Stewart Lender Services (SLS) has announced that John Desmond has joined the company as director of regulatory compliance, capital markets. Desmond will be responsible for overseeing the compliance and regulatory aspects of operations within Stewart’s Capital Markets Group.
Desmond brings more than 19 years of mortgage experience with a particular focus on origination operations and origination-related compliance. Desmond also has an additional five years’ legal experience in commercial litigation, corporate finance and secured transactions.
“John has an excellent combination of regulatory and compliance and hands-on originations experience, and we are excited to add his breadth and depth of knowledge to our compliance team,” said Jason Nadeau, president and CEO of Stewart Lender Services. “We are committed to continuing to grow and support our quality control and due diligence business lines. We will continue to make significant investments in this group in the coming year.”
Stewart’s Capital Markets Group is a leading third-party review provider specializing in mortgage due diligence and credit risk management. Stewart’s Capital Markets team provides loan review, due diligence, servicing oversight, securitizations, and regulatory compliance services for private, GSE and government entities.
Desmond will be based in Denver with offices in Stewart’s Denver Tech Center location, one of Stewart Lender Services six operating centers across the U.S. and Latin America.