Special servicer Vericrest Financial Inc. appointed Joe Anderson chairman and chief executive officer Thursday, two positions he will assume immediately.
The Dallas-based firm says Joe Anderson will lead Vericrest, which recently was combined with Caliber Funding LLC as part of a strategic plan to create a full-service mortgage banking business that offers both servicing and loan origination services.
The merger with Caliber Funding is expected to close in four to six months. In the interim, Anderson is spearheading the integration process.
Anderson has been in mortgage banking for three decades, previously serving Countrywide Home Loans’ prime retail lending division as senior managing director.
At the time, he led origination channels, retail branches, consumer direct, home builder relocation as well as recapture and internet lending.
Anderson also has a strong background in originations, previously leading finance and operations support for originations at Countrywide, and previously spent time leading capital markets functions including hedging, loan securitization and product development, Vericrest said.
Anderson also held leadership positions within First Horizon Home Loans, CC Mortgage, SWS Mortgage, MPACT Mortgage and Nationstar Mortgage.