People Movers of the Week: Nov. 26












Bellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., hired Laurie Morfin as senior vice president.

Morfin has 18 years of commercial real estate finance experience and joins Bellwether Enterprise from Prudential Mortgage Capital Co.

While at Prudential, she was responsible for the direct origination of multifamily debt on behalf of Freddie Mac, Fannie Mae, FHA, Prudential’s general account and CMBS executions.

Previously, Morfin was with Wells Fargo’s CMBS group and earlier was part of the Nationwide Insurance loan origination team.


HomeUnion, an online real estate investment management firm specializing in single-family rental properties for the individual investor, said that Joe Barr has joined the company as chief analytics officer.

Barr brings more than 25 years of experience building statistical and econometrics models to HomeUnion.

He has applied his modeling techniques in the mortgage, housing, health care, energy and banking/financial services industries and has held senior data positions at ID Analytics/Lifelock, Chi Analytics, ProLogic, Alanco Technologies and ABN Amro Bank.



Jenner Block said that Damon Smith, former acting general counsel for the Department of Housing and Urban Development, has joined the firm as a partner in its Washington office.

Smith will be a member of the government controversies and public policy litigation and real estate practices.

His real estate practice will focus on multifamily housing finance and commercial transactions.

Smith worked five years at HUD and served as the department’s acting general counsel from January 2014 to July 2014.



Default Servicing Technologies, creators of the DispoSolutions REO management platform and the ValuationSolutions enterprise collateral valuation management technology, hired Doring Lloyd to head up the company’s business development efforts

As vice president of business development for DST, Lloyd will lead the firm’s sales and marketing departments.

Lloyd has been a sales executive in the financial services industry since joining TransUnion in 1996.

She has since served a number of industry firms, most recently as accounts manager for Albany, N.Y.-based Ernst Publishing Co.



RIO Software Solutions said that housing and mortgage servicing industry veteran Lynn Effinger has joined the management team at RIO Genesis Software Solutions Inc. as senior vice president of institutional services.

Over the years, Effinger has held diverse positions such as vice president, REO manager for Great Western Bank, Washington Mutual and Citicorp Trust Bank.

He has also served as senior vice president of Olympus Asset Management and business development manager for Assurant Field Asset Services, the field services business unit of Assurant, Inc.

Most recently, Effinger was executive vice president of Ohio-based ZVN Properties.

RIO Software Solutions also added three more key personnel to its technical support team with the hiring of Kevin Bettincourt as customer service manager, Federico Dottin as product manager and Desiree VanLeer as broker services manager.



Reverse Mortgage Funding hired Jean Noble as its chief marketing officer.

In this role, Noble will develop and lead all national marketing efforts.

Prior to joining RMF, she served as director of marketing and call center sales at Urban Financial of America.

Before that she served as president of J. Noble Consulting and prior to that served as executive vice president at Senior Lending Network.


Sun National Bank, the principal subsidiary of Sun Bancorp Inc., hired Nicos Katsoulis as executive vice president and chief lending officer, and Anthony Morris as executive vice president and chief banking officer.

Morris will oversee customer experience functions across the organization, including retail banking, information technology, bank operations and the bank’s wealth management subsidiary, Sun Financial Services LLC.

Previously, he served as director of banking products and services at CIT Bank.

Katsoulis will oversee all of the bank’s commercial lending activities, including CI and CRE lending.

Previously, he served as a director of State Bancorp Inc. and State Bank of Long Island, where he was chair of both its loan committee and special litigation committee.



B2R Finance, the buy-to-rent lender controlled by private equity giant Blackstone Group, named Jason Hogg as its first chief executive officer, a newly created position.

Previously, B2R was led by its president, John Beacham, who remains in this position.

Hogg, who founded the alternative payment company Revolution Money, has nearly 20 years of experience in entrepreneurial and leadership roles.

Previously he served as president of American Express Serve Enterprise, chief operating officer of Medsite and chief business development officer for MBNA Canada.


Greystone, a national provider of multifamily and health care mortgage loans, said that Gregory Krafcik has joined the company as a managing director.

Based in Atlanta, Krafcik will focus on originating new loans and establishing a stronger CMBS presence for Greystone in the Southeast.

He joins Greystone from Prudential Mortgage Capital Co., where he led the Southeast commercial mortgage originations team across CMBS, life insurance and agency loan platforms.

Prior to his tenure at Prudential, he worked as a business strategy consultant for the financial services sector at Accenture.



Gateway Mortgage Group, a privately held mortgage company offering originations servicing and correspondent lending, hired Steve Frink as regional vice president where he will be responsible for retail production and expansion efforts in the Southeast region.

Previously, Frink was with BBT for nearly 18 years where he implemented and directed sales programs, managed more than 150 loan originators and their supervisors, and was responsible for mortgage production.


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