Diana Mead was promoted to chief operating officer of Allonhill, the mortgage due diligence firm reported today.
In this newly created role, Mead will oversee credit risk management, due diligence, servicer oversight and the companys technology department.
Previously, the new hire was head of business development for government services at Allonhill, a role she retains as COO.
Since joining the firm in November 2008, Mead has worked to educate lawmakers in Washington, D.C., about the state of secondary markets and the need for improved due diligence and credit risk management practices to restore liquidity to the mortgage industry and prevent future freezes. She also created and managed the companys finance and legal departments.
Before Allonhill, Mead served as chief operating officer and controller for Siena Group, where she led all financial operations for the real estate holding company. Here, she also renegotiated union contracts with major union groups, including United Steelworkers.
Mead also served as controller for Beale International, overseeing all aspects of the companys finance and accounting systems and managing business development operations.
