Mr. Cooper Group, a home loan service provider, announced the appointment of Kurt Johnson as executive vice president and chief risk and compliance officer, in addition to his current role as chief credit officer.

In his expanded role, Johnson replaces Steve Covington, who is retiring in June. Johnson and Covington will work together to ensure a smooth transition over the coming months.

“With more than 20 years of experience in the mortgage industry, Johnson has led critical work for the company in setting risk-related policy and governance,” the company said. “Most recently, he led the charge within the company and the industry on the mortgage relief options included in the CARES Act, working with government agencies to advocate for homeowners and ensure Mr. Cooper customers had solutions during the pandemic.”

Prior to joining Mr. Cooper Group, Johnson spent six years as executive vice president at OneWest Bank.

 

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