Former IBM Mortgage Solutions Executive and COO of Specialty Loan Servicer Seterus to Manage Growth and Daily Operations for Loan Quality Leader
July 23, 2018 – ATLANTA, GA – The StoneHill Group, a veteran-owned, nationwide provider of quality control, due diligence and mortgage fulfillment solutions for the mortgage industry, announced that Patrick Gluesing will join the company as president and chief operating officer. Gluesing will oversee the strategic growth of the company as well as its day-to-day operations. David Green, who founded The StoneHill Group in 1996 and served as president and CEO, will remain as Chairman/CEO focusing on strategic initiatives, customer relations and marketing.
Gluesing is an experienced leader who has worked with several of the industry’s largest lenders and service providers during his 27-year career. Most recently, he served as COO of Seterus, a specialty loan servicer, and as a mortgage solutions executive for IBM’s Global Business Services unit, where he worked on transformative technology initiatives for lenders that included robotic process automation, blockchain, big data and analytics. Prior to IBM, Gluesing served as chief innovation officer and managing director for the Virginia Housing Development Authority, where he introduced systems and strategies that improved the performance of the agency’s business lines. Gluesing’s other roles include serving as chief administrative officer and COO of LoanCare Servicing Center, a ServiceLink company, and senior vice president and managing director at ServiceLink Field Services.
“Patrick is a true leader with a history of motivating the people around him to perform at their very best,” Green said. “He also has a deep understanding of the mortgage business and knows how to help lenders improve their results. I’m very proud of what StoneHill has achieved, and I’m confident Patrick can take us to an even higher level.”
“I’m excited to be a part of the team at The StoneHill Group, which is well-known within the mortgage industry for its dedication to loan quality,” said Gluesing. “I look forward to leading the company to further growth while helping mortgage lenders, banks and credit unions find success in today’s challenging mortgage climate.”
About the StoneHill Group, Inc.
Founded in 1996, The StoneHill Group is a Veteran-owned provider of nationwide mortgage outsource solutions that include quality control plan development and QC audit services, due diligence, fraud reviews, MERS reconciliation/annual reviews, post-closing services, FHA insuring, underwriting and loan processing. The company is headquartered in Atlanta, Georgia. For more information on the StoneHill Group, please visit www.stonehillgroup.com or call 1.877.399.1936.