John Lawrence has been promoted to president of servicing and lender services at BSI Financial, offering mortgage servicing, subservicing, special servicing, and MSR acquisition and due diligence services.
In addition, Larry Goldstone has been promoted to president of capital markets and lending.
A 20-year veteran of the mortgage industry, Lawrence previously served as BSI’s executive vice president and chief servicing officer, where he led the company’s Entra, ESPL and quality control groups.
In his new role, Lawrence will be responsible for the overall profitability and operations of the company’s servicing and lender services businesses.
Prior to joining the company, Lawrence held senior executive positions at PIMCO, PennyMac, Wells Fargo and IndyMac Bank.
Goldstone previously led BSI’s mortgage servicing rights strategy as executive vice president of capital markets. Over the past six years, he helped grow BSI into one of the top 10 buyers of flow mortgage servicing rights and developed a new retention/refinance group for the company.
Prior to joining BSI, Goldstone was founder and CEO of Aventur Partners, a business consulting and investment advisory firm. He was also the co-founder, CEO and president of Thornburg Mortgage, which he built into one of the most successful mortgage real estate investment trusts.