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Auction.com promotes Ali Haralson to president

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Distressed real estate marketplaceAuction.comhas promoted its chief business development officer, Ali Haralson to president. Before joining Auction.com in 2017, she was COO at Specialized Loan Servicing, a company that she co-founded in 2003. “It’s a very special historical milestone for Auction.com to promote its first woman president, and to do so during Women’s History Month,” said CEO Jason Allnutt. Headquartered in Irvine, Calif., Auction.com has more than 700 employees spread throughout the country.

Homepoint hires former Fannie Mae exec as CRO and Jean Weng as general counsel

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John Forlines, left, and Jean Weng are both joining the Homepoint team.
Ann Arbor, Mich.-based originator and servicer Homepoint announced two executive appointments in mid-March. It has snagged a 33-year veteran of Fannie Mae, John Forlines, as its chief risk officer. Forlines most recently held the position of chief risk officer at Fannie Mae and also formerly served as chief audit executive and chief credit officer at the government-sponsored enterprise. Homepoint also announced the appointment of its new general counsel, Jean Weng, who previously served as senior vice president, deputy general counsel and corporate secretary at New York-based Voya Financial. Prior to that, she advised businesses and underwriters on capital-raising transactions within the capital markets division of Davis Polk & Wardwell in New York.

BlackFin names former Fed exec Pedro Fong as principal

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BlackFin Group, which offers management consulting within the mortgage banking industry, has named former Federal Reserve executive Pedro Fong as its principal. He’ll join the consulting team that advises financial institutions on the adoption of new technologies, which dovetails with his past experience identifying technologies that met “business capability needs of the Federal Reserve’s monetary policy goals,” an announcement from the company stated. “Blockchain, Artificial Intelligence, Machine Learning and other cutting edge technologies are quickly becoming the fundamental building blocks organizations will use to achieve their business goals,” Fong said. “It’s not going to be about any specific tool or brand, but rather about changing the culture in an industry that has resisted change for too long.”

Guaranteed Rate Affinity adds Nancy Monbouquette as northeast division manager

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The joint venture between Guaranteed Rate, Inc. and Realogy, Guaranteed Rate Affinity has appointed Nancy Monboquette as its northeast division manager. The 20-year veteran of mortgage lending will be based in Boston. “Guaranteed Rate Affinity is experiencing impressive market growth throughout the country, particularly in the Northeast region, and I’m excited to help drive even more of that,” Monbouquette said in the company’s announcement about the role. Guaranteed Rate Affinity markets its mortgage lending services to Realogy’s real estate, brokerage and relocation subsidiaries and says in 2020 it closed $13B in total loan volume, serving more than 39,000 borrowers across the country.

ClosingCorp hires Christine Boring for new role of chief product officer

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ClosingCorp, a San Diego-based provider of residential real estate closing cost data and technology, has hired Christine Boring to fill the newly created position of chief product officer. As CPO, Boring will guide product strategy and oversee its development and implementation. She comes to the company from Black Knight Financial Services, where she spent over 12 years in roles covering sales and product development, particularly for its Ernst Fee Service solution.

Mortgage Connect promotes Bryan Frye to EVP of servicing & capital markets strategy

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The Pittsburgh-based mortgage services firm serving the origination, default, valuation, critical communications and capital markets sectors has promoted Bryan Frye, its leader of capital markets, to executive vice president of servicing and capital markets. Prior to joining Mortgage Connect in 2019, Frye was the senior vice president at Solidifi Title. He also co-founded AMRE Solutions, a mortgage default services company, which was sold to a national servicing firm in 2013.

Renaissance Home Loans appoints Jeff Mack as COO

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Delray Beach, Fla.-based mortgage originator Renaissance Home Loans has hired Jeff Mack as its chief operating officer. The former vice president with First Guaranty Mortgage is tasked with redesigning the Renaissance lending operation and supporting its vertical expansion and corporate alliances, according to the company. Prior to his work at First Guaranty, where he co-created the capital markets department and the non-agency platform, Mack held positions at Clayton Holdings and Morgan Stanley.

CoreVest promotes Christopher Hoeffel to president

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National lender to residential real estate investors CoreVest announced this month that Chief Financial Officer Christopher Hoeffel, has been promoted to president. In addition to expanding his focus to product development and credit policy at CoreVest, Hoeffel will help to direct strategy for the firm’s parent company, Redwood Trust, by joining its investment committee. Headquartered in Irvine, Calif., CoreVest offers long-term loans for stabilized rental properties, in addition to investment credit lines, short-term bridge loans and build-to-rent programs.

Entra Solutions installs new national sales director, Brandon Montgomery

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Entra Solutions, a BSI Financial company that provides title, escrow, valuations and default options in residential real estate, has named Brandon Montgomery as its national sales director. Montgomery comes to the company from Old Republic Title, where he served as the lead on title and escrow. In the sales director role, Montgomery will “simplify and optimize their real estate title and escrow relationships” for realtors, lenders and attorneys, the Entra Solutions announcement stated. The Irvine, Calif.-based company serves BSI clients and also offers “high-touch escrow services for agents along Orange County's Golden Coast.”

Digital mortgage exchange Maxex hires Mitchell Johnson as CTO

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Atlanta-based Maxex, a digital mortgage exchange for buying and selling residential loans, has brought a new chief technology officer on board. Mitchell Johnson last served as CTO of eVestment, a provider of institutional investment data, analytics and market intelligence to public and private market investors. As Maxex CTO, Johnson will head up product strategy, data, security and technology. The company in December announced that in the first 11 months of 2020, it handled $13 billion in non-agency lock trading volume.

Greystone hires former HUD official as SVP of FHA production

Commercial real estate finance firm Greystone has hired C. Lamar Seats, former deputy assistant secretary of multifamily housing programs at the Department of Housing and Urban Development, to head up its Federal Housing Administration production. Prior to his three years at HUD, Seats was the managing director at M&T Realty Capital and before that served as CEO of Bellwether Enterprise Real Estate Capital. Greystone generated $5 billion in multifamily and healthcare loans last year, the company said in a statement, and was cited by the Mortgage Bankers Association as a leading originator and servicer of FHA/Ginnie Mae loans. “Lamar is highly respected in the industry, and I am beyond excited for the potential in growing our FHA lending capabilities with his expertise and guidance,” Greystone’s head of its FHA Lending Group, Nikhil Kanodia, said. (No picture available.)

NMN Staff
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