DES MOINES, Iowa, Nov. 3, 2015
Wells Fargo & Company (NYSE: WFC) announced today that Perry Hilzendeger, currently head of Home Lending Default, will become the new head of Home Lending Servicing, effective immediately.
As head of Home Lending Servicing, Hilzendeger will report to Franklin Codel, who recently was named head of Wells Fargo Home Lending, succeeding Mike Heid. Hilzendeger succeeds Michael DeVito, who several weeks ago was named head of Mortgage Production.
Based in Des Moines, Iowa, Hilzendeger will oversee more than 17,000 team members who service mortgage loans and home equity products for more than 10 million customers, and more than $1 trillion in mortgage loans for investors.
“The work of our Servicing team is critical for homeowners, and Perry has the experience and knowledge to lead it,” Codel said. “Over the years, his leadership has helped hundreds of thousands of customers overcome financial challenges to remain homeowners, and he has seen firsthand how homeownership contributes to building stronger communities. With his appointment, our new home lending leadership team is complete and ready to serve America’s homeowners.”
Most recently in his Default role, Hilzendeger, a 25-year Wells Fargo veteran, led teams dedicated to helping customers prevent and resolve delinquencies. His responsibilities also included collections, single point of contact, underwriting, short sales, mediations, and community relations. Hilzendeger’s team also created Wells Fargo’s Mobile Response Unit, an in-field, rapid-response approach that served homeowners struggling to recover from natural disasters.
Prior to his role as head of Default, Hilzendeger oversaw home preservation efforts for all Servicing portfolios, including government-sponsored enterprises, Wells Fargo-owned assets and private investors. His other roles at Wells Fargo have included real estate collections, real estate fulfillment, and regional and district-level roles covering seven states.
Hilzendeger earned his bachelor of science from the University of Minnesota’s Carlson School of Management in Minneapolis, Minn.
Wells Fargo Home Mortgage is the nation’s leading originator and servicer of residential mortgages, offering home loans through the largest network of locations and bank branches, and online and phone services.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.
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