Timothy J. Yanoti is returning to mortgage lender American Financial Resources as President and CFO, the company announced in a press release.
Yanoti previously served as President of AFR from 2014 to 2018. He left to join Lincoln Holdings as CFO and partner for its mortgage title insurance business.
“During my time away from AFR, I’ve watched the brand continue to grow as a successful leader in the mortgage industry, never wavering from its mission to bring more families home despite market changes,” said Timothy Yanoti, President and Chief Financial Officer at American Financial Resources. “Now, just short of five years later, I’m looking forward to stepping back into this role to better serve our customers and partners moving forward, no matter what the future holds.”
His other experience includes EVP and Chief Growth Officer at Ocwen, where he helped grow annual originations to more than $65 billion and drove profits above $150 million; Head of Global Securitization for GE Capital; Head of Capital Markets for GE Mortgage, Head of Securitization for Fannie Mae; and Senior Vice President and Head of Capital Markets for National City Corporation.
He will be focused on the company’s wholesale and consumer-facing divisions, eLend and Manufacturedhome.loan.
“We are so excited to welcome back Tim to support AFR’s bright future, knowing that he embodies everything we stand for and has a proven track record of success to push us that extra mile,” said Richard Dubnoff, CEO of American Financial Resources, Inc.
“As someone who has been an AFR partner for almost a decade, we’re confident Tim will jump right back into this role and further our growth as we continue to expand our product offerings.”
AFR offers loans to the underserved, including first-time, veteran, and lower-income buyers.