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Mortgage Coverage Advisors (MPA) has named Russell “Rusty” Johnson Principal Advisor of the agency.
In his new function, he might be chargeable for advocating on behalf of MPA shoppers, supporting the agency’s consumer growth technique, whereas advising companions on numerous market alternatives.
“Rusty is an achieved government, that I had the privilege of working with throughout my tenure at Wells Fargo,” mentioned Bob Caruso, CEO of ServiceMac. “He [Johnson] is a backside line, results-oriented skilled, that is aware of the mortgage servicing enterprise.”
A acknowledged chief within the monetary companies business, Johnson has 30 years {of professional} expertise in mortgage banking and servicing, having held government positions at Financial institution of America, Radian, Wells Fargo, PwC, Fannie Mae, and KPMG.
Previous to becoming a member of MPA, Johnson was chargeable for KPMG’s large-scale engagements with monetary establishments, together with Fannie Mae, the U.S. Division of Veteran Affairs (VA) and Financial institution of America, and served as KPMG’s subject material skilled for all mortgage servicing engagements.
Throughout his tenure at Fannie Mae, Johnson led efforts on the government-sponsored enterprise (GSE), in direction of the creation and implementation of presidency applications such because the House Inexpensive Modification Program (HAMP) and the House Inexpensive Refinance Program (HARP).
His work on a complete servicer score system, led to the event of Fannie Mae’s Servicer Whole Achievement and Rewards (STAR) program.
“We’re delighted to have Rusty as a part of our rising crew, and stay up for his contributions,” added Marcel A. Bryar, Managing Director at MPA.
Johnson holds a Bachelor of Science in Enterprise Administration, Administration and Operations from Bryant College of Rhode Island.
Based mostly in Washington, D.C., MPA is a strategic advisory agency offering shoppers with insights associated to rising or current laws, coverage, rules, and company steerage impacting the U.S. residential mortgage business. By expertise and apply, the crew at MPA analyzes market developments–translating info into actionable and strategic intelligence together with enterprise development technique and third-party enterprise growth.
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