National reverse mortgage subservicer Celink is welcoming a finance veteran to its team to serve as Chief Financial Officer, the company announced Monday.
Ronda McCoy brings 20 years of financial and accounting experience to the CFO position, having served in positions of increasing responsibility at a large financial institution and the public accounting industry.
McCoy is a CPA and holds an MBA from Western Michigan University and a BA in accounting from Michigan State University.
“[Ronda] brings a wealth of financial and organizational experience that will complement both our operational and long-term growth objectives,” said Al Benedetti, executive vice president of finance, in a press release.
Client loan portfolio growth, coupled with escalated inquiry and interest in the reverse mortgage space, have led Celink to an increased investment in accounting, operations, compliance and IT talent, the company said.
Celink announced new hires to its compliance and information technology teams late last year.
“It is an honor to join Celink, a company that I admire for its leading position in the reverse mortgage servicing industry and its experienced and dedicated management team and staff,” McCoy said.
Celink’s reverse mortgage servicing portfolio includes approximately 300,000 loans with a unpaid principal balance approaching $50 billion.
Written by Cassandra Dowell