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Eye on the Industry: Updates on Chase, OpenClose, and More

Industry

From executive appointments in mortgage lending to new fintech recruitments, catch the movers and shakers of the industry in this weekly update.

Chase Home LendingChase Home Lending has recruited Rob Robertson to lead its home lending hiring and lending operations in the greater Washington, D.C. region. As a senior lending manager for the region, Robertson will be responsible for building Chase Home Lending's presence in the area. In a statement, Chase said that Robertson had accumulated extensive mortgage experience over 18 years in the banking and mortgage industry. Prior to joining Chase, he managed a sales team of more than 400 in the D.C. metro market area where his team ranked No.1 in market share growth year over year. "His ability to work with customers with a clear leadership vision has earned him numerous recognition opportunities and awards," Chase said, about its appointment of the former Baltimore Ravens football player. Chase had recently announced its first major branch expansion in the Greater Washington D.C. region, where it plans to open up 70 new branches, hiring, up to 700 new employees in Virginia, Maryland, and D.C. The bank has committed $4.5 billion for regional home and small business lending and affordable rental housing for the region.

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David LoeserNewDay USA, a Maryland-based mortgage lender, announced that David Loeser has been appointed Vice Chairman to the company’s board of advisors and will be serving as EVP of Human Resources. A strategic management and human resources expert with more than 30 years of experience working for top multinational brands, Loeser will lend his skills and expertise to direct the company’s recruiting and staffing efforts. Most recently, Loeser was SVP Human Resources at Unisys, a global information technology provider, where he was responsible for creating and implementing several initiatives to improve the recruitment, training, evaluation, and retention of more than 22,000 employees. Prior to Unisys, he served in executive roles for Hostess Brands, Continental Airlines, and PepsiCo, among other international companies. He currently serves as the Chairman of the University of South Carolina Advisory Board. “Dave’s vast experience in the human resources field makes him perfect for the role of vice chairman and executive vice president of human resources,” said NewDay USA CEO Rob Posner. “NewDay USA has become one of the fastest growing lenders in the country, thanks to our unique culture focused on the selection, training, and development of our team. As we continue to expand, we will be leaning on Dave’s expertise in building world-class businesses.”

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LOSOpenClose, the Florida-headquartered mortgage fintech provider has announced the appointment of senior software LOS and mortgage software development expert Joseph Wade to its growing development team. Wade joins OpenClose from Finastra (formerly D+H). In a statement, OpenClose said that Wade will play an integral role in software innovation and enhancements. “OpenClose is constantly advancing and adding new functionality to our suite of mortgage software solutions and Joseph’s extensive experience in the LOS space coupled with his rich development background will quickly add value,” stated Jason Regalbuto, CEO, and CTO at OpenClose. “We are excited about what Joseph brings to the table and how he can assist with our long-term software development strategy.” At Finastra, Wade was key in the development efforts for its New Products Lending Team, rolling out a number of innovative solutions. He was also the manager of the MortgagebotLOS Development Team, where he was responsible for rapidly expanding the MortgagebotLOS platform, maintaining quality assurance, and spearheading the launch of multiple major releases for that system.

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WholesaleCalifornia-based, United Fidelity Funding West(UFFWest) has added Victoria Dunn to its wholesale lending team of account executives. As the National Wholesale Account Executive, Dunn will be working with a team of mortgage professionals to enhance the firm's services and expand its presence. “We are pleased to have been able to recruit someone with Victoria’s proven background of successful execution and solution-oriented sales skill sets,” stated John Bell, principal at UFFWest. “UFFWest is expanding operations and adding talent to capitalize on emerging opportunities in the purchase market business. There is no doubt that Victoria will quickly add value and work well with our tight-knit team of mortgage professionals.”

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.

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