Mr. Cooper Group Inc. has appointed Mike Rawls as chief executive officer of Xome Holdings LLC
, the Dallas-based company’s real estate services subsidiary. He replaces Rayman Mathoda, who will remain with the company as a strategic advisor, while focusing on a new career in life sciences.
Rawls was previously executive vice president and chief operating officer with the servicing segment of Mr. Cooper Group, formerly Nationstar Mortgage Co. Earlier in his career, he was vice president of default management at Banc One Financial Services.
“We thank Rayman for her many contributions to Xome, including the successful integration of Assurant Mortgage Services,” said Jay Bray, chairman and CEO of Mr. Cooper Group. “Given Mike’s track record with our servicing business, he is in a unique position to help Xome achieve its full potential as a leading integrated services provider for the mortgage industry. Mike has led our servicing and originations businesses in his tenure with Mr. Cooper. He understands the process and complexities in these businesses and will work with clients to reduce pain points and deliver a better client experience.”