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Stewart Continues Expansion of Capital Markets Group with Hiring of New Director

Stewart Lender Services hired John Desmond as director of regulatory compliance, capital markets. Desmond is responsible for overseeing the compliance and regulatory aspects of operations within Stewart’s capital markets group.

Desmond has more than 19 years’ mortgage experience with a particular focus on origination operations and origination-related compliance. He has an additional five years’ legal experience in commercial litigation, corporate finance, and secured transactions.

“John has an excellent combination of regulatory and compliance and hands-on originations experience, and we are excited to add his breadth and depth of knowledge to our compliance team,” said Jason Nadeau, president and CEO of Stewart Lender Services.

Nadeau says the company is committed to growing its quality control and due diligence business lines and will continue to make significant investments in this group in the coming year.

Stewart’s capital markets group is a third-party review provider specializing in mortgage due diligence and credit risk management. The capital markets team provides loan review, due diligence, servicing oversight, securitizations, and regulatory compliance services for private, GSE, and government entities.

Desmond is based in the company’s Denver Tech Center location, one of Stewart Lender Services’ six operating centers across the United States and Latin America.

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.
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