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Opus CMC Names Bruce Legan Managing Director of Business Development

NationalMortgageProfessional.com
Sep 22, 2017
The Royal Bank of Scotland Group (RBS) has agreed to a $4.9 billion settlement with the Department of Justice related to the company’s issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007

Opus Capital Markets Consultants LLCOpus Capital Markets Consultants LLC, a wholly-owned subsidiary of Wipro Ltd., has announced the addition of Bruce Legan, who will join Opus CMC as Managing Director of Business Development. Legan will oversee sales, marketing, client retention and business development strategy at Opus CMC and Wipro’s Mortgage Solutions unit (BPS).
 
Legan comes to Opus CMC with more than 30 years of experience in the mortgage industry and maintains close relationships with originators, servicers, banks, regulators and more. His extensive background enhances Opus CMC’s menu of due diligence, risk management, valuation, and consulting solutions and enables the company to provide comprehensive end-to-end support to help its partners minimize risk and maximize profitability.
 
“Bruce is a great addition to our leadership team.  His extensive background in the mortgage industry, coupled with a consultative approach to sales, will bring growth and diversity to Opus CMC’s climate and structure,” said Jennifer LaBud, Chief Operating Officer at Opus CMC.
 
In addition to his prior MBS/ABS securitization experience, Legan has dedicated much of his career to delivering consulting/advisory solutions to the financial services industry.
 
Prior to Opus CMC, Legan was President of Clayton Consulting Services, where he led teams of professionals that helped mortgage finance clients identify and manage risk, ensure compliance and improve business processes. He also served as Senior Manager at Ernst and Young and Managing Director at MBIA.
 
“I am drawn to Opus’ mission to deliver the most trusted risk management solutions to the financial services industry. I am also excited to be associated with such a well-established and reliable technology leader, Wipro” Legan said. “With Wipro’s resources, combined with Opus’ superior risk management solutions, we have the momentum to be a leading brand, delivering a bigger set of solutions to the mortgage market.”

 
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