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30 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. JPMORGAN CHASE NAMES NEW CEO OF MORTGAGE BANKING Mike Weinbach, currently the CEO of Mortgage Servicing with JPMorgan Chase, has been named Chase's new CEO of Mortgage Banking. Weinbach has been with JPMorgan Chase for 12 years and served in a number of roles, including positions with Consumer Banking, Business Banking, Auto, and Mortgage. For the past two years, he has served as CEO of Mortgage Servicing with Chase. "He's been successful in every capacity—he's run sales, been a CFO, and managed large business roles," said Gordon Smith, CEO of Consumer and Community Banking (CCB) with JPMorgan Chase. "And he's done a fantastic job leading the tough business of Mortgage Servicing. We know he will continue to do well executing our strategy in Mortgage Banking." Weinbach will be replacing Kevin Watters as CEO of Mortgage Banking with JPMorgan Chase. Watters, who has been with JPMorgan Chase since 1999, will replace Eileen Serra as CEO of Card Services with the bank. Serra is stepping down from her role as CEO of Card Services to become an adviser to JPMorgan Chase. e transitions all occured in January. Weinbach will announce his successor as CEO of Mortgage Servicing in the coming weeks, according to JPMorgan Chase. "I'm proud of the progress we have made developing top leaders at CCB and the disciplined process we have built around succession for key roles," Smith said. "These moves are all the result of thoughtful development plans for our leadership team. People often have questions when leadership changes, but having known, experienced leaders take over top jobs at CCB is a sign of the strength of talent we have at JPMorgan Chase. Eileen, Kevin and Mike are three of our best, and I'm pleased that they are making moves they are all excited about."The bank's Q3 earnings report indicated $32 billion in revenue year-to-date in 2015 through the end of September. WELLS FARGO HOME LENDING APPOINTS NEW SVP OF DEFAULT SERVICING Carmen Bell has been appointed to the position of SVP of Wells Fargo's Home Lending Default Servicing division, according to an announcement from Wells Fargo & Company on January 22. e appointment is effective immediately. Bell has been with Wells Fargo for 12 years. In her new position of SVP of the Home Lending Default Servicing Division, she will report to Head of Wells Fargo Home Mortgage Servicing Perry Hilzendeger, who was recently promoted to that position. Among the responsibilities for Bell in her new position will be leading teams dedicated to helping customers prevent and resolve delinquencies. Her teams will also be handling oversight of collections, single point of contact initiatives, underwriting, short sales, and mediations, according to Wells Fargo. "Our default services are crucial in helping customers remain in their homes, and Carmen has the knowledge, experience and dedication to lead this team," Hilzendeger said. "Her innovative solutions over the years have provided customers more efficient options when using Wells Fargo resources, and have allowed team members to provide a better overall customer experience. As the leader of default services, Carmen will play an important role in helping customers overcome financial challenges, remain in their homes, and contribute to strong communities as homeowners." Bell most recently served the bank as the header of Performing Servicing Operations, where she oversaw the bank's home mortgage risk management initiatives. In that position, she led a team that implemented a customer-facing website to submit and track insurance claims, improving the mortgage servicing customer experience. According to Wells Fargo, more than half of its customers with insurance claims now use that website. Her other roles with Wells Fargo include overseeing Wells Fargo's Customer Contact Centers and Operations, as well as Home Equity Retail Sales and Direct-to-Consumer Sales. She holds a BA degree from Briar Cliff University in Sioux City, Iowa, and an MBA in business administration from the University of Arizona in Tucson. CFPB ANNOUNCES NEW ACTING DEPUTY DIRECTOR In July 2015, Steven L. Antonakes, the Consumer Financial Protection Bureau (CFPB)'s second-in-command official, announced in a memo to employees that he would step down from his position with the Bureau. To replace Antonakes, the CFPB named Meredith Fuchs to serve as Acting Deputy Director. Now, six months later, the CFPB has made yet another change to its Acting Deputy Director. e CFPB recently announced that David Silberman will serve as Acting Deputy Director, replacing Meredith Fuchs. e new change took effect starting the week in January. He will serve as Acting Deputy Director until the CFPB names a new replacement. At the present time, Silberman serves as Associate Director for Research, Markets, and Regulations, where he has worked since 2011 and will retain in the interim, the CFPB announced. Silberman served for 12 years as General Counsel and EVP of Kessler Financial Services, a privately- held company focused on providing advisory services in developing and marketing financial service products through distribution partnerships. "David has been an integral part of the Bureau's leadership team from the very beginning, and I am pleased that he will be taking on the role of acting deputy director," said CFPB Director Richard Cordray. "David has helped to lead the Bureau's policy and regulatory efforts and put in place new protections that will benefit all Americans. David's knowledge, fairness, and judgment will continue to be invaluable to the Bureau as we carry out our work improving markets for consumers. And although we will miss Meredith, we remain grateful for her contributions to the Bureau and the public we serve." Keep up with who's doing what and who went where

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