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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 18 December 2023 M O V E R S & S H A K E R S servicemembers—who have sacrificed so much on behalf of our country—can take advantage of the powerful benefits of the VA mortgage program." ARC HOME APPOINTS BRIAN DEVLIN PRESIDENT AND CEO Non-QM and nonagency whole- sale and correspon- dent lender Arc Home LLC has named Brian Devlin as its new President. In addition, Devlin will assume the role of CEO following a transition period with current CEO, Richard Bradfield, who is leaving Arc Home to embark on new opportunities. With more than two decades of diverse mortgage industry experience, Brian's extensive background in product development, capital markets, and the non-QM space position him as the ideal leader to steer the company during its next phase of growth. "Brian is an exceptional leader with a background and strategic vision that align perfectly with the goals of Arc Home," said Nicholas Smith, a Managing Director at Angelo Gordon, Manager of Arc Home's parent company. "We are confident that under Brian's guidance, the company will continue to excel and provide unmatched solutions and service to our clients. Also, I'd like to thank current CEO Richard Bradfield for his dedication to Arc Home over the last five years, bringing it to a top- 10 non-QM lender." "Joining Arc Home is an incredible opportunity to work with some of the best professionals in the mortgage indus- try," Devlin said. "I'm looking forward to collaborating with our dedicated team to provide the best non-QM and nonagency products, processes, and service to our valued clients." As President and CEO, Devlin will lead an executive team that also includes CFO Massimo Monaco; COO Suzy Lindblom; Chief Production Officer Shea Pallante; Chief Information Officer Nazim Ahmed; Chief Credit Officer Tish Divirgilio; EVP & General Counsel Lee Kaplan; EVP & Head of Marketing Ge- rard McGeever; Chief Human Resources Officer Michael Rivera; and EVP of Capital Markets Mark A. Schaefer. Service Providers CHRIS LEWIS PROMOTED TO DIRECTOR OF SALES AT DOCMAGIC DocMagic Inc. has promoted Chris Lewis to the role of Director of Sales, tasked with building on the company's success as a market leader, while also driving strategic sales initiatives for DocMagic's new innova- tions. As the Director of Sales, Lewis will be spearheading a pivotal initiative. His primary goal is to lead a team of subject matter experts in offering a consultative approach. This approach assists lenders of all sizes in realizing the cost-saving benefits and operational efficiencies of eClosings, which are becoming more prevalent in the industry. Furthermore, Lewis and his team are committed to highlighting the exceptional document generation and compliance capabilities offered by DocMagic. "Chris' outstanding leadership style and extensive experience make him the ideal choice to support DocMagic as we strive to deliver best-in-class mortgage technology solutions for lenders," said Dominic Iannitti, President and CEO of DocMagic. "We are delighted to welcome Chris into this strategic role, as we seize unique opportunities in the marketplace and expand our innovative offerings in digital lending." Lewis has been a member of Doc- Magic's sales team since 2016, amassing more than 25 years of industry experi- ence. His extensive background equips him with a rare combination of deep domain knowledge and a profound un- derstanding of how to deliver meaningful value to lenders. "I am eager to offer our comprehensive solutions to clients, striving to provide a genuine partnership experience that enhances overall client engagement," Lewis said. "With DocMagic's history of leadership in the market spanning over 35 years and the growing prevalence of eClos- ings, I eagerly anticipate collaborating with lenders to create increased value for both themselves and their borrowers." CENLAR PROMOTES DAVID SCHNEIDER TO PRESIDENT Ewing, New Jersey-based mortgage loan subservicer Cenlar FSB has appointed David Schneider President of the company, leaving his most recent role as Cenlar's CFO. John Mezzasalma— previously Cenlar's SVP of Finance— has been named acting CFO, and D. James "Jim" Daras will continue to serve as Cenlar's CEO. "I want to congratulate both David and John," Daras said. "David is an accomplished and highly regarded mortgage bank- ing executive with deep financial and mortgage servicing expertise, and John is a proven financial executive with more than 17 years of experience in corporate and operational accounting, audit, inter- nal controls, taxes, and finance. These moves are simply another acknowledge- ment of the importance of elevating expertise and strength from within our organization." Schneider manages Cenlar's Bank- ing, Financial, Client Management, Core Operations, Default Operations, Borrow- er Operations, Transfer Operations and Project Management businesses. Prior to joining Cenlar as CFO this year, Schneider served in executive leadership positions for three mortgage companies, two of which are backed by major private equity firms—President of CitiMortgage, President of WaMu Schneider Mezzasalma Daras