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Ocwen Strengthens Senior Leadership Team With Two New Members

Ocwen Financial Corporation revealed the appointment of two new members to its senior leadership team. The company intends to have one of the two new members oversee both forward and reverse mortgage lending activity, according to a Reverse Mortgage Daily report.

"Timothy J. Yanoti, formerly the president and co-chairman of residential mortgage originations firm American Financial Resources, joins Ocwen as Executive Vice President and Chief Growth Officer," according to RMD.

"The Chief Growth Officer role is newly-created, and will give Mr. Yanoti leadership over lending business and operations, which includes both forward and reverse mortgage lending."

Ocwen President and CEO Glen A. Messina was enthusiastic about the addition of Yanoti. He spoke about the "tremendous knowledge and experience" Yanoti will be bringing with him as he joins the Ocwen team, according to a company press release.

"Yanoti’s appointment is joined by the addition of Albert J. Celini as Ocwen’s new Chief Risk and Compliance Officer," according to the report.

"He joined Ocwen as a part of the company’s acquisition of PHH in October, and will maintain his title from that company in Ocwen’s ongoing operations."

To learn more about Ocwen Financial Corporation's newest members, click on the image above.

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