Wingspan Portfolio Advisors brings on GSE veteran
E.J. Kite joined Wingspan Portfolio Advisors as senior vice president of information management, a newly created position. He is responsible for leading the expansion of Wingspan's technology infrastructure, advancing reporting and analytics capabilities, and integrating software tools to support the firm's services. Wingspan is a specialty and component mortgage loan servicer based in Carrollton, Texas, a suburb of Dallas. The firm works to bring nonperforming assets back to performing status, as well as searches for alternatives to foreclosure on a case-by-case basis. Kite comes to Wingspan from a three-year stint at Fannie Mae, where he served as management information systems director, building the agency's credit performance management reporting infrastructure. Before that, Kite worked as a senior director for Resurgent Capital Services, a subsidiary of consumer finance company Sherman Financial. Kite also spent two decades at Freddie Mac in the technology sector, providing resources for government-sponsored enterprises' portfolio growth and technological sophistication. Steve Horne, chief executive officer of Wingspan, worked with Kite at Resurgent and commented, "Adding E.J. to our team will take us to even higher level of technology sophistication." "We are experiencing exponential growth in the current environment of high defaults and the great interest in enhanced servicing solutions resulting from ‘Foreclosure-Gate’ and Dodd-Frank,” Horne said. “The precision of the workflows we require means that information needs to be available to our people quickly and with great accuracy. That’s where E.J.’s talents and experience come into play." Write to Christine Ricciardi. Follow her on Twitter @HWnewbieCR.