Mortgage compliance executive takes newly created role
Open Mortgage has created a new chief compliance officer position and appointed Andrea Easter (pictured) to the role.
Easter, formerly deputy chief compliance officer of Celebrity Home Loans, will oversee all risk-related functions within Open Mortgage, including the development and implementation of policies and procedures regarding state and federal regulations and agency requirements. She will report to company president Joe Stephenson and hold a fiduciary duty to the board of directors.
Describing the need for the move, Stephenson said: “As Open Mortgage continues to experience unprecedented growth, it’s vital that we diligently safeguard both the firm and our clients with a company-wide compliance approach centered around our brand values.”
“Andrea is a proven leader in the financial services industry, and her extensive expertise will further enable an effective risk and control environment that can scale as the company grows.”
During her tenure at Celebrity Home Loans, Easter worked as vice president of compliance before she was elevated to deputy compliance officer. Before that, she served as a senior financial examiner of mortgage origination at N.C. Office of the Commissioner of Banks. Easter also held various mortgage compliance positions at Wells Fargo Home Mortgage, Daylight Discount Mortgage Corporation, and Headway Workforce Solutions for Genworth Financial Mortgage Insurance.
Read more: Open Mortgage turns to reverse mortgage leader for newly created role
Easter is the latest in the company’s string of executive and senior-level appointments, including Open Mortgage president Joe Stephenson, chief revenue officer Scott Harkless and the addition of several senior vice presidents in the marketing, human resources and forward operations units.
