USFN, a national not-for-profit association of select attorneys, trustee companies and industry-specific vendors who specialize in the area of creditors' rights, foreclosure, bankruptcy, loss mitigation, REO and other loan servicing matters, has made changes to its leadership team for 2013.
Marcy Ford, partner and executive vice president of Farmington Hills, Mich.-based Trott & Trott, was named the new president of the organization’s board of directors. Ford’s presidency term went into effect on Nov. 1, 2012.
As USFN president, Ford is serving a two-year term during which she is responsible for working with the rest of the association’s board of directors to advance the real estate finance industry and the network’s membership through education, legislative, political and governmental reform.
Ford is the second woman ever to serve in this role for USFN.
She replaces Caren Castle of Castle Stawiarski LLC, based in Denver, who will now serve as immediate past president on the association’s board of directors.
“The opportunity to serve as USFN president is really a privilege. I’m a big believer in the importance of the organization’s mission and I look forward to playing a more significant role in the work that USFN does on behalf of its members and our entire industry,” Ford told Mortgage Servicing News in an email.
Prior to assuming the role as president, Ford held vice president and secretary positions within the national organization. She also participated in several industry working groups with federal government agencies, consumer groups and bankruptcy trustees.
In the coming year, Ford said the biggest challenges the mortgage industry faces will be centered around adapting to change in law, programs, and practices such as the new Consumer Financial Protection Bureau rules to the elimination of the designated counsel programs for Fannie Mae and Freddie Mac in a more efficient and cost-effective manner.
“The challenges we face revolve around change and collaborative implementation,” Ford added. “The key to facing these challenges head on will be working together as an industry and maintaining adaptability.”
Besides Ford, other confirmations made by USFN executive director and CEO Alberta Hultman at the association’s annual member meeting included Michael Zevitz as vice president and Edward Kirn III as secretary. Zevitz is a shareholder and managing attorney for South & Associates based in Overland Park, Kan., while Kirn is a partner at Moorestown, N.J.-based Powers Kim LLC.
Furthermore, continuing on as CFO for the USFN is Kip Bilderback, a member of Millsap & Singer based in Chesterfield, Mo.
Newly elected to the board were Donna Case-Rossato, a managing attorney at Hartford, Conn.-based Hunt Leibert, and Marty Stone, managing partner at McCalla Raymer LLC, Roswell, Ga.
The other USFN board of directors for 2012-2013 include Jill Rein, managing attorney for Chicago-based Pierce & Associates; Michael Arnovitz owner of Twinsburg, Ohio-based Reimer, Arnovitz, Chernek & Jeffrey Co.; Mark Bosco, shareholder of Tiffany & Bosco in Phoenix; Randall Bueter, partner at Wilson & Associates, Little Rock, Ark.; Stephen Collins of South Birmingham, Ala.-based Sirote & Permutt; Ronald Deutsch, an attorney with Cohn, Goldberg & Deutsch based in Towson, Md.; Rosemarie Diamond, managing partner at Philadelphia-based Phelan Hallinan & Schmieg; H. Terry Hutchens, an attorney at Hutchens, Senter, Kellam & Pettit, based in Fayetteville, N.C.; Randall McHugh, vice president of Farmington, Conn.-based Bendett & McHugh; and Lance Olsen, managing partner at Seattle-based Routh Crabtree Olsen.