Lender Service Provider, a provider of secondary marketing, post-closing, compliance, quality control, business systems management, IT, and accounting for mortgage-related companies, named Sonny Abassi as the company’s new general counsel.
Abassi also serves the Lender Service Provider’s chief compliance officer.
Abassi joined Lender Service Provider in April from the Structured Finance Industry Group, where he was director of mortgage policy, focusing on GSE reform and restoring the private label securities market.
Earlier in his career, Abassi was an attorney with the U.S. Department of Housing and Urban Development’s Federal Housing Administration.
After spending time working at law firms involved in the securitization of mortgages, Abassi spent nearly 11 years at Fannie Mae, both on the legal and business sides.
While at Fannie Mae, Abassi was associate general counsel for single-family mortgage securitization, and later assumed a business/compliance role working for an internal business client as director of mortgage-backed securities.