Former Fannie Mae executives make the switch to Homepoint

Homepoint has announced that industry veterans John Forlines and Jean Weng have joined the company as chief risk officer and general counsel.

Forlines made the switch to Homepoint after a 33-year career at Fannie Mae, where he most recently served as chief risk officer. Additionally, he held leadership positions at the GSE, including chief audit executive and chief credit officer. Forlines said that Homepoint’s rapid growth and high quality of business are what drew him to the firm.

“I am incredibly excited to join Homepoint and be a part of its journey as the company continues to grow and expand the ways it supports its partners and customers. It is easy to see the bright future that lies ahead for Homepoint, given its outstanding leadership team and commitment to doing the right thing,”  he said. “I am looking forward to continuing to enhance Homepoint’s great reputation within the mortgage industry.”

Meanwhile, Weng most recently worked as deputy general and corporate secretary at New York-headquartered Voya Financial, a Fortune 500 firm that provides retirement and asset management services. During her time there, she oversaw the company’s board and committee operations.

“I am thrilled to be joining such a dynamic company with an incredibly strong growth trajectory and a philosophy of ‘we care’ for all stakeholders,” Weng said. “I look forward to contributing to Homepoint’s continued progression as a public company that keeps its associates, partners, customers, and shareholders at the forefront of every strategic decision it makes.”

“We’re thrilled to add John and Jean – two high-performing and strategically driven individuals who align incredibly well with our company mission and vision – to our team at Homepoint,” said Willie Newman, president and CEO of Homepoint. “Their well-rounded skillsets and extensive backgrounds in the financial services sector will greatly fortify our business as Homepoint continues to rapidly grow and evolve as one of the nation’s top mortgage lenders.”