Two executives join Senior Leadership team at LoanCare, a ServiceLink Company

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Oct 01, 2018, 10:00 ET

VIRGINIA BEACH, Va., Oct. 1, 2018 /PRNewswire/ -- LoanCare, a ServiceLink Company, is excited to announce Anshul Aggarwal as senior vice president and chief risk officer while John Baker has assumed the role of SVP of investor accounting, cashiering, and bank reconciliations.

In those executive leadership positions, Aggarwal will lead LoanCare's risk management, auditor relations, quality control and compliance initiatives as well as identify, measure, monitor and control risk. Baker will lead LoanCare's quality assurance processes and compliance with all investor, insurer, client and LoanCare procedures, requirements and guidelines.

"LoanCare is excited to have two of the best in the industry join the team. Both John and Anshul have held several senior executive roles in servicing which will support our ongoing effort of strengthening our risk management and accounting processes," said Dave Worrall, President of LoanCare, a ServiceLink Company. "Our team is committed to providing clients and customers with excellent service and assurance that their loans are managed carefully and at the highest level of compliance."

Aggarwal brings more than 15 years of experience in the banking and consumer finance industry. In his new role, he will plan and execute within a risk and control framework, conducting comprehensive audits, business analysis, process improvements and enterprise risk management. It is a natural fit since Aggarwal developed a risk model that was leveraged to build the enterprise risk framework at Caliber Home Loans, where he served as servicing senior risk officer.

"I'm very impressed with the leadership team at LoanCare and thrilled to be part of one of the largest sub-servicers in the nation," said Aggarwal. "I'm looking forward to this new chapter of my professional career to assist LoanCare in enhancing 'best in class' enterprise risk framework that adds value for both internal and external stakeholders."

Baker brings more than 20 years of hands-on experience managing investor accounting/reporting, cash processing and accounting for servicing. Prior to joining LoanCare, a ServiceLink Company, John served as the vice president of investor reporting and payment administration for LoanDepot, LLC. There he developed and implemented process improvements in payment administration to increase accuracy, service and efficiencies to better serve customers.

About LoanCare, a ServiceLink Company

LoanCare, a ServiceLink company, is one of the top national providers of full service subservicing and interim subservicing to the mortgage industry and is leading the industry in engineering agile technology solutions to provide a superior consumer experience. Presently, LoanCare subservices more than 1.1 million loans in all 50 states, approximating $234 billion in loan balances. LoanCare has a seasoned loan servicing team with senior managers averaging nearly 30 years of experience in the mortgage and financial services industry. To learn more about LoanCare, please visit https://www.loancareservicing.com/.

SOURCE ServiceLink