Servicing People


Calabasas-Interthinx, a provider of fraud prevention and decision support tools for the mortgage industry, has appointed Ann Fulmer as vice president of industry relations.

As VP of industry relations, Ms. Fulmer works with national and state mortgage industry associations, and regulatory and law enforcement agencies to increase awareness of mortgage fraud, reduce financial losses and prevent damage to innocent neighborhoods.

As a lawyer, she spent several years litigating insurance fraud cases.

Calabasas-Countrywide Financial Corp. said that Vincent A. Breitenbach has joined its treasury department as managing director, fixed-income investor relations.

In this role, Mr. Breitenbach will serve as the primary point of contact for the fixed-income investment community.

Woodland Hills-Asset Foreclosures Services Inc. said that Ward Allen Sr. has joined the company as executive vice president and national marketing director.

Before joining AFS, Mr. Allen was senior vice president/national marketing director for TD Service Corp.

Prior to this, he worked for Peele Financial Corp. as national marketing director, FNMA as senior sender representative, First Georgia Bank as EVP of servicing and Lincoln Service Corp. as VP of loan servicing for Banc Boston Mortgage Corp.


Chicago-Aries Capital has promoted Eric R. Jones to vice president.

Mr. Jones joined Aries' Phoenix office in 2002 as a financial analyst and was subsequently promoted to assistant vice president in June 2004.

In his new role, he will continue to underwrite and package deals, but with expanded responsibilities that will encompass originating all of Aries' real estate products.


New York-Radian Asset Assurance Inc. has appointed Jack Praschnik as senior vice president and head of its global structured products group.

Since 2003, Mr. Praschnik had been senior vice president, head of global strategies at Radian.

Mr. Praschnik's previous experience includes over 14 years developing and leading risk management and strategic planning groups. He spent several years at MBIA Insurance Corp. as managing director, portfolio risk management.

New York-HSBC Securities Inc. has appointed Nicholas Letica as a managing director and head of collateralized mortgage obligation trading.

HSBC has also hired Mehul Shah as a senior vice president and senior CMO trader with six years of trading experience.

Both are based in New York.

Mr. Letica joins from Deutsche Bank where he was head of agency CMO trading. Prior to that, he served as a senior CMO trader at Banc of America Securities.

Mr. Shah also joins from Deutsche Bank where he was responsible for trading fixed-rate CMOs. Before he held this position, he was a trader on the CMO desk at Credit Suisse First Boston.


Tulsa-Williams & Williams, a provider of real estate-owned disposition and default management solutions, has named Pam McKissick as chief operating officer.

Prior to joining Williams & Williams, Ms. McKissick was president and COO of TV Guide Networks. She was also partner and executive producer of Los Angeles-based McKissick Gregory Productions.

Additionally, she held the positions of vice president of network specials and director of creative services for Walt Disney World/Epcot Center.


Horsham-GMAC Mortgage has appointed several executives to new posts within the company's senior management structure.

Ralph Hall will serve as the chief operating officer for business operations. He will oversee GMAC Bank, business lending, capital markets and information technology functions.

Jim Hillsman will serve as chief operating officer for consumer operations. He will be responsible for leading the company's consumer lending business (including the GMAC Mortgage and ditech.com brands) and national loan administration capabilities.

Dave Bricker will assume the role of chief financial officer. In this position, he will oversee the company's finance organization, accounting, reporting and analysis, treasury and tax functions of the company.

Jim Whitlinger will be appointed to senior vice president and chief accounting officer. He will be responsible for all accounting functions for GMAC Mortgage.

Scott Griffith will assume the position of vice president and managing director of servicing valuation and analytics.


Columbia-Rogers Townsend & Thomas PC said that Richard T. Martin has joined the law firm. He will direct quality assurance efforts for the firm's default services section.

Mr. Martin has over 20 years of technical and management experience in the mortgage banking industry.

Prior to joining the firm, he was senior vice president at Aurora Loan Services Inc. where he managed and set strategy in the areas of loss mitigation, REO, claims, property preservation, damage property, foreclosures, bankruptcy and collections.


Irving-With 14 years at EMC Mortgage Corp. and more than 20 years of industry experience, David Hamilton has been promoted from senior vice president to executive vice president of acquisitions and inventory management.

Mr. Hamilton began his career with EMC in October 1991 and was promoted to senior vice president in December 2000.

Prior to joining EMC, he spent a number of years on the retail side of the mortgage industry in originations for The Associates, Manufacturers Hanover, Anchor Mortgage Services and Equitable Banc Mortgage Corp.

Irving-EMC Mortgage Corp. has promoted Jo-Karen Whitlock from vice president to senior vice president of conduit.

She has 25 years of industry experience.

Prior to her coming to EMC as vice president in July 2002, Ms. Whitlock was regional underwriting manager for Wells Fargo Home Mortgage, vice president of GMAC/RFC, and underwriting manager and risk manager at Fannie Mae.


McLean-Anurag Saksena has joined Freddie Mac as senior vice president and chief enterprise risk officer.

Mr. Saksena has 17 years of experience in establishing and managing risk frameworks in organizations of varying size, complexity and cultures.

Most recently, he led enterprise risk management at General Motors Acceptance Corp., a global financial services subsidiary of General Motors.

In addition, he founded Enterprise Risk Advisors LLC in Minneapolis.


Seattle-Washington Mutual has appointed David Schneider to be president of its home loans division. He will also become a member of Washington Mutual's executive committee.

Mr. Schneider formerly served as president and chief operating officer of St. Louis-based CitiMortgage.

He brings to Washington Mutual experience in mortgage lending, consumer lending, retail banking and corporate finance.

(c) 2005 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com

Next in News ►