“Andrew’s exceptional track record in driving business strategy and transformation, combined with his extensive leadership experience in the mortgage industry, makes him an invaluable addition to our board,” Jay Bray, chairman and CEO of Mr. Cooper Group, said in a Press release. “We are pleased to welcome him as we advance our strategic vision and continue to build an industry-leading homeownership experience for our customers.”
Meanwhile, Flagstar Financial, which sold its mortgage business to Mr. Cooper, announced the appointment of Brian Callanan to its board.
Read more: Mr. Cooper completes $1.3 billion acquisition of Flagstar’s mortgage business
Callanan, senior managing director and general counsel at Liberty Strategic Capital, brings substantial expertise in financial regulation, regulatory compliance, and financial technology.
Before joining Liberty, Callanan served as general counsel at the US Department of the Treasury, where he led a team of 2,000 lawyers and played a pivotal role in key initiatives, including economic rescue programs during the COVID-19 pandemic, the implementation of economic sanctions, and tax reform.