Industry stalwart was previously associated with Ocwen Financial
Equity Prime Mortgage (EPM) has announced the appointment of Majed Qminacci (pictured), a former Ocwen Financial executive, as its new chief financial officer.
Bringing 15 years of experience in finance, capital markets, and technology, Qminacci will play a key role in the company’s next stage of growth, a Press release said.
“The work we put in may not necessarily be something we will see immediate benefits from, but it will strengthen our foundation and help those that follow us,” said Eddy Perez, CEO and president of Equity Prime Mortgage. “With Majed Qminacci, we know that we will leave our industry and this organization better. We could not be more thrilled to have Qminacci join the EPM team.”
Qminacci joined EPM from Ocwen Financial Corporation, where he most recently served as senior vice president of mortgage for more than three years. Before that, he was vice president of capital markets and corporate FP&A at Flagstar Bank. Additionally, Qminacci has held various leadership roles at Stearns Lending, Nationstar Mortgage, and MAQ Capital.
Read more: Equity Prime Mortgage brings in big name as chief growth officer
Qminacci’s appointment comes on the heels of another major move for EPM. The company, in May, tapped former American Financial Resources (AFR) president Laura Brandao as chief growth officer. She jumped ship after 15 years at AFR.
Perez said Brandao’s “leadership and culture of progression make our mission of empowering people stronger.”
