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42 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. WELLS FARGO HEAD OF HOME LENDING MIKE HEID ANNOUNCES RETIREMENT Wells Fargo EVP and head of Home Lending Michael J. Heid announced that he will retire after nearly 28 years with the bank and 11 years with Wells Fargo's mortgage division. Effective October 1, 2015, Heid will be succeeded as head of Home Lending by Franklin Codel, who currently serves as EVP and head of Mortgage Production at Wells Fargo. Codel will be responsible for overseeing the business and strategic direction of Wells Fargo's Home Lending division, which currently includes 45,000 team members. To ensure a smooth transition, Heid will remain in his current position with Wells Fargo until September 30 and will stay with the company until the end of the year. "Home lending is a cornerstone of our business – and a cornerstone of the American dream," said John Stumpf, Wells Fargo's chairman and CEO. "Mike has led our home lending organization with a deep focus on helping families achieve their dreams of owning a home and he's done so with uncompromising integrity. Over a distinguished career spanning three decades, Mike has helped our company and the entire housing industry navigate unprecedented challenges and prepare for the future. His impact will be felt for many years to come." Heid joined legacy Norwest Mortgage, now Wells Fargo, in 1988 and served in such leadership positions as Chief Financial Officer and head of Loan Servicing before being named co-president of Wells Fargo Home Mortgage (WFHM) in 2004. He was named president of WFHM in 2011. Over the years, Heid has been actively involved in legislative and regulatory policy matters that affect the mortgage industry. He currently serves as chairman of the Lending and Leasing Committee of the Financial Services Roundtable. "Mike played an integral role in aligning the industry during a critical time, by displaying unparalleled leadership in working with the Bush Administration and the U.S. Treasury Department during the height of the U.S. housing crisis," said Ed Delgado, president and CEO of e Five Star Institute. "e industry and the country should be thankful for his efforts." CFPB NAMES NEW ACTING DEPUTY DIRECTOR e Consumer Financial Protection Bureau (CFPB) recently announced that Meredith Fuchs will serve as acting deputy director following Deputy Director Steve Antonakes' decision to depart from the agency. Antonakes currently serves as both deputy director for the Bureau and associate director for the Division of Supervision, Enforcement, and Fair Lending, according to the CFPB. e CFPB also noted that Fuchs announced her intention to step down as general counsel, but will continue to serve as general counsel and acting deputy director until a permanent replacement is selected for both positions. David Bleicken, who currently serves as the Deputy Associate Director for Supervision, Enforcement, and Fair Lending, will serve as Acting Associate Director for that division while a search for a replacement is conducted. Fuchs joined the Bureau in 2011 as principal deputy general counsel before serving as chief of staff to CFPB Director Richard Cordray. Prior to the CFPB, she served as chief investigative counsel of the U.S. House of Representatives Committee on Energy and Commerce. AUCTION.COM WELCOMES NEW VP OF INDUSTRY RELATIONS Auction.com, an online real estate marketplace, has named former VP at Altisource Online Auctions Anthony Self as the new VP of industry relations. Self will focus on strengthening the company's relationships within the real estate community and developing programs that foster long-term partnerships with agents and brokers. "In addition to making real estate transactions easier and more transparent, the Auction.com platform is intended to be a value-added resource for real estate professionals who want to enhance their business–not something that replaces them," said Tim Morse, Auction.com's CEO. "I'm thrilled to welcome Anthony Self to our team as an ambassador to the real estate community and confident that his experience and relationships will prove beneficial as we work toward enhancing the buying and selling experience for everyone." Among Self 's first initiatives since taking on his new role was the launch of a new agent- centered landing page on Auction.com created specifically for residential brokers. ere, real estate professionals can find information about how to effectively partner with Auction.com to grow their business and support their clients, easily register to list a property, search the Auction.com site for properties offering a broker co-op, and read testimonials of other fellow agents who have experienced success on the platform. FREDDIE MAC ELECTS NEW MEMBER TO BOARD OF DIRECTORS Freddie Mac recently announced the election of Lance F. Drummond as a director on the company's board. Drummond, 60, is a senior business leader with extensive experience specializing in business transforming strategy development and execution, operations, technology, and process re-engineering. "We are very pleased that Lance is joining the Freddie Mac Board of Directors," said Christopher S. Lynch, Freddie Mac's non- executive chairman. "He is a proven and experienced executive who has held leadership positions in several prominent financial institutions. His expertise should be instrumental in helping the Board and Freddie Mac during an important time for the mortgage industry and the nation." Keep up with who's doing what and who went where