The National Mortgage Servicing Association (NMSA), has announced the installation of John Vella, CRO at Selene Finance, as Chairperson for 2024-2026.
NMSA is a nonpartisan organization driven by senior executive representation from the nation’s top mortgage servicing organizations. The association was established for the purpose of driving progress and change on key challenges that face the mortgage servicing industry.
Vella assumes the role of NMSA Chair from Jocelyn Martin-Leano, President and CEO of Enizio Strategies LLC.
“I consider it an honor and privilege to be named Chairperson of NMSA—an organization that has some of the nation’s best and brightest business leaders supporting the mortgage sector,” said Vella. “I honor the accomplishment of past chair’s by continuing down the path they have forged.”
As CRO at Selene Finance, Vella is responsible for driving revenue generation through ongoing leadership of sales, marketing, client management, and product innovation. He brings more than two decades of industry experience leading organizations, and delivering exceptional results across multiple industries to his new role with NMSA.
“John’s experience and impact will have a positive influence on NMSA and the mortgage industry as a whole,” said Wes Iseley, Senior Managing Director of Carrington Holding Company. “We are fortunate to have him at the helm.”
Prior to joining Selene, Vella served as Chief Revenue Officer of Altisource, and before that, served as COO of Equator LLC. He began his financial services career with the Federal Deposit Insurance Corporation (FDIC) and Freddie Mac. He later served as Chief Sales Officer for H&R Block’s mortgage company, CEO of Household International’s Automotive Business, President and CEO of Bear Stearns EMC Mortgage Company, and as EVP for Special Servicing of GMAC/RESCAP.
“I’ve had the privilege of knowing John, for nearly three decades, working by his side during our tenure at Freddie Mac. His commentary and insights are both sought after and widely respected across the industry,” said Ed Delgado, Chairman Emeritus of Five Star Global and Managing Director of Mortgage Policy Advisors. “NMSA will continue to thrive under the steady hand of John’s guidance and leadership.”
As Chair of NMSA, Vella will bring together decision-making executives from across the nation to drive the conversation on shaping the American housing industry into something better for homeowners. Under Vella’s leadership, NMSA will encourage servicers to work together on creating solutions to issues that face the entire mortgage industry.
“On behalf of the NMSA membership group and the Executive Council, we want to thank Jocelyn Martin-Leano for her contributions and transformative leadership,” Delgado added. “During her time as Chairperson, NMSA grew to its largest level of industry participation since its founding in 2011.”
