McGuiness Exits Lenders One to Run Sales at Embrace

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DLMOSS

Jeff McGuiness has exited the CEO position at Lenders One to become the chief sales officer for Embrace Home Loans, which is headquartered in Newport, R.I.

In his new job, McGuiness will assume responsibility for all three of Embrace's production channels: retail, consumer direct and bank fulfillment.

McGuiness became CEO of Lenders One in April 2012, replacing company founder Scott Stern. The mortgage cooperative's management unit had been acquired by Altisource Portfolio Services in February 2010.

Before joining Lenders One, McGuiness was executive vice president of consumer banking and originations at St. Louis-based Aurora Bank, managing the bank's consumer deposit and mortgage business units.

Before that he was executive vice president of direct-to-consumer lending at American Home Mortgage and managing director of correspondent lending at CitiMortgage.

"As excited as we are with his unparalleled experience and well-known success in leading retail, consumer direct and third-party, it is Jeff's character and integrity that we admire most. We are encouraged that his leadership will play a pivotal role in driving our organization to greater success," said Kurt Noyce, president of Embrace.

Dan Goldman, vice president of sales at Lenders One, has been named as the interim leader of the co-operative, according to Meredith Duhaime, a spokesperson for Altisource.

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Career moves Consumer lending Originations Nonbank
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