Haven Servicing Inc., a New York City-based mortgage servicing technology provider, has named Daniel Wallace as its new CEO. Wallace succeeds company co-founder Jonathan Chao, who will transition to the role of chief product officer.
Wallace joins Haven from Figure Technologies, where he served as general manager of lending. Earlier in his career, he was the CEO of FirstKey Mortgage, a portfolio company of Cerberus Capital Management, and was co-founder and managing Partner at Capital Crossing. He started his career at Lehman Brothers, where he was a managing director.
“Haven enables all stakeholders to remain connected with their borrowers, throughout the life of their loan,” said Wallace. “Haven’s to-date progress is impressive, with 1.4 million loans, consistent borrower engagement, and considerable cost savings for servicers. I am excited to partner with Haven co-founders, Jonathan and Nipun, and the entire team, to continue to build upon Haven’s successes, and continue to transform the mortgage industry.”
