Nationstar's Xome appoints new CEO under WaMu successor's ownership
Xome, a company Washington Mutual successor WMIH Corp. obtained when it bought Nationstar, has appointed a new CEO who previously was part of Genesis Capital's C suite.
The appointment of Rayman Kaur Mathoda to the post comes close on the heels of Xome's purchase of Assurant's Mortgage Solutions unit.
In addition to overseeing the Assurant unit's transition to new ownership, Mathoda is charged with supporting Xome's proprietary digital home buying and selling platform, and expanding third-party services such as title and valuation.
As the former co-CEO of Genesis, Mathoda helped run a private mortgage lender with offerings that included financing for flipping houses and development. She had been serving as a special advisor to Genesis since a Goldman Sachs affiliate acquired the company. Mathoda also previously chaired Global Property Exchange, a provider of real estate disposition services that had ties to Genesis.
"Rayman brings a 20-year track record of success in the real estate market. She is a strategic thinker with operational savvy who is uniquely qualified to leverage technology, tools and intellectual property to expand Xome's third-party exchange, title, valuation and field services businesses," Jay Bray, chairman and CEO of WMIH Corp., said in a press release. Bray previously was Nationstar's CEO.
Tony Ebers, the chief operating officer of WMIH Corp. and formerly Nationstar, had been responsible for leading Xome while it searched for a chief executive prior to Mathoda's appointment.