Residential Finance Corp., Columbus, Ohio, named David Stein as president of its retail branch division, an expansion of his current role as general counsel. Stein is also a co-founder of RFC, along with CEO Michael Isaacs.
Daniel Jacobs is now RFC’s managing director, retail branching division.
Stein will oversee the retail branch division’s operations, including the legal, compliance, licensing, human resources and marketing functions.
“David is the natural choice to lead the future growth in the retail branch division,” said Isaacs. “He has a proven ability to guide with vision and authority, and his understanding of the current landscape makes him ideal for the position.”
Stein is a speaker on regulatory compliance and banking law and serves as a member of the advisory board of the Lenders One cooperative, and as a task force member of the Mortgage Bankers Association’s committee on independent mortgage banking.