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December 2015 - Hitting New Heights

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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26 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. WELLS FARGO PROMOTES NEW HEAD OF HOME LENDING SERVICING Wells Fargo announced that the bank's head of Home Lending Default, Perry Hilzendeger, has been named the new head of Home Lending Servicing. Hilzendeger has been with Wells Fargo for 25 years. As head of Home Lending Servicing, Hilzendeger will be responsible for leading more than 17,000 of the bank's team members who service mortgage loans and home equity products for more than 10 million Wells Fargo customers, and mortgage loans for investors totaling more than $1 trillion. "e work of our Servicing team is critical for homeowners, and Perry has the experience and knowledge to lead it," Codel said. "Over the years, his leadership has helped hundreds of thousands of customers overcome financial challenges to remain homeowners, and he has seen firsthand how homeownership contributes to building stronger communities. With his appointment, our new home lending leadership team is complete and ready to serve America's homeowners." In his most recent role as the head of Home Lending Default, Hilzendeger was responsible for leading teams that were dedicated to helping the bank's customers prevent and resolve delinquencies. His other duties in that role included collections, single point of contact, underwriting, short sales, mediations, and community relations, according to the announcement from Wells Fargo. Under his direction, Hilzendeger's Home Lending Default team created Wells Fargo's Home Mobile Response Unit, which is an in-field, rapid response approach to assisting homeowners who have been devastated by natural disasters. Hilzendeger, who has a bachelor's degree from the University of Minnesota's Carlson School of Management in Minneapolis, has also held positions with Wells Fargo that include overseeing home preservation efforts for all servicing portfolios (including GSE portfolios, assets owned by Wells Fargo, and private investors). He has also worked in real estate collections, real estate fulfillment, and regional and district-level roles covering seven states with Wells Fargo. MINNEAPOLIS FED NAMES NEW PRESIDENT AND CEO e Federal Reserve Bank of Minneapolis announced that Neel Kashkari has been named the company's 13th president and chief executive officer, effective January 1, 2016. Current President and CEO Narayana Kocherlakota will end his tenure on December 31, concluding a five -ear run as head of the Federal Reserve Bank of Minneapolis. One of 12 regional Reserve Banks that make up the Federal Reserve System, the Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government. With Kashkari's experience, the company should continue to be in good hands. "Mr. Kashkari is an influential leader whose combined experience in the public and private sectors makes him the ideal candidate to head the Minneapolis Fed," said MayKao Hang, incoming chair of the Minneapolis Fed's board of directors and co-chair of the search committee. "We were fortunate to have outstanding candidates during our national search. Mr. Kashkari stood out because of his inspiring leadership skills, solutions-oriented nature, collaborative style and deep commitment to public service." Kashkari, 42, has had a distinct career spanning both the private and public sectors. In the private sector, he was most recently managing director and member of the executive office at PIMCO, before resigning in January 2013 to explore a run for public office. In 2014, he announced his candidacy for governor of California and came in second in California's nonpartisan blanket primary, but lost the general election to incumbent governor Jerry Brown. Prior to joining PIMCO in 2009, Kashkari served in the U.S. Department of the Treasury from 2006 to 2009, first as senior adviser to Secretary Henry Paulson, and then as assistant secretary of the Treasury. In the latter role, he established and led the Office of Financial Stability and oversaw the Troubled Asset Relief Program (TARP) for both Presidents George W. Bush and Barack Obama. Before joining the Treasury Department, Kashkari was a vice president at Goldman Sachs in San Francisco. ALLIANT NATIONAL TITLE APPOINTS NEW REGULATORY COMPLIANCE OFFICER Alliant National Title Insurance Company, a title insurance underwriter that partners with independent agents to improve their competitive position in the marketplace, announced that the company has hired Elyce Schweitzer as their new Regulatory Compliance Officer and VP. Based in Longmont, Colorado, Alliant National provides a partnership environment with its agents to improve the accuracy, efficiency, and timeliness of their products. Schweitzer's main focus with her new role will be to continuously provide guidance on regulatory requirements for compliance with applicable title insurance laws, while spearheading all relevant research and analysis. "I am delighted to work with the amazing group of dedicated and talented individuals that comprise Alliant National Title Insurance Company," says Schweitzer. "Becoming a part of this team is a dream come true for me." Schweitzer's experience includes working in law and real estate for over 20 years. Upon earning her Master's in Health Sciences from the University of Central Florida and a law degree from the Albany Law School of Union University, Schweitzer entered the title industry as Claims Counsel for First American Title and then, later, Commonwealth Land Title. In 2010, Schweitzer opened her own on the real estate sector, representing parties and mediating foreclosure cases. She is also a member of the Florida Bar, the New York Bar, and the U.S. District Court, Middle District of Florida. She has also acted as Florida Supreme Court Certified Circuit Civil Mediator, and is a certified Project Management Professional. In addition, Schweitzer is an adjunct instructor at Valencia College, where she teaches both project management and ethics classes. Keep up with who's doing what and who went where

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