The federal regulatory monitor of the $25 billion robo-signing settlement with the nation’s five mega-servicers has recruited five directors to help manage the Office of Mortgage Settlement Oversight.

The five board members include John Allison, former banking commissioner for Mississippi; Bonnie Hancock, executive director of the Enterprise Risk Management Initiative at North Carolina State University Poole College of Management; James Holshouser, a Pinehurst lawyer and a former North Carolina governor; Donald Pape, counsel to the law firm of Phillips Murrah; and Keith Pigues, dean of the School of Business at North Carolina Central University.

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