Nationstar Announces Executive Appointments

Residential loan servicer Nationstar Mortgage announced Wednesday two new leadership appointments to build on the strength of its current executive team and support the company’s expansion.

Moving from his current position as CFO, David Hisey has been named to the newly created position of chief strategy and external affairs officer. In his new role, Hisey will lead several key departments that have been aligned to drive the company’s strategic plans, including Corporate Strategy & Development; Customer Relations; Government, Agency & Industry Relations; Compliance; and Corporate Communication.

Prior to joining Nationstar, Hisey worked in various executive roles at Fannie Mae, including deputy CFO.

“We place the utmost importance on building and fostering our external relationships,” said Nationstar CEO Jay Bray. “David’s wealth of experience working with senior agency and industry leaders across the mortgage and real estate market makes him the ideal person to lead these departments.”

Meanwhile, Robert Stiles will expand his current responsibilities as CFO of Nationstar subsidiary Solutionstar, taking over Hisey’s old position. In the past, Stiles also served as CFO for Altisource Portfolio Solutions, a publicly traded real estate solutions provider. Before that, he was director and controller for Centerline Capital.

“Since joining Solutionstar, Robert has helped grow this business into a major contributor to Nationstar’s overall corporate success,” Bray commented. “We’re excited to have someone with Robert’s knowledge and proven experience on our executive leadership team as we continue to focus on earnings growth and delivering attractive returns to our shareholders as we expand our business.”

Both appointments will be effective following the filing of Nationstar’s first quarter 2014 Form 10-Q, the company announced.