Wyndham Capital names Barbara Boccia SVP of risk & compliance
Charlotte, N.C. based, digital residential mortgage lender, Wyndham Capital Mortgage announced it has named industry veteran and highly accomplished financial services professional, Barbara Boccia Senior Vice President of Risk and Compliance.
Boccia will lead risk management and regulatory compliance related efforts across all mortgage-lending channels. While based in Charlotte, Boccia also will focus on growing Wyndham’s footprint in Charlotte, Salt Lake City and Kansas City, the lender said.
Boccia brings over 25 years of legal and regulatory risk and compliance experience to the role.
Prior to joining Wyndham, she was the Senior Director, Advisory Services and Regulatory Relations at Wolters Kluwer, where she managed a complex and evolving regulatory environment. During that tenure, she gained priceless experience guiding regulatory compliance and risk sensitive transactions across the financial services space.
She is a regular speaker, writer, presenter and thought leadership contributor at different industry events and venues, according to a company release. Among other professional representations, she is a member of the American Banker Association’s Bank Compliance Editorial Advisory Board.
Plaza Home Mortgage donates $60K to Susan G. Komen® San Diego
Let’s say bravo to our friends at Plaza Home Mortgage, Inc., which donated $60,791 to Susan G. Komen San Diego, the largest nonprofit funder of breast cancer research outside of the US government. The lender’s donation was based on its total production from October 2019, last year’s Breast Cancer Awareness month.
This $60K+ brings Plaza’s total contributions to Komen in San Diego to more than half a million dollars, according to a press release, and has helped thousands of women get free mammograms, biopsies, ultrasounds, care coordination, education and financial assistance for breast cancer patients’ most critical needs during treatment.
“Plaza Home Mortgage is one of Komen San Diego’s strongest advocates and has made a significant impact in the fight against breast cancer,” said Amy Lord, Director of Corporate Philanthropy at Susan G. Komen San Diego. “Their generosity has supported our mission of saving lives by meeting the most critical needs in San Diego County and investing in breakthrough research to prevent and cure breast cancer. Beyond their corporate donations, several of their employees also participate in the Komen 3-Day and Race for the Cure each year. They are truly the example of what corporate commitment to the community looks like, especially in these trying times.”
SharperLending names Joe Ware as VP of sales & strategy
Mortgage fintech SharperLending has appointed Joe Ware, as Vice President of Sales responsible for the expansion of the company’s technology product line.
The 25-year financial services veteran also will focus on driving market growth through new digital and social distancing solutions for credit unions and banks. He will lead SharperLending’s Verisite team efforts to improve loan processing efficiency and mobile appraisal tools for residential and commercial real estate appraisals reported through the company’s Appraisal Firewall platform.
“The wheels of innovation continue to move at SharperLending, and we are excited for the progression of our products to migrate into the mobile age to best assist our clients,” said David Chiappe, President of SharperLending LLC. “Joe‘s experience and leadership will help us get there sooner with exciting new deliverables in valuation, origination and servicing technologies.”
Ware’s expertise includes real estate appraisals and settlement services. He owns a valuation company and as a certified Member of the Appraisal Institute (MAI), otherwise known as a MAI designation.
Before joining SharperLending, Ware served as National Sales Manager in charge of product development and client growth strategy at appraisal management fintech, Xome. Prior, he was Senior Vice President and National Sales Manager at SWBC, Lending Solutions Division, where he led sales and marketing teams in successfully developing and launching a settlement services management Software-as-a-Service platform for credit unions, community banks, and mortgage lenders.
Ware is an experienced fintech leader “with a proven track record of instituting organizational focus and business transformation” that empower mortgage lenders with technology solutions that help increase operational efficiencies, lower costs, and expedite the loan process, Chiappe said in a statement.
Its products for banks, credit unions, and mortgage lenders are innovative, technologically advanced solutions “coupled with the dynamic, positive culture,” said Ware. “I am thrilled to help mortgage clients exceed their goals,” and achieve the greatest operational efficiencies.
CRE securities fintech, LEX appoints star experts to board of directors
Commercial real estate securities marketplace fintech, LEX has appointed two industry veterans to its Board of Directors. Alicia Glen and Marty Edelman, the new appointees, will help support the company’s goal to bring CRE property investing to the masses, the company said in an announcement.
Created to promote individual CRE property investing, including multifamily housing, LEX is trying to redefine the asset class, executives said. The new board appointments support LEX’s goal to expand its Securities and Exchange Commission qualified, Regulation A securities offering. These securities make CRE “assets available in $100 shares to the public for the first time,” according to a company release.
Glen and Edelman are joining the board during a time of exciting growth for LEX, said Drew Sterrett, co-founder and Chief Executive Officer of LEX. They bring “an incomparable wealth of knowledge and experience to the team which will be invaluable as we continue to innovate and grow.”
Glen was New York City’s former deputy mayor for housing and economic development for five years under Mayor Bill de Blasio. She spearheaded the successful rezoning of Midtown East and the Garment District in Manhattan and oversaw billions of dollars of capital investment in economic development initiatives across the city. Glen previously led Goldman Sachs’s Urban Investment Group and, prior, served under former New York Mayor Rudy Giuliani.
“By creating a marketplace for individuals to invest in commercial properties, LEX enables communities to directly benefit from the appreciation of buildings they shop, dine, and work in,” said Glen.
Edelman currently is a partner at Paul Hastings and senior adviser to Mubadala, the strategic investment arm of the Abu Dhabi Government. He brings more than 40 years of expertise in all aspects of domestic and international real estate, and all stages of legal development of pioneering financial structures, including debt instruments, and institutional joint ventures. Edelman also has done extensive work in Europe, Canada, Mexico, Japan, the Middle East, and Latin America.
Edelman will support the team as they structure deals to create public securities from single asset commercial real estate. “LEX is solving an important need in the broader marketplace, empowering both investors seeking diversification and real estate owners seeking liquidity,” said Edelman.
Roostify adds industry leader David Lowman to board of directors
Digital lending platform fintech Roostify has appointed housing market veteran David Lowman to the Board of Directors, effective March 10, 2020.
Formerly an Executive Vice President with Freddie Mac, Lowman brings 40 years of national and international finance expertise to the board.
Lowman’s “domain expertise, experience operating and scaling large home lending organizations, and leadership position in the industry will help us to propel industry innovation to the next level and will help our lenders best serve their customers,” said Rajesh Bhat, Co-Founder and CEO of Roostify.
At Freddie Mac, Lowman led the transformation of its Single-Family business building a client-centric, commercial enterprise, according to a company release, and nurtured a culture of innovation that culminated in Freddie Mac achieving portfolio and market share growth.
Prior, as Chief Executive Officer of Chase Home Lending, Lowman oversaw $150 billion in annual production and a $1.2 trillion servicing portfolio, the country’s third-largest mortgage originator and servicer at the time. Before that, he spent a decade in various senior leadership roles at Citigroup, where he led the U.S. and global consumer lending growth.
“Roostify is transforming the industry,” said Lowman.
Amilda is an experienced financial journalist and branding content strategist with a keen interest in how entrepreneurs turn brilliant ideas into products and services that help advance business acumen and improve people’s lives in unprecedented ways. She has covered the mortgage market for over 15 years.