People

Gordon Smith, who was just named co-CEO of consumer and community banking at JPMorgan Chase & Co., will assume responsibility for the megabank’s mortgage banking operations in early 2013.

Stewart Title Co. appointed Lisa Dwiggins as title manager of Stewart Title of Arkansas.

Alan Potts, until recently a senior vice president in charge of wholesale lending at Carrington Mortgage Services, has left the company.

zIngenuity Inc. hired Scott Friedberg as vice president of operations and contract underwriting.

Although loan originations have been booming at Caliber Funding this year, the lender’s aggressive CEO, Brian Simon, has departed the company without explanation.

Ivan Choi has been voted incoming chair-elect of the Asian American Real Estate Association of America.

Mortgage brokers and bankers have been waiting anxiously for the Consumer Financial Protection Bureau to issue its loan officer compensation rule. This is the rule where the agency convened a ‘Small Business’ panel in the spring to weigh in on compensation and lender education issues. Needless to say, few in the industry came away happy with what was told to them by the agency.

Stonegate Mortgage Corp. has hired Flagstar veteran Paul Wyner as senior vice president/national sales manager in charge of third-party residential lending.

Lynn Effinger has joined the management team at Transaction Dynamics as director of new business development.

Arbor Commercial Mortgage appointed Joseph Donovan to senior vice president, director of FHA lending.