has added four to its leadership team to support the fintech company’s expanding $26 billion portfolio. With this new servicing development, TMS has named Michael Chiarella as Executive Vice President of Risk, Nathan Sands as Executive Vice President of Core Servicing, Jason Kwasny as Senior Vice President of Default Servicing, and Anthony Forsberg as Senior Vice President of Default.
“I am excited about the new additions to our senior leadership team as we continue to change the landscape of mortgage servicing,” said Ali Vafai, TMS President. “We are investing heavily in a total homeownership experience for our customers that goes beyond the closing table and their monthly payment. We are positioning ourselves to be a homeownership partner to our homeowners.”
Chiarella has been in the financial services industry for more than 15 years, bringing a wide range of experience to his position that includes time at USAA Bank and JPMorgan Chase. As Executive Vice President of Risk, Chiarella will oversee that the Servicing Channel complies with all laws and regulations, along with ensuring that there are acceptable controls in place to mitigate risk.
With more than 18 years in servicing operations management, Sands was most recently Senior Vice President of Loan Administration at Bayview Loan Servicing.
Kwasny will be in charge of loss mitigation, SPOC (single point of contact) and collections. With more than 16 years of leadership experience in the mortgage space, Kwasny was most recently Vice President of Customer Resolution at Specialized Loan Servicing. His senior leadership experience includes roles at Green Tree/Ditech and JPMorgan Chase.
Forsberg will be responsible for running Default Operations, which includes foreclosure, bankruptcy, REO, property preservation and valuations. Additionally, he will be working with the technology team to build out the default side of SIME. Prior to TMS, Forsberg was Vice President of Default Administration with Specialized Loan Servicing. He brings more than 16 years of experience to the position, with an emphasis in loan servicing.
The new hires accelerate TMS’ growth and goal to deliver world class service to its homeowners for life. Their addition to the team brings TMS closer to its goal to service more than one million loans by 2022.