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DS News April 2018

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

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18 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. GOVERNMENT KIRSTEN SUTTON MORK NAMED CFPB CHIEF OF STAFF e Consumer Financial Protection Bureau's (CFPB) Acting Director Mick Mulvaney officially announced that he had named Kirsten Sutton Mork as Chief of Staff for the Bureau. Sutton Mork has been serving as staff director of the House Financial Services Committee under Chairman Jeb Hensarling, and it was Hensarling who first announced her departure back in January. "I worked with Kirsten during my tenure as a member on the House Financial Services Committee and can attest to her in-depth financial policy expertise, proven track record of developing and implementing strategic initiatives, and ability to manage a team," said Mulvaney. In her new role, Mork will be joining another previous Hensarling aide, Brian Johnson, who took a job as senior adviser to Mulvaney from his role as senior counsel of HFSC. LENDERS/SERVICERS FORMER CAPITAL ONE EXEC TO LEAD CITIZEN BANK MORTGAGE BIZ Capital One announced that it would be moving out of the lending business and closing its Mortgage and Home Equity business. e move affected 950 people. In an internal memo at that time, the bank had stated the decision to exit the business was a strategic one and had nothing to do with the team. e team has moved on since then and is finding new positions in the mortgage industry. Citizen Bank announced the appointment of Eric Schuppenhauer as President of its Home Mortgage Business, where he will lead the next stage of growth for Citizens Bank's mortgage business. At Capital One, Schuppenhauer was responsible for all aspects of the bank's mortgage production and mortgage and home equity servicing, including regulatory communications and both industry and community advocacy. At Citizens Bank, he will be responsible for managing mortgage sales, operations, strategy, secondary markets, and technology teams and will report to Brad Conner, Vice Chairman and Head of Consumer Banking at Citizens Bank. FLAGSTAR BANK NAMES NEW DIVERSITY AND INCLUSION LEADER Flagstar Bank has announced that Mary Mbiya will serve as program manager of its diversity and inclusion initiatives. Mbiya has over 18 years' experience in financial services, with five years at Flagstar where she most recently served as VP and Senior Branch Manager in Rochester. "I'm fortunate that Flagstar has already created a template for diversity and inclusion," said Mbiya. "I hope to use my knowledge of the bank and the communities we serve to make a significant impact both inside and outside the company." In her new role, she is responsible for leading further development and implementation of Flagstar's strategy for diversity and inclusion. According to Flagstar, the company has already demonstrated corporate leadership in diversity and inclusion, both as a signatory to the CEO Action for Diversity & Inclusion pledge, and as a winner of the MBA's Residential Leadership Award for Organizational Diversity and Inclusion. PREMIER NATIONWIDE LENDING APPOINTS NEW DIRECTOR With the appointment of Joe Collins to the role of National Recruiting Director, Premier Nationwide Lending is taking strides toward progression. Collins has more than 40 years' experience and has held senior positions in correspondent, mortgage insurance, and retail areas of the mortgage industry. In his new position, he will recruit experienced loan originators to facilitate the company's rapid growth plans. Collins expressed that he is thrilled to be part of Premier Nationwide Lending Keep up with who's doing what and who went where and stated, "ere are so many experienced and educated mortgage professionals in this organization. e level of enthusiasm, leadership, and growth plans are unlike any I've experienced in my career." In collaboration with e Richards Group, the largest independent advertising agency in America, Premier Nationwide Lending is rolling out a new logo soon and redefining the company brand. "There are so many experienced and educated mortgage professionals in this organization. The level of enthusiasm, leadership, and growth plans are unlike any I've experienced in my career." — Joe Collins, National Recruiting Director, Premier Nationwide Lending SERVICE PROVIDER ASPEN GROVE SOLUTIONS APPOINTS MIKE JURKOVIC AS VP BUSINESS SERVICES Maryland-based property technology solutions provider, Aspen Grove Solutions, has announced the appointment of industry veteran Mike Jurkovic as VP, Business Services. In his new role, Jurkovic will be a key point of contact with servicers/lenders and third-party providers to expand existing and new partnerships utilizing Aspen's proprietary property servicing platform, Aspen iProperty to create synergies and frictionless end-to-end property-servicing solutions. In his previous role, Jurkovic worked with Black Knight Financial Services for 15 years. "We are delighted to welcome Mike to the team. Mike's experience, knowledge, and expertise helping mortgage servicers and their third-party service providers over the years will help Aspen and our customers to provide the best solutions to manage the asset," said Sean Ryan, CEO of Aspen Grove Solutions.

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