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34 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. Fannie Mae Book of Business Declines in July A pickup in new business failed to provide positive growth for Fannie Mae's book of business in July, resulting in another month of contraction. e company reported -0.6 percent annualized growth in its book in July, marking the eighth straight month of declines. While still negative, July's negative growth rate was the lowest so far this year, bringing the year-to-date average to -2-percent. As of July 31, Fannie Mae's book was valued at approximately $3.13 trillion. New business acquisitions totaled just less than $40 billion throughout the month, a nearly 12 percent rise over June and the strongest month for new business since last November, Fannie Mae reports. New purchases in Fannie Mae's portfolio were up to $17.2 billion, their highest level since last October 2013. At the same time, sales and liquidations both rose, resulting in an annualized 7.4 percent decline in the portfolio to an estimated $449.9 billion. Meanwhile, single-family serious delinquency continued to fall, dipping five basis points to an even 2 percent, Fannie Mae reported. Multifamily delinquency was steady at 0.1 percent for the third straight month. e company reported 10,812 loan modifications in July. Year- to-date, loan modifications have totaled 78,866. Fannie Mae has been under conservatorship of the Federal Housing Finance Agency (FHFA) since September 2008. HomeStar Taps Hozie as Both CFO, COO HomeStar Companies, a provider of comprehensive real estate services and solutions with headquarters in Maple Grove, Minnesota, has announced the appointment of Steve Hozie as both chief financial officer and chief operating officer. Hozie, a veteran of 30 years in the mortgage industry, will work out of the company's Dallas, Texas, office. In his role as CFO, Hozie will handle all of the company's financial matters. Hutchens Law Attorneys Appointed to Community Leadership Positions Three attorneys from the Fayetteville, North Carolina-based Hutchens Law Firm were recently appointed to leadership positions at various organizations within the community. Hilton "Hutch" Hutchens, the law firm's partner and supervisor of the firm's default servicing litigation practice, was chosen to serve on the Board of Trustees of Fayetteville Technical Community College. Hutchens was previously a member of the Foundation Board of Directors at the college. He currently serves as President of the Cumberland County/12th Judicial Bar Association after previously holding the positions of vice president and second vice president with that organization. Sarah Miranda, associate attorney with Hutchens Law Firm, recently began serving a one-year term as president of the Fayetteville Area Habitat for Humanity, having served on their board of directors since 2006. Lanee Borsman, an associate attorney in foreclosure and litigation for Hutchens, is now a member of the volunteer committee for the North Carolina State Bar Lawyer Assistance Program. The Lawyer Assistance Program aids North Carolina lawyers in the areas of alcoholism, addiction, and mental health disorders. Participation in the program is confidential, and many of the volunteers draw from personal experience with addition and/or mental health issues to assist their peers. MCS Appoints Vincent as New CFO Mortgage Contracting Services (MCS), a Plano, Texas-based company that provides property inspection, property preservation, REO property maintenance, and valuation services to the financial industry nationwide, has appointed Bart R. Vincent as its chief financial officer. LenderLive Recruits SVP for Business Development LenderLive Network Inc., an end-to-end mortgage services provider, announced this week the appointment of Kevin Cooke Jr. as SVP of business development for the company's Loan Servicing Division. Prior to joining LenderLive, he served in a variety of leadership positions at different firms, including working as SVP at Mortgage Outreach Services Group. Auction.com Adds Johnson to Board of Directors and Appoints New EVP/Chief Legal Officer Retired Juniper Networks CEO and former Microsoft executive Kevin Johnson has joined the board of directors at Auction.com. Johnson has previously served on the board of directors for several non-profit organizations as well as serving as director for the board of Starbucks Coffee Company. He is widely recognized for his leadership skills and vision. Johnson was the CEO and a member of the board of directors for Juniper Networks for more than five years before retiring in January 2014. The company also announced that Mindy Heppberger has been named the company's new executive vice president and chief legal officer. Heppberger's 17 years of experience include serving as vice president and general counsel for Yahoo and as an associate with Latham and Watkins, a global law firm. In her new position with Auction.com, Heppberger will oversee all of the company's legal and regulatory matters. Potestivo Adds Foreclosure Manager and IT Director Michigan-based real estate finance and credit law firm Potestivo and Associates announced earlier this month that Erica Julian has been promoted to be the firm's new foreclosure manager. Julian has been with Potestivo and Associates since 2008 and has served in various capacities with the firm, including junior foreclosure coordinator, assignment coordinator, and foreclosure lead. At the time of her promotion, she was serving as a foreclosure supervisor. The firm also announced recently that Eric L. Miller has been hired as the company's director of information technology. Miller will be based in Potestivo's headquarters at Rochester Hills, Michigan, office, but will oversee all the firm's IT operations in each of its three locations at Rochester Hills; Grand Rapids, Michigan; and Chicago, Illinois. Prior to joining Potestivo & Associates, Miller served in various IT positions, including network engineer, senior technician, and client services/IT manager, with other companies. Avenue 365 Hires Tiberio as VP of Default Services Avenue 365, a Pennsylvania-based national title insurance and settlement services provider, has announced the hiring of David Tiberio as vice president of default services. In his new role with Avenue 365, Tiberio will help Avenue 365 establish new national and mid-tier relationships that focus on single-family residential investors, lender servicers, and banks.

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