Tag Archives: Movers & Shakers

Collateral valuation services provider First Valuation has found a new national sales executive in Brandon O'Briant. While remaining based in Dallas, Texas, O'Briant will apply his 15 years of experience in the mortgage industry to managing First Vaulation's current clients and establishing partnerships on behalf of the company.

Wells Fargo has a new face to celebrate with the addition of Federico Pena to the board of directors for the major mortgage lender. Increasing the board├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós size to 16, Pena will serve on the audit and examination committee for Wells, according to a statement released by the lender.

In a surprise move, the Federal Housing Finance Agency announced a flurry of resignations for Freddie Mac over this year and the next, with CEO Ed Haldeman, Chairman John Koskinen, and several other board members set to step down. Other resigning officers include Laurence Hirsch, a board member who will not seek re-election, and Robert Glauber, chairman of the GSE├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós nomination and governance committee. It remains unclear why Haldeman made the decision to leave the company he helped guide through the financial crisis.

NexGen Compliance Solutions, LLC, has named a new president with the appointment of Cheri Shine to the position. Shine will take over from the current head of the company, Jeff Adam, who is departing NexGen to open his own financial consulting firm. Formerly NexGen├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós executive vice president, Shine boasts more than two decades in the mortgage business, and she has held diverse roles throughout the industry, including previous experience in lending and title vendor management.

The Obama administration's latest appointment on Capitol Hill was announced recently, with the news that Thomas Hoenig would be nominated as vice chairman of the FDIC. The former chief of the Federal Reserve Bank of Kansas City would serve the FDIC until December 2015 if he is approved by the Senate.

President Barack Obama fielded HUD official Carol Galante as a new nominee to head up the Federal Housing Administration, even as the future for other federal nominees remains unclear. The White House announced the decision in a statement in which the president offered new names for other posts. It remains uncertain whether any of the current partisan wrangling over other nominees will impact the confirmation process for Galante. Also in line for his confirmation: Consumer Financial Protection Bureau director-nominee Richard Cordray.

Gloom and doom seems all the rage for the housing market, but at least one real estate company bucked bad news with the announcement of a community achievement award. The Children's Miracle Network Hospital plans to recognize RE/MAX, LLC, founders Dave and Gail Liniger at an event Saturday for their role in inspiring more than $100 million in contributions from company personnel.

The Consumer Financial Protection Bureau has a new chief officer with the addition of Hubert H. Skip Humphrey III. Joining the CFPB as the head of its Office of Older Americans, Humphrey will now act as the bureau├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós lead advocate for the demographic.

U.S. Bank Home Mortgage's president and CEO, Daniel Arrigoni, has been named the next recipient of the MBA's Investing in Communities Award.

Lender Processing Services Inc. has appointed a new president and CEO, with the hiring of Hugh R. Harris. Harris' role begins immediately, effective October 5, and he will also join the company's board of directors.