaluate their professional peers. Wolf was selected in the practice area of mortgage banking foreclosure law. ALTA Awards National Title Professional Designations The American Land Title Association (ALTA) awarded National Title Professional (NTP) designations to three individuals who have demonstrated the knowledge, experience, and dedication essential to the safe and efficient transfer of real property: Paula Bachmeier, Nancy Landmark, and Gregory Wolff. Bachmeier is SVP and north region manager at Minot Guaranty and Escrow in North Dakota. She has worked within the title industry since 1973. She has served as president of the North Dakota Land Title Association, chaired the association's education and regulatory committees, and was named Affiliate of the Year by the Minot Realtors Association. Landmark is an underwriting counsel with Commercial Partners Title in Minneapolis. She joined the firm in 2005 and works directly with customers and their representatives to resolve complex title issues. Landmark was admitted to the Minnesota Bar in 1989, to the United States District Court Bar in 1992, and to the North Dakota Bar in 2005. Wolff is VP and Southern Colorado regional manager at Fidelity National Title Company– Colorado Springs. He is immediate past-president of the Land Title Association of Colorado and was appointed to the Colorado Real Estate Commission's Forms Advisory Committee. CONTINUED ON PAGE 34 VISIT US ONLINE @ DSNEWS.COM REAL ESTATE FIRMS ANTICIPATE INCREASED PROFITS, COMPETITION The majority of real estate firms responding to a survey from the National Association of Realtors (NAR) expect profits— and competition—to heat up over the next year as the housing market continues to look up, the association reported. NAR recently released its 2013 Profile of Real Estate Firms, which examines the makeup of companies, their offerings, and their expectations for the industry. This year's report was based on a questionnaire mailed to a national sample of 121,931 executives at real estate firms; the survey's response rate was 5.5 percent. Out of those firms that responded, 84 percent were independent, non-franchised companies, while 13 percent were independent franchises; the remainder were subsidiaries of a national or regional corporation. The majority—approximately 80 percent—specialize in residential brokerage, with commercial brokerage and residential property management the most common secondary functions. Sixty-nine percent of respondents said they expect profitability to rise over the next year, and most are preparing to battle for every dollar. "Two out of three real estate firms expect competition in the marketplace to increase, both among firms and nontraditional market participants," said Paul Bishop, NAR's VP of research. "Because real estate is an entrepreneurial field, some experimentation in business models is likely when the market is in a recovery phase." In response, many firms are bolstering their ranks with new recruits. CONTINUED ON PAGE 34 33

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