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Digital Risk LLC Hires Mark G. Hinshaw as CFO Maitland, FL (May 14, 2009) - Digital Risk, LLC announced today that it has selected Mark G. Hinshaw for the position of Chief Financial Officer. Mr. Hinshaw will have overall financial management responsibility - including operations and client solution development - for Digital Risk's predictive analytics and loan review operations. Digital Risk is the leading provider of integrated solutions incorporating predictive analytics and expert underwriting services helping the nation's largest and best-known mortgage originators, servicers and investors identify, quantify and price risk. Digital Risk’s predictive analytics and underwriting services help government agencies, originators, servicers and investors prevent mistakes from past business cycles from recurring. Mr. Hinshaw, 39, brings more than 15 years of experience to this position, having served in various executive positions for the nation’s leading lenders and investors. Most recently, he was Senior Vice President at JP Morgan Chase and Co (NYSE:JPM), where he oversaw $20 billion in originations. His broad range of responsibilities included product development, pricing, risk management, modeling, process re-engineering and strategic planning. Previously, Mr. Hinshaw served as Senior Vice President at Countrywide Financial Corporation, where he oversaw product development, pricing, competitive benchmarking, and a variety of predictive analytics including credit risk, pre-payment speed, and compensation optimization. Mr. Hinshaw began his career at Bank of America Corp (NYSE: BAC) managing whole loan trading, whole loan pricing, risk management, securitization, hedging and M&A functions. In announcing the appointment, Digital Risk, LLC Chairman and CEO Peter Kassabov said, "Mark Hinshaw delivers the rare combination of a leadership record of success and analytical, financial and operational expertise that will directly benefit our clients and their bottom lines.” Digital Risk, LLC Managing Director and COO Alex Santos added, “The addition of an executive of Mark’s caliber will provide the management strength necessary to support Digital Risk’s rapid growth and to expand our world class risk mitigation analytics." Mr. Hinshaw said, "Digital Risk is an exciting, rapidly growing company
with a client list of respected mortgage industry leaders. This is an
opportunity to apply my experience across a broad range of disciplines to
drive significant positive change for our clients. We have a unique
opportunity to facilitate the emergence of risk mitigation standards for the
fixed income industry and to help our clients prevent a recurrence of the
current credit crisis.” For additional information contact MORSE COMMUNICATIONS at 203-313-1464. |
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