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DS News January 2018

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

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ยป VISIT US ONLINE @ DSNEWS.COM 17 COLLATERAL ANALYTICS NAMES EVP OF BUSINESS STRATEGY Collateral Analytics, a provider of automated real estate property valuation and analytic products headquartered in Hawaii, announced the addition of John Holbrook as EVP of Business Strategy. He joins Collateral Analytics from Fannie Mae, where he served as Director of Collateral Technology and Strategy. "John's broad and various experience in appraisal and valuation technology made it a compelling choice to invite him to join our team, as we enhance and expand our modern appraisal products," said Michael Sklarz, CEO of Collateral Analytics. "I am incredibly excited to join Collateral Analytics, especially at a time that the planets are aligning for positive and significant change in the valuation space," said Holbrook. INDISOFT APPOINTS BOARD MEMBERS IndiSoft, a technology development firm that specializes in systems for the financial services industry based in Columbia, Maryland, has added Hans Rusli and Amit Sheth to its advisory board. Rusli and Sheth each bring significant experience in the banking and financial services industries and will play vital roles in IndiSoft's business strategy. "We are honored that these two industry titans have joined our advisory board," said Sanjeev Dahiwadkar, CEO of IndiSoft. "eir broad and successful experience and knowledge of credit risk management and technology will give us fresh perspectives on how to strengthen IndiSoft's suite of compliance tools and bolster our market presence." PHH NAMES CHIEF RISK AND COMPLIANCE OFFICER PHH Corporation (PHH), headquartered in Mount Laurel, New Jersey, announced that Albert Celini has joined the company as SVP, Risk and Compliance. Celini will succeed Leith Kaplan and assume the role of Chief Risk and Compliance Officer of PHH Corporation effective January 1, 2018. President and CEO Robert Crowl said, "Al's proven track record and extensive experience in this field, combined with his background working in the mortgage and financial industries, make him a strong fit for the role and PHH. We are pleased to have him on board and look forward to his leadership and insight as part of our management team." RATEGRAVITY HIRES FORMER BANK OF AMERICA EXEC AS CMO Boston-based fintech company RateGravity announced that it had hired former Bank of America executive Mike Ma as its CMO. Ma most recently worked as Founder and Managing Partner of Horsepowered Partners, a sales and marketing consulting firm that worked with RateGravity. At Bank of America, Ma had worked as SVP and Head of Digital Strategy of Innovation. He also served as Chief Growth Officer at the investment platform Betterment. In a statement, Ma said, "In a process that can be both opaque and unnecessarily costly for consumers, RateGravity is empowering homebuyers across the commonwealth through its powerful technology platform and trusted network of local lenders. I am excited to tell their stories in the days ahead." SCHWARTZ JOINS FORMFREE BOARD Athens, Georgia-based FormFree announced that housing finance expert Faith Schwartz has been elected to its board of directors. Schwartz has played a firsthand role in shaping current housing finance best practices and public policy. Principal and founder of Housing Finance System Strategies, a housing finance strategic advisory firm, Schwartz also serves as a senior advisor to the leadership team of Accenture Credit Services. "FormFree's data-driven solutions have found a unique toehold in the mortgage industry and have the potential to transform the broader financial services landscape," said Schwartz. "Automated verification of borrower assets, employment, and income makes lending simple and secure for everyone involved. I look forward to being part of a growing company that is shaping the future of lending." THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com.

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