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Eye on the Industry: Freddie Mac’s New CIO

 

Frank Nazzaro

Freddie Mac announced that Frank Nazzaro has been named EVP and Chief Information Officer. He is a member of the senior operating committee and reports directly to CEO David Brickman.

Nazzaro, who joined Freddie Mac in 2018 as the Chief Technology Officer and has been Acting CIO since May 2019, brings more than 20 years’ executive experience in technology and financial services to the company. As CIO, he will head the Information Technology division and provide corporate-wide leadership for the company’s technology strategy, including the employee technology experience.

“Frank has demonstrated that he is the right person at the right moment to deliver technology solutions that make us faster, smarter and more efficient,” said David Brickman, Freddie Mac CEO. “I look forward to his leadership in creating a world class operating platform that delivers lasting benefits for our company while responsibly managing our risks.”

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Quicken Loans Mortgage Services announced the promotion of Paul Yatooma to the newly created position of VP of Sales.

Yatooma will have the opportunity to work alongside Quicken Loans’ partners to better understand their opportunities and challenges. Using this information, Yatooma will work closely with Quicken Loans Mortgage Services' banking, operations and technology teams to ensure the company continues to deliver products and innovations that meet the actual, real-world needs of the company's broker partners.

"Meeting the needs of our community by delivering the best price, products and technology has always been at the core of what we do," said Austin Niemiec, EVP of Quicken Loans Mortgage Services. "Now, with Paul gathering insights from brokers across America, we are better positioned to spot trends in the industry and quickly clear hurdles for our partners."

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Nationwide Title Clearing has donated $25k sponsorship for Live Auction to Carrington Charitable Foundation’s 9th annual Golf Classic auction. The proceeds of the auction will go towards helping wounded Veterans who have served our country. NTC has attended the annual Carrington Charitable Foundation’s Golf Classic in previous years as guests and donated a custom Triumph motorcycle valued at $25,000 to Carrington. 

Charitable Foundation’s annual Golf Classic auction last year. This year, NTC wanted to donate a $25k sponsorship toward a package for four to the 2020 Ryder Cup.

“I have always been taught and have learned that giving back to charities and helping elevate people in need are two very important parts of life,” said CEO, John Hillman. “We are honored to support the Carrington Charitable Foundation&s work in helping Veterans and their families. Their mission in the Signature Veteran programs to assist with providing mobility, stability, purpose, and prosperity to the veteran community are in line with our passion and efforts at NTC.”

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About Author: Mike Albanese

A graduate of the University of Alabama, Mike Albanese has worked for news publications since 2011 in Texas and Colorado. He has built a portfolio of more than 1,000 articles, covering city government, police and crime, business, sports, and is experienced in crafting engaging features and enterprise pieces. He spent time as the sports editor for the "Pilot Point Post-Signal," and has covered the DFW Metroplex for several years. He has also assisted with sports coverage and editing duties with the "Dallas Morning News" and "Denton Record-Chronicle" over the past several years.
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