While one of the government-sponsored enterprise snagged a mortgage executive from a big-name financial institution, a young West Coast company recruited several leaders to spearhead a growth spurt. Other appointments include technology, sales and production executives.
This month, Freddie Mac announced Daniel Gardner as its new vice president of single family affordable lending and access to credit.
Dubbed by the GSE as a “long time champion of affordable lending,” Gardner will lead Freddie’s endeavors to make affordable home loans available to low-income, moderate-income and under-served consumers.
“I am confident Danny’s knowledge, executive abilities and long dedication to affordable home ownership will create new opportunities for our customers and Freddie Mac to serve the nation’s borrowers,” said David Lowman, who is Freddie’s executive vice president of single family business and Danny’s new boss, in a March 18 written statement.
A more than 20-year veteran of providing affordable home loans for lower income borrowers, Gardner previously served as Capital One Financial Corp.’s vice president for Community Reinvestment Act business development and multicultural lending — a post he held since 2013. Prior to Capital One, the Texas Tech University graduate held a four-year stint as chief operating officer for the non-profit organization National Community Stabilization Trust and progressed his way into higher management positions during his 13-year career at CitiMortgage Inc.
Publicly traded Stonegate Mortgage Corp. heralded R. Douglas Gilmore as its chief information officer earlier this month in a corporate media announcement. In addition to overseeing technology at the Indianapolis-based company, the former ChaCha Search Inc. CIO will be in charge of developing Stonegate’s virtual marketplace for mortgage-backed securities and institutional investments in mortgages. Christened Stonegate Connect, the company’s tech platform will connect investors and third-party originators and help facilitate these financial activities.
“With an increased focus on Stonegate Connect and our desire to be the market leader in technology, we feel he’s the ideal choice to fill the CIO position,” said Stonegate’s Chief Executive Officer Jim Cutillo, in a March 10 press release.
Houston, Texas-based mortgage lender Envoy Mortgage not only introduced a new executive to its ranks, the lender also said it was in need of new teammates as it steamrolls ahead with its national growth plans. The March 17 news release said the 60-branch firm needed originators, branch operations staff and managers across the country.
That same announcement revealed that Citibank’s former San Francisco area lending manager Michael Kuehner accepted a position with Envoy. Kuehner will serve as Envoy’s regional vice president for Northern California and Nevada regions and also will help newly promoted Keith Frachieseur, Envoy’s executive vice president of retail, with overseeing the pacific northwest market.
“Michael brings a tremendous amount of experience and contacts to Envoy’s northwest region,” Frachieseur said in a written statement. “He has been a high performer since before he could make a legal purchase in a bar — and has been exceeding expectations and shattering production targets ever since.”
A former commissioned office in the U.S. Marines, the Washington State University graduate also has a work history with Bank of America Corp. and Wells Fargo & Co. He also co-owned a business as a homebuilder and real estate developer.
Parkside Lending LLC issued multiple media briefs this month to debut several new team members. The management team expansion includes two executive appointments and three managerial-level new hires.
Former DocMagic chief compliance officer Laurie Spira signed on for the same role at Parkside. She reportedly has 16 years experience in compliance-related matters.
Robin Gilmore accepted Parkside’s job offer to serve as the lenders executive vice president of operational strategy. Here, Gilmore will oversee corporate infrastructure build-outs and determine other tools Parkside for its expansion efforts. Gilmore’s resume includes stints at Kinecta Federal Credit Union, loanDepot LLC, Fannie Mae and Countrywide Financial Corp.
Parkside’s new management staff includes 33-year veteran Joann Berger, the lender’s underwriting manager. Closing manager Jo-Ann Krueger will oversee closings and funding employees from the company’s office in Lisle, Ill. Also joining the 11-year-old company’s executive team is Gail Dolton, the firm’s new general counsel.
