Posted by Tiger Pride in Alumni
JPMorgan Chase has a new Head of Mortgage Servicing who is an alumnus of East Texas Baptist University. Peter Muriungi, who received his Master of Business Administration degree from ETBU in December 1998, was named to the position recently.
Muriungi was chosen as the new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December.
According to DSnews.com:
Muriungi joined Chase in 2013. Prior to being named head of Mortgage Servicing with Chase, he worked for the last year as the head of Shared Services with the Mortgage Banking Leadership team. His team played a key role in making sure that Chase met all the requirements of the National Mortgage Settlement and the Office of the Comptroller of the Currency’s consent order, which was enacted in June 2015. Chase was just released from the OCC’s consent order after the OCC determined that the bank is now in full compliance with the terms of the 2013 Independent Foreclosure Review.
“Under Peter’s leadership, we’ve made significant improvements in how we serve our customers, while meeting all regulatory requirements,” Weinbach said, also noting that Muriungi’s team has “successfully enabled us to tie how we do business with the regulations we follow.”
To read the complete story at DSnews.com, click here.