Austin, Texas-based mortgage industry management consulting firm Transformational Mortgage Solutions (TMS) announced that it has named Beth Ozenghar its new president and COO. Ozenghar, whose mortgage career spans three decades, had been in the role of Senior Executive Advisor with TMS since 2016. TMS Founder David Lykken will retain the title of Founder and Chief Transformation Officer.
“Beth Ozenghar’s depth of mortgage expertise, as well as her consultative temperament, makes her ideal to serve as President and COO of TMS, both for operating our business and serving our treasured clients,” said Lykken. “In this era of unprecedented industry disruption and opportunity, mortgage lenders need experienced guidance from a trusted advisor like never before, and with Beth serving as president, TMS is ideally positioned to deliver on that need.”
While consulting with TMS for the last two years, Ozenghar also operated an independent mortgage advisory firm. Previously, she served more than a decade as VP of Correspondent Lending for AgFirst Farm Credit Bank, where she was responsible for its correspondent division’s operations, secondary marketing, underwriting, and servicing. Prior to that, she was VP Secondary Marketing at Second National Bank of Warren, and Secondary Marketing Manager at Signal Bank N.A.
“I am thrilled with the opportunity to make a lasting difference in our industry as president and COO of Transformational Mortgage Solutions,” said Ozenghar. “David Lykken has built TMS into an amazing organization that helps mortgage businesses reach their highest potential by focusing on process improvement, people, and profitability. Understandably, earning his trust and confidence has been no small accomplishment.”