Ron Malik is the new senior vice president of default servicing at Dovenmuehle Mortgage, a mortgage subservicer for commercial banks, credit unions, independent mortgage lenders, MSR investors and state housing finance agencies nationwide.
With 15 years of experience, Malik has focused on special servicing efforts since the beginning of his career. After serving as Dovenmuehle’s vice president of loss mitigation and collections for almost a decade, Malik most recently served as the senior vice president of servicing administration for Wintrust Mortgage.
Before his first stint with Dovenmuehle, Malik gained extensive and valuable experience in default administration during his time with HSBC Mortgage Services at the height of the subprime mortgage crisis.
In his role, Malik will oversee Dovenmuehle’s special servicing initiatives and maintain a high level of compliance and service satisfaction in all areas of default servicing, aiding Dovenmuehle in its continued efforts to provide excellent service to its clients and their borrowers.
“As the mortgage industry anticipates an increase in delinquencies and foreclosures, servicers and subservicers are doubling down on their special servicing efforts to support homeowners facing hardships,” Malik says in a release. “I look forward to leveraging my experience and expertise in special servicing to increase the efficiency of Dovenmuehle’s default servicing efforts without compromising customer service.”