Chief Risk Officer

Mr. Cooper Makes C-Suite Changes

Posted on by TMN Editor
Kurt Johnson and Christine Paxton have been appointed to c-suite positions at Mr. Cooper, the company announced in a press release. Johnson has been named Chief Financial Officer, and Paxton named EVP and Chief Risk and Compliance Officer. Paxton was promoted to take Johnson’s place after his move to CFO. Johnson has been with the company since 2015, having most recently served as Chief Risk and Compliance Officer. He has more than two decades of experience in originations, servicing treasury, portfolio management, and financial planning. “With his decades of experience in mortgage banking, strong relationships with government and industry stakeholders, and a detailed understanding of our platform, Kurt is already a major force at the company and in the industry.…

Former Fannie Mae Attorney Named loanDepot CRO

Posted on by TMN Editor
Joseph Grassi has been appointed as chief risk officer of loanDepot, the company announced in a press release. Grassi reports directly to loanDepot CEO Frank Martell. He is responsible for the company’s risk management program, enterprise and loan-level risk governance policies, and potential operations risks. “I look forward to working with Frank and his entire leadership team at loanDepot to deliver on the company’s vision of becoming an increasingly purpose-driven organization,” said Grassi. “loanDepot has both an incredible reputation for fostering innovation and a deep commitment to its customer-first philosophy. I’m excited to leverage the strengths of the Company and team to help make the American dream of homeownership a reality for more families.” Grassi brings more than three decades…