Since taking over duty for all Selene Holdings’ enterprise strains earlier this yr, Chief Strategy and Growth Officer Doug Whittemore has been centered product improvement and scale by drawing on his 25 years of financial institution and nondepository expertise.
Whittemore — who beforehand led groups at U.S. Bank, JPMorgan Chase, Mr. Cooper and Citibank — stated he is centered on serving to the Selene obtain scale whereas addressing various wants purchasers of the servicing, diligence and title options supplier have.
“Doug, a seasoned veteran within the trade, brings over twenty years of management expertise in mortgage banking, default servicing operations and strategic growth,” Selene CEO Joe Davila stated in a press launch asserting Whittemore’s appointment in May. “His expertise main main strategic initiatives will play an important position in Selene’s continued development in innovation to fulfill the wants of at the moment’s market and tomorrow’s alternatives.”
In a dialog with National Mortgage News, Whittemore weighed in on the distinct wants of loans that lie exterior the certified mortgage definition, and people which are non- or reperforming. He additionally mentioned know-how similar to synthetic intelligence, trade greatest practices.
In addition, Whittemore talked about how he works in partnership with Selene Finance President Jocelyn Martin-Leano, who bears duty for oversight of that unit’s operations and likewise joined the corporate earlier this yr.
His remarks on all these matters, edited for readability and size, observe.