Calabasas-Countrywide Financial Corp. announced the promotion of seven executives to enhanced roles within the managing directorate.
Dave Sambol was named executive managing director, loan originations and capital. Mr. Sambol previously held the position of senior managing director, chief of production. In addition to his oversight of the production division, he will continue his key leadership role with Countrywide Capital Markets Inc., LandSafe Inc. and Countrywide Warehouse Lending Inc.
Anne McCallion was named senior managing director, operations. Ms. McCallion most recently served as chief administrative officer. In her new role, she will oversee major processing for central IT, global home loans and the newly developed corporate operations management group.
Tom Boone was named senior managing director and chief administrative officer. Mr. Boone previously held the position of senior managing director, chief of global processing. His new role will encompass leadership within the company's major corporate infrastructure areas, including human resources, facilities, space planning and procurement.
Richard DeLeo was named senior managing director, loan administration. Mr. DeLeo previously held the position of managing director, loan administration where he served as the architect of much of the company's servicing infrastructure.
Irvine-Jeanne Adam has joined Option One Mortgage Corp. as vice president of asset management. In this role, she has responsibility for loss mitigation, foreclosure and bankruptcy.
Prior to joining Option One, Ms. Adam served as group director of Operations and System Management for Household Auto Finance in San Diego from 2001 to 2003. In that role, she was responsible for credit, funding and loan servicing operations.
Irvine-Joanne Cordero has been named vice president and director for strategy and development in the servicing unit at Option One Mortgage Corp., a subsidiary of H&R Block Inc. Prior to her appointment, Ms. Cordero was vice president and director of asset management for more than nine years.
In her new role, Ms. Cordero is responsible for strategic and long-term planning, maintaining investor and new client partnerships, and evaluating fee-for-service opportunities for Option One.
With more than 18 years experience in the mortgage banking industry, she joined Option One in 1993 from First Nationwide Bank in Sacramento, Calif., which she joined as senior REO asset manager.
Option One also named James (Jamie) Deason as director of acquisitions. In this role, Mr. Deason will have responsibility for the bulk acquisitions business unit, which specializes in the purchase of performing non-prime loan pools on a servicing-released basis.
Mr. Deason joined Option One in April 2000 as assistant vice president and manager of the company's wholesale branch office in Irvine. Prior to joining Option One, he worked for Royal MortgageBanc in Orange, Calif., in various operations and wholesale sales management roles from 1993 to 2000.
Lake Forest-H&R Block Mortgage Corp. has named David J. Vida Jr. vice president of prime secondary marketing and finance.
In this role, Mr. Vida is responsible for the company's prime and government loan product development and delivery strategies.
Before joining H&R Block Mortgage Corp., Mr. Vida served as executive vice president and chief financial officer at Delphi Global Solutions, a technology company specializing in predictive technology for the financial services customer lifecycle.
Wilbur A. McKesson Jr. was named vice president of affordable housing and will oversee the development of a new program. Initially Mr. McKesson will develop and implement an affordable housing business plan that focuses on H&R Block tax clients' mortgage needs.
Most recently, Mr. McKesson served at CitiMortgage as the senior vice president and director of emerging markets.
Orange-First American Default Technologies has named Robert Caruso, executive vice president of servicing operations and post closing at Wells Fargo Home Mortgage Inc., as the 2003-2004 chairman of the First American Default Technologies Steering Committee.
Mr. Caruso, who has more than 21 years experience in the mortgage banking industry, currently oversees multiple operations at Wells Fargo Home Mortgage loan servicing centers and at Wells Fargo affiliates America's Service Co. and Premiere Asset Services.
Atlanta-Robert A. Rosen has joined the management team of Assurant Group's Mortgage Lending Solutions business.
Rosen comes to Assurant from Fleet Mortgage Group, Columbia, S.C., where as executive vice president, loan servicing, he managed a $150 billion servicing portfolio of 1.5 million loans.
Beaverton-Wilshire Credit Corp. has named Keith Douglas as vice president of default management. In this newly created position, Mr. Douglas will include oversight of Wilshire's loss mitigation, foreclosure and bankruptcy functions.
Mr. Douglas has been involved in the mortgage servicing industry for more than 25 years. His background includes supervision of all loan servicing functions.
Prior to accepting the position at Wilshire, he spent three years as an operations vice president of loss mitigation with Citifinancial Mortgage Corp. and his background also includes a seven-year tenure with Bear Stearns' EMC Mortgage Corp.
Copyright 2003 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com http://www.mortgageservicingnews.com