Greenwood will report to E. Todd Chamberlain, who will become PNC Mortgage’s president and chief operating officer Aug. 8. The latter man will operate out of Chicago, executives said.
“Todd and Mike’s depth of experience will help us manage the challenges of today’s mortgage banking environment and grow the mortgage servicing portfolio,” said Sy Naqvi, chief executive of PNC Mortgage. “They are great additions to the mortgage leadership team, as we continue to integrate the mortgage business into the rest of PNC Financial.”
According to a news release, Greenwood will be oversee PNC Mortgage’s servicing organization with overall responsibility for its operations units in Miamisburg and Jacksonville, Fla.. He also will be the senior executive in Miamisburg.
Core servicing, collections and loss mitigation, late stage default, and shared services will report to him, the release states.
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