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Ocwen Financial appoints George Henley as chief growth officer

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Originator and servicer Ocwen Financial Corp. added a new member to its executive leadership team, appointing George Henley as executive vice president and chief growth officer. Henley replaces Timothy Yanoti in the role, and will be responsible for expanding the company’s originations channel in addition to fostering growth in subservicing, correspondent lending and the mortgage servicing rights portfolio. Prior to this role, Henley served as the executive vice president of retail lending at Freedom Mortgage. He’s currently a member of the Secondary and Capital Markets Committee for the Mortgage Bankers Association.

Interfirst Mortgage promotes Dhaval Patel to head of Consumer Direct Production

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Interfirst Mortgage Co., which relaunched last June after a three-year hiatus, promoted Dhaval Patel to senior vice president of consumer direct production. Patel joined the company as vice president of that segment in January 2020. Previous to joining Interfirst, Patel was the area lending manager with Carrington Holding Co. and held leadership roles at Azure Knowledge Corp. and Citizen Financial Mortgage Corp. “Over my 30-year career, this is the first time where I trust a company enough to recommend its products to my family, friends and neighbors,” Patel said in an announcement about the promotion. “This speaks to the strong belief I have in Interfirst’s culture and corporate vision.”

Licensed in 19 states, the company is headquartered in Chicago, where Patel expects to grow his team of originators from 120 loan officers to 250. Interfirst, founded in 2001, had exited the origination market in 2017 citing oversaturation and overvaluation in the market.

Marcus & Millichap hires Erika Banach as vice president of capital markets

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A subsidiary of commercial real estate financing and research firm Marcus & Millichap, Marcus & Millichap Capital Corp., appointed Erika Banach as its vice president of capital markets. Previous to this role, Banach was the director of Extell New York Regional Center and Extell Utah Regional Center, where she managed the firm’s EB-5 program, in addition to raising capital through other sources. MMCC’s focus is to provide “debt, mezzanine financing, preferred and joint venture equity, sponsor equity, loan sales, and consultative and due diligence services” in the commercial market. MMCC states that it closed more than 1,900 transactions totaling $7.1 billion in 2019.

WFG National Title adds Neil Narut to fill newly-created role

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WFG National Title Insurance Co., a subsidiary of Portland, Ore.-based Williston Financial Group, hired Neil F. Narut as its vice president of regional underwriting counsel for the company’s central region, a new position at the company. Narut will be working with title agents in Illinois and Indiana. Prior to joining WFG, the attorney was senior underwriting counsel to Chicago-based Proper Title. WFG is one of only six national underwriters in the country, offering title insurance and settlement services for use in residential and commercial mortgage and real estate transactions.

LoanLogics hires Drew Milburn as SVP of correspondent lending

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A provider of mortgage audit software and document processing automation, Trevose, Pa.-based LoanLogics named Drew Milburn as its senior vice president of correspondent lending. Milburn, who previously co-founded the correspondent lending channel at Texas Capital Bank, is tasked with expanding product offerings for correspondent lenders in automated document processing and audit technologies. Prior to joining LoanLogics, Milburn worked with the firm as a client partner in the development of the LoanHD Investor Module, the announcement noted.
NMN Staff
Career moves Recruiting Ocwen Financial
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