DS News

DS News June 2017

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

Issue link: http://digital.dsnews.com/i/831261

Contents of this Issue

Navigation

Page 25 of 99

24 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. TRUMP NOMINATES DEPUTY HUD SECRETARY President Donald Trump nominated Pamela Hughes Patenaude to be Deputy Secretary of Housing and Urban Development. Widely considered the real position of power at HUD, Patenaude's confirmation as Deputy Secretary would see her serve alongside HUD Secretary Dr. Ben Carson. Patenaude is the President and Founding Executive Director of the J. Ronald Terwilliger Foundation for America's Families and has a long history in the housing industry. She previously served as EVP of the Urban Land Institute; Director of the Bipartisan Policy Center Housing Commission; the HUD Assistant Secretary for Community, Planning, and Development; VP of Manor Homes Builders; and as an advisor to two presidents: George W. Bush and Ronald Reagan. She also worked with the New Hampshire Housing Finance Authority on implementing a Section 8 rental assistance program. "Pam's extensive knowledge of housing issues and dedicated service to this department under two previous administrations makes her an exceptional choice for the position of Deputy Secretary. She will bring a wealth of experience and steady leadership to HUD in her new role as the department's chief operating officer. I look forward to working with her to achieve more efficient and effective housing policies that create jobs, strengthen communities, and ensure safe, affordable housing for all Americans." – HUD Secretary Ben Carson COMPTROLLER OF THE CURRENCY STEPS DOWN e Office of the Comptroller of the Currency announced the stepping down of Comptroller omas Curry on May 5. U.S. Treasury Secretary Steven Mnuchin appointed Keith Noreika as a Deputy Comptroller and designated him the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). Curry had completed his five-year term on April 9, and had served on an extension since that time. Noreika is currently a partner at Simpson acher & Bartlett LLP and was a partner at Covington & Burling specializing in banking regulation. DEMARCO TAPPED TO HEAD HPC Ed DeMarco, former Acting Director of the Federal Housing Finance Agency, has been tapped to head the Financial Service Roundtable's Housing Policy Council (HPC). DeMarco served as the Acting Director of FHFA from 2009 to 2014. According to FSR CEO Tim Pawlenty, DeMarco is coming at a pivotal time for the HPC. DeMarco previously served as a Senior Fellow in Residence at the Milken Institute's Center for Financial Markets, where he helped moved forward a number of pressing housing policy issues. He has also served as COO and Senior Deputy Director at the FHFA, as Assistant Deputy Commissioner for Policy at the Social Security Administration and as Director of the Office of Financial Institutions Policy at the Treasury Department. Keep up with who's doing what and who went where NMSA ANNOUNCES NEW CHAIRPERSON During the annual National Mortgage Servicing Association (NMSA) member meeting in Washington D.C., on April 5, NMSA announced the appointment of Ray Barbone, EVP of Mortgage Services at BankUnited, as its new Chairperson. Barbone assumed the position recently vacated by J.K. Huey, SVP at Wells Fargo, whose term ended in April. Huey won't be ending her service to the group near term however, as she was named Chairman Emeritus of NMSA in recognition of her decades of service to the mortgage industry and her longstanding support of the organization. Barbone brings several decades of experience to the NMSA. Prior to serving at BankUnited, Barbone was Group SVP for Operations at ABN AMRO Mortgage Group in Jacksonville, Florida, and before that spent 14 years as Controller and SVP at Atlantic Mortgage & Investment Corp. CIVIC HIRES WILLIAM J. TESSAR AS CEO CIVIC Financial Services announced the hiring of William J. Tessar as its new president and CEO. Tessar most recently worked with Skyline Financial Company. Tessar brings over 30 years of experience to CIVIC, and has founded and served as President of three lending companies. Capital Line, one of his companies, was recognized as a top originating brokerage in the state of California. In 2007, Capital Line merged with Skyline Home Loans, and Tessar was named President of Retail Lending. In his 10 years at Skyline, he scaled the organization from a retail mortgage company funding $40M per month into a multichannel originator with $3.5B funded annually.

Articles in this issue

Archives of this issue

view archives of DS News - DS News June 2017