Servicing People


Morgan Hill-Scott Coburn has been promoted to vice president, division manager of CreditFlex Funding.

Mr. Coburn was most recently vice president, national sales manager for CreditFlex Funding. He has almost three decades of experience in the mortgage industry.

Before working at CreditFlex, he served as director of loan operations for Fremont Bank, and his credentials include management roles with World Savings and Freddie Mac.

Walnut Creek-PMI Capital Corp. has named Patrick L. Mathis as senior vice president, chief risk officer.

His primary responsibility is credit and operational risk of all operations and investments of PMI Capital.

Prior to joining PMI, Mr. Mathis was with XL Capital Assurance, A New York-based financial guaranty company, where since 1999 he served as chief credit officer, senior managing director.


Orlando-Pinnacle Financial Corp. said that Laurel LaBrecque has been promoted to vice president and commercial underwriting manager. Ms. LaBrecque has more than 20 years of experience in the financial industry.

She joined Pinnacle Financial in 1999 and most recently served as vice president/operations manager responsible for supervising operations staff, underwriters and closers for the company's wholesale division, Tri-Star Lending Group.


Boston-Paul Donahue has joined Holliday Fenoglio Fowler's Boston office as a managing director concentrating on national multifamily debt placement with an emphasis on the Northeast market.

Prior to joining HFF, Mr. Donahue spent nearly 20 years at Berkshire Mortgage Finance. At Berkshire, Mr. Donahue served as senior vice president with responsibilities including real estate finance, capital markets and regional office originator. He is active in the Urban Land Institute's multifamily council and Greater Boston Real Estate Finance Association.


Kingston-Ulster Savings Bank has promoted Michael E. Kelley to senior vice president/director of residential mortgage lending.

He will oversee all of Ulster Savings Bank's residential mortgage offices in New York and Connecticut.

Mr. Kelley maintains several professional associations, including active membership in the Mortgage Bankers Assoc-iation, the Freddie Mac Northeast Advisory Group and the Fannie Mae Long Island Housing Advisory Committee.

New York-Rob Cone has been hired as managing partner of the reputation risk practice in the mortgage origination and servicing areas for IMAG. Mr. Cone brings to IMAG a 24-year career in the international capital markets as a trader, salesperson, and manager of risk products and people.

He is the former president of National Australia Capital Markets. Previously, he served as head of FX Proprietary Trading at Bank of America, New York, and was a senior vice president at Nippon Credit Bank in Los Angeles.


Cleveland-Nationwide REAS has hired James L. Smith as executive vice president, COO of Nationwide Portfolio Services Division.

Mr. Smith Joins Nation-wide with a background in mortgage credit, underwriting, servicing and loan disposition through whole loan sales and securitizations.

He most recently held the position of first vice president, capital markets of Fidelity Hansen Quality in San Diego. Mr. Smith has also held senior management positions with JLS Financial Services, Old Kent Mortgage Co. and Southern Pacific Funding Corp.


Lake Oswego-Lime Financial has promoted Philip Mikolaj from vice president for information technology to senior vice president.

Prior to joining Lime, Mr. Mikolaj was director of consulting services for Del Mar Database. For five years, he was vice president of information technology for Meritage Mortgage, which was purchased by RBMG and is now a part of NetBank.

He was also director of information technology for a telemarketing firm acquired by Meritage in the late 1990s.

Lake Oswego-LIME Financial has appointed Sondra Ludwick as a senior vice president and human resources director.

Most recently, Ms. Ludwick was director of human resources for Portland-based McCabe's Quality Foods Inc.

Previous human reso-urces management positions were at Kinetics Group/Poly Concepts Inc. in Tualatin, AGPR/AGEM Inc. in Hillsboro and Soloflex/MW Media Inc. in Hillsboro.


Horsham-GMAC Mortgage Corp. has appointed three call center managers in national loan administration, the company's servicing operation.

Marty Postel has been appointed director of key partnership management and technical operations. Belinda J. Alexander has been named director of contact center operation and Elizabeth A. Hummel has been appointed director of collections.

Mr. Postel, who joined GMAC Mortgage 22 years ago, will assume responsibility for the company's call center for private-label subservicing clients. He will be based in the company's Waterloo, Iowa, office.

Ms. Alexander brings more than 17 years of experience in the loan servicing and finance industry to her new position. She will oversee GMAC Mortgage's Waterloo contact center operations for GMAC Mortgage customers.

Ms. Hummel joins GMAC Mortgage from Principal Mortgage in Des Moines, where she held the position of vice president of default administration. She brings more than 25 years of default management experience to her new role as director of collections.


McLean-Freddie Mac has appointed Robin Grieves to head the company's

market risk oversight department.

His government and industry experience includes investment banking firms HSBC Securities, where he was director of fixed-income research and government bond strategist from 1995 to 2001, and Salomon Brothers as a vice president in government bond strategies from 1992 to 1995.

He also worked for Freddie Mac between 1987 and 1992 as a director within the company's financial research department. Prior to Freddie, Mr. Grieves was director of housing finance analysis at the Department of Housing and Urban Development.


Memphis-Valocity has named David Jones as manager of technical compliance within the quality assurance department.

In this position, Mr. Jones will contribute to reviews on value issue appraisals, oversee the development of the company's product quality and compliance initiatives, and develop relationships with appraisers and lenders.

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