Stewart’s Home Retention Gets New COO

Home Retention Services Inc., Stewart’s loss mitigation/credit counseling outsourcing division, said that it has hired Charles Newcomb as COO. Newcomb was the senior vice president of investor delivery for now-defunct Aegis Wholesale Corp. and as its senior vice president of national operations. Not a bad move, from HW’s perspective; it’s not as if there is a ton of delivery work to be done right now in terms of the secondary market, especially for third-party originations.