Coppell-based mortgage servicing company Mr. Cooper Group Inc. announced two executive leadership appointments – Kurt Johnson to chief financial officer and Christine Paxton as executive vice president and chief risk and compliance officer.
Johnson joined Mr. Cooper in 2015 and most recently was chief risk and compliance officer, responsible for credit and market risk management and leading the risk and compliance organization.
With 25 years in the mortgage industry, Johnson has experience in originations, servicing, treasury, portfolio management and financial planning.
While at Mr. Cooper, Johnson has led the multiyear Project Titan initiative to transform servicing, along with critical technology and process enhancements to their platform.
In 2019, he became the company’s chief credit officer responsible for setting all credit risk-related policy and governance before being promoted to his role as chief risk and compliance officer in early 2021.
“With his decades of experience in mortgage-banking, strong relationships with government and industry stakeholders and a detailed understanding of our platform, Kurt is already a major force at the company and in the industry. In his new role, he will be instrumental in setting the company on the path to delivering strong and rising investor returns,” Chairman and CEO Jay Bray said in a statement.
Experienced executive returns to Mr. Cooper
Paxton returns to Mr. Cooper from Wells Fargo, where she most recently was senior vice president of control management, responsible for managing risk for the home lending and servicing business.
Before that, Paxton was SVP of enterprise risk at Mr. Cooper Group where she established the corporate enterprise risk management framework. Christine also served in leadership roles at Capital One and Citi.
“We are delighted to welcome Christine back to the Mr. Cooper Group team,” Bray said. “She is a well-respected leader, and I am confident that her experience and operational skills will be a great fit as we work to ensure Mr. Cooper continues to serve as a source of strength in the housing market.”
Jaime Gow will transition from CFO to a strategic adviser role through October.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
Carlos M. Pelayo has been appointed executive vice president and chief legal officer of Coppell-based Mr. Cooper Group Inc. Pelayo will lead the company’s legal department and corporate governance functions and will serve on the executive leadership team. Mr. Cooper is one of the largest home loan servicers in the nation and delivers a variety of servicing and lending products, services, and technologies. “We are pleased to welcome Carlos to the Mr. Cooper Group executive leadership team,” Jay Bray, chairman and CEO of Mr. Cooper Group, said in a statement. “Carlos’ experience as a legal executive and leader within several…
-
Five organizations took the stage last night at the sixth annual The Pitch competition, after honing their skills through the United Way of Metropolitan Dallas’ Social Innovation Accelerator program. Here's who pitched, who won what, and why it matters to the communities these innovators are striving to serve.
-
Johnson launched the ‘Mayor’s Franchise Initiative’ to foster economic growth earlier this week. Carlos White’s goal will be to make Dallas “a global hub for franchising” by forming partnerships that can help teach city residents how to create, systematize, and scale successful businesses.
-
When you're president and CEO of Dallas' Cooper Aerobics, people expect you to be fit. But Dr. Cooper has gone above and beyond. Especially above. In a D Magazine profile by Will Maddox, Cooper talks about his successful climbing of all 74 peaks in the contiguous U.S. that are 14,000 feet tall or higher.
-
Multistory Media is one of only a handful of firms nationwide with a dedicated building products public relations practice area. The Dallas-based firm manages publicity, social media, awards, product placements, and content development for national and international brands. The firm's new tagline: "Building Stories. Building Brands."
