Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.99%0.00
MortgagePeople MoversServicing

BSI Financial bolsters loss mitigation, regulatory compliance efforts

Adds Mohit Pathan and Nonny Sanchez to management team

Aiming to boost its expansion efforts in loan servicing and financial services, BSI Financial Services announced the addition of two seasoned executives to its management team.

According to BSI Financial, Mohit Pathan is joining the company as senior vice president, overseeing loss mitigation and project management.

Additionally, Nonny Sanchez is joining BSI Financial as assistant vice president, leading the company’s regulatory compliance department.

Pathan brings 25 years of experience to BSI Financial. Over the course of his career, Pathan served in an executive-level position in fixed asset operations at Bear Stearns, led the international expansion of branch banking for emerging markets for Barclays Bank, and oversaw loan performance and management of Citibank’s national first-lien portfolio.

Sanchez also brings significant experience to BSI Financial.

Sanchez, a 14-year veteran of the mortgage finance industry, most recently managed the default compliance program at PennyMac.

In this role, Sanchez led compliance initiatives that included rules installed by the Consumer Financial Protection Bureau, as well as the Home Affordable Modification Program, Fannie Mae, Freddie Mac, the Federal Housing Administration, and others.

“We are creating new avenues for growth by modernizing our business processes and investing in new technology,” said Gagan Sharma, President and CEO of BSI Financial.

“Balancing risk with business expansion requires skills that have been honed by managing change in challenging times, the kind of skills that Mohit and Nonny have accumulated over their careers,” Sharma added. “We welcome them to our management team.”

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please