National Mortgage Insurance Corp. (National MI), a subsidiary of NMI Holdings Inc., has appointed Michael J. Dirrane senior managing director and chief sales officer.
Dirrane previously served as National MI's senior managing director of government relations and managing director of national accounts. He currently serves as vice chairman of the Massachusetts Housing Finance Agency, after having served a 15-year term as chairman.
Prior to joining National MI, Dirrane was an executive vice president with PHH Mortgage, where he headed corporate sales, including retail, private-label, wholesale and correspondent lending channels. His prior experience also includes senior management positions with GE Capital Mortgage Insurance, Fannie Mae and Amerin Guaranty.
National MI has also appointed Sharon Traumuller senior vice president of national accounts. In her role, Traumuller will be responsible for leading National MI's sales efforts for lending institutions and will report to Dirrane.
Prior to joining the company, Traumuller spent 20 years in the mortgage insurance industry with CMAC and GE Capital MI.
Rounding out National MI's sales management team is Norm Fitzgerland, senior vice president. He joined the company in August 2014 after having successfully grown correspondent lending channels for Nationstar and PHH. Fitzgerald will also report to Dirrane.