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Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

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MortgagePeople Movers

Sindeo hires Deepak Kumar as COO/CFO

Previously Fannie Mae senior executive and VP

Sindeo, a mortgage marketplace, announced Deepak Kumar as the newest executive hire, according to a release from the online service.

Kumar will assume the role of chief operating officer and chief financial officer. A business executive for more than 20 years, Kumar leads teams to high-growth business success, according to the release.

“Deepak’s analytical approach to building businesses, coupled with his proven ability to balance priorities and deliver against strategic goals, make him a significant addition to the Sindeo leadership team,” said Sindeo co-founder and CEO Nick Stamos.

Kumar’s most recent position was at Fannie Mae as senior executive and vice president of client management. There, he formed strategic alliances and partnerships across all sizes of mortgage banks and credit unions.

Before working at Fannie Mae, Kumar held leadership positions at Charles Schwab, Citi and Wells Fargo.

Now, Kumar will lead Sindeo’s financial and operational teams as the company grows. Kumar’s background in sales, operation and finance completes Sindeo’s executive team, which has a background in real estate, mortgage and fintech industry.

“I am excited to join Sindeo at such a critical growth stage as it ramps up operationally for a national expansion,” Kumar said. “I am impressed with what the leadership team has achieved in such a short time.”

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