Mortgage Cadence announced it has added John Levonick to its compliance team as Chief Legal and Compliance Officer. Levonick brings over 10 years of Legal and Regulatory Compliance experience to the enterprise reverse mortgage lending system and the company’s client base.
"I am very excited to welcome John Levonick to the Mortgage Cadence family and look forward to the compliance expertise he will offer our clients," said Michael Detwiler, CEO of Mortgage Cadence. "As we continue to expand our overall footprint within the financial services space, John’s extensive knowledge will come in very useful in exponentially increasing our compliance solutions."
As CLO for Mortgage Cadence, Levonick will increase the compliance solutions currently available and those inherent within the product suite, while working closely with Mortgage Cadence clients in identifying and managing compliance risk.
In addition, he will assist clients in interpreting compliance requirements, developing risk mitigation strategies and implementing the requisite controls within the Mortgage Cadence platform(s) to best protect the individual client.