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34 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. GOVERNMENT STANLEY FISCHER RESIGNS FED SEAT Federal Reserve Vice Chairman Stanley Fischer's resignation becomes official October 13, 2017, leaving yet another seat empty at the Board of Governors. Fischer's term as Vice Chair was set to expire in June 2018. Fischer was appointed by former President Barack Obama in 2014 to an unexpired term set to end in January 2020. Before serving on the Fed's Board of Governors, Fischer was governor of the Bank of Israel from 2002 to 2005. He was also first managing director of the International Monetary Fund from late 1994 to mid-year 2001. BRIAN MONTGOMERY NOMINATED TO HEAD FHA Last month, Brian Montgomery was nominated by President Trump as the Assistant Secretary of Housing and Urban Development, Federal Housing Commissioner. Montgomery, who now operates as Vice Chairman of e Collingwood Group, a Washington D.C.- Based Advisory Firm that he co-founded, served as Deputy Assistant to the President for George W. Bush from 2001 to 2005. After serving under the Bush Administration, he continued at his post six months into former President Barack Obama's leadership before resigning in July of 2009. During his time as FHA Commissioner, his primary focus was the creation and implementation of a bill that would modernize the FHA, an issue that is still looming over the administration. e Bill, which was passed in the House July 2006, increased loan limits, updated down payment assistance options, and added a risk-based premium structure. PAMELA PATENAUDE SWORN IN AS DEPUTY SECRETARY OF HUD In September, Pamela Hughes Patenaude was sworn in as the new Deputy Secretary at the U.S. Department of Housing and Urban Development (HUD). In her role as Deputy Secretary, HUD's second- ranking official behind Secretary Ben Carson, Patenaude will lead the Department's Disaster Management Group and play a primary leadership and operational role in coordinating recovery efforts following the recent hurricanes, according to the release. Patenaude will also direct 16 program and support offices within HUD in order to assist state and local governments with the design and execution of their recovery plans to rebuild damaged housing, business, and infrastructure. SERVICE PROVIDERS ALTISOURCE WELCOMES NEW VP, HEAD OF VALUATIONS Phil Huff recently joined Altisource Portfolio Solutions as VP and Head of Valuations as well as President and CEO of Springhouse, a full-service appraisal management company owned by Altisource. Springhouse is an indirect subsidiary of Altisource Portfolio Solutions. Huff brings more than 25 years of experience in the realm of financial technology to his new role. Altisource also announced the addition of George Paquette as Manager of Valuations. Paquette brings more than 15 years of experience as chief appraiser, compliance officer, and manager of review for national appraisal management companies and lenders to his new role. Keep up with who's doing what and who went where DIMONT NAMES SVP OF FINANCE DIMONT, a Dallas, Texas-based provider of insurance claims and collateral loss mitigation for residential mortgage and auto loans, announced Scott Arnold will serve as the company's SVP of Finance and Administration. With more than 40 years of experience in senior level positions in accounting, finance, and management across several industries, Arnold came to DIMONT in 2016 as VP of Finance. He had previously served as DIMONT's interim controller twice. ELLIE MAE ANNOUNCES NEW SVP OF ENGINEERING Ellie Mae, a cloud- based platform provider for the mortgage finance industry, has announced Dinesh Shahane as their SVP of Engineering. Shahane will be responsible for architecture and all horizontal technologies for Ellie Mae's Encompass Lending Platform, including new investments in data, analytics, A.I., and machine learning. Shahane will play a key role in evangelism and adoption of the platform by lenders, partners, and ISVs—driving the expansion of the vast open ecosystem of Encompass developers. He also will play a pivotal role in the delivery of the full suite of Encompass Connect solutions, as well as raising the bar on quality, scalability, performance, and security of all Ellie Mae solutions. EQUIFAX SEES CHANGES IN LEADERSHIP, CEO e Board of Directors for Equifax, Inc. recently announced the retirement of Chairman of the Board and CEO Richard Smith. Smith's retirement follows the September 7 announcement of a data breach that affected an estimated 143 million

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