Skip to main content

Gateway Mortgage Group Appoints Steven Patrick Chief Risk Officer

NationalMortgageProfessional.com
Dec 12, 2018
Gateway Mortgage Group, a division of Gateway First Bank, has promoted Tina Knaut to regional vice president of the Southwest

Gateway Mortgage Group has named Steven Patrick as its new Chief Risk Officer, where he will provide executive oversight to the company’s Credit and Risk management teams. His responsibilities will span all efforts in enterprise risk Gateway Mortgage Group has named Steven Patrick as its new Chief Risk Officermanagement, compliance and quantitative analytics.
 
“Steve has a tremendous amount of experience in mortgage finance, credit and risk arena,” said Stephen Curry, Chief Executive Officer of Gateway Mortgage Group. “He brings a deep understanding of enterprise-level risk management to this role and understands its importance to a company’s overall health and growth. We are happy to welcome Steve into the Gateway family and we know he will be a valuable addition to the executive leadership team.”
 
Most recently, Patrick was Managing Director with Everett Advisory Partners where he counseled clients on implementing risk-reducing strategies, capital raises and solutions to complex funding problems. Prior to Everett Advisory Partners, he held many different roles with Federal Home Loan Bank of Chicago. Patrick was involved in a variety of initiatives where he developed strategies to mitigate risk while building the mortgage program, which purchased mortgage loans in secondary markets; he also advised banks on liquidity strategies. He has worked extensively in the financial services industry since 1987, starting at Merrill Lynch before moving to Bank of America.
“I am grateful for the opportunity to work for such a great company,” said Patrick. “The team members have made the transition easy, and I look forward to being a part of the very bright future at Gateway.”
 
Gateway Mortgage Group has named Steven Patrick as its new Chief Risk Officer, where he will provide executive oversight to the company’s Credit and Risk management teams. His responsibilities will span all efforts in enterprise risk management, compliance and quantitative analytics.
“Steve has a tremendous amount of experience in mortgage finance, credit and risk arena,” said Stephen Curry, Chief Executive Officer of Gateway Mortgage Group. “He brings a deep understanding of enterprise-level risk management to this role and understands its importance to a company’s overall health and growth. We are happy to welcome Steve into the Gateway family and we know he will be a valuable addition to the executive leadership team.”
Most recently, Patrick was Managing Director with Everett Advisory Partners where he counseled clients on implementing risk-reducing strategies, capital raises and solutions to complex funding problems. Prior to Everett Advisory Partners, he held many different roles with Federal Home Loan Bank of Chicago. Patrick was involved in a variety of initiatives where he developed strategies to mitigate risk while building the mortgage program, which purchased mortgage loans in secondary markets; he also advised banks on liquidity strategies. He has worked extensively in the financial services industry since 1987, starting at Merrill Lynch before moving to Bank of America.
“I am grateful for the opportunity to work for such a great company,” said Patrick. “The team members have made the transition easy, and I look forward to being a part of the very bright future at Gateway.”
Published
Dec 12, 2018
Mortgage Malaise: CFPB Report Reveals Steep Originations Drop, Rising Borrower Costs

Increased fees, soaring monthly payments, and growing approval disparities unsettle the housing market; CFPB eyes regulatory tweaks.

Sep 27, 2023
CFPB Unveils Plan To Remove Medical Debt From Credit Reports

Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods.

Turning The GSEs’ Repurchase Policies Into Opportunity

Lenders selling to Fannie and Freddie have to take swift action and enact robust strategies to mitigate risk

The ‘Science’ Of Appraisals Gets Government Attention

Start now to prepare your Reconsideration of Value policy

Michael Eising Receives MBA Legacy Achievement Award

Indiana banker honored for three decades of service to mortgage compliance.

Rejected Mortgage Applicants Get Another Chance

FHA waiver removes the scarlet letter from denied borrowers.