Skip to main content

Gateway Mortgage Adds Molly Reed Davis as Chief of Compliance

Feb 23, 2012

Gateway Mortgage Group has announced that Molly Reed Davis has been named chief credit and compliance officer where she is responsible for overseeing all compliance policies and procedures as well as managing credit relationships for the company. Davis has more than 25 years of senior level management experience in the mortgage industry. Prior to joining Gateway, she was the assistant vice president of third party origination credit administration for MetLife Home Loans where she managed all aspects of counter-party risk related to more than 2,000 brokers and correspondents. Previously, Davis served as senior vice president of credit policy and retail operations for CitiMortgage, vice president of production support for Capstead Inc. and vice president of central region correspondent operations and production support at Countrywide Home Loans Inc. “Gateway has shown great resilience through this housing downturn by adapting to market needs,” said Davis. “I am happy to be a new part of this innovative team and am dedicated to using my knowledge to mitigate risk and manage compliance while continuing to foster growth.” “Molly brings many years of invaluable experience to the company and is a great addition to our team to oversee compliance efforts,” said Kevin Stitt, president of Gateway Mortgage Group. “Regulatory compliance continues to be a top challenge for lenders and no growth plan is complete without significant care being taken in this area. Her extensive knowledge regarding risk management in both retail and correspondent lending will be of great value to Gateway as the company expands its market share in other lending divisions.”
About the author
Published
Feb 23, 2012
James Brody, Esq. Now Owner Of New, National Compliance, Litigation Law Firm

JW Brody | Compliance & Litigation to serve IMBs, mortgage brokers, depositories, credit unions, and fintechs

May 19, 2025
DOJ Opens Criminal Investigation Into NY AG Letitia James Over Mortgage Fraud Claims

Investigation follows April referral by FHFA Director Bill Pulte; potential charges include wire, mail, and bank fraud

May 09, 2025
Federal Layoffs Help Drive Record 25% Surge In D.C. Housing Inventory

Cuts at mortgage, housing-related agencies help spur government employee exodus from the nation’s capital

May 07, 2025
Undocumented, But Not Unmortgageable

As immigration enforcement intensifies, lenders must decide if ITIN mortgages are too risky — or too valuable to ignore

Freddie Mac’s Net Income Up By $28M To $2.8B For Q1 2025

GSE sees chance to ‘strip away unnecessary bureaucracy and eliminate non-essential activities’ to drive tech investments, lower origination costs

May 01, 2025
What The CFPB’s 2025 Priorities Memo Means For Lenders

As mass layoffs at the agency are paused, law firm Garris Horn’s Senior Partner calls memo’s info, detail a ‘huge win’