Housing finance agency CBC Mortgage Agency (CBCMA) has hired servicing executive Alicia Wood in the newly created position of director of servicing and asset management.
Wood administers CBCMA’s entire loan servicing operation and is responsible for servicing oversight and loss mitigation activity on all first and second mortgages, as well as agency and investor reporting.
Wood has more than 25 years of mortgage industry experience and has held executive roles at several large servicing organizations. Most recently, she served as vice president of servicing at non-QM lender Angel Oak. Wood also spent more than five years overseeing foreclosed and bankrupt accounts at a non-agency lender that was acquired by Morgan Stanley and is now part of PHH Mortgage. She began her career at a mobile home lender, where she rose to become collection and credit manager.
“I believe I am most successful in environments like the one that CBCMA has fostered, where collaboration is encouraged and adaptability is essential,” Wood said. “I’m excited to join a growing company with such a talented team.”