Dallas, TX, April 09, 2014 --(PR.com
)-- zIngenuity, Inc. (www.zingenuity.com
), announced today that Steve Mageras and Steve Beagles have become principals of the firm. Their promotions coincide with the growth that zIngenuity is experiencing in its mortgage services and strategic investments businesses.
Steve Mageras joined zIngenuity in 2010 when mortgage repurchase demands became the single largest financial concern for zIngenuity’s clients. Since that time, he has built a successful consulting and solutions delivery practice and oversees all of the firm’s sales and operations activities.
Steve Beagles joined zIngenuity in 2012 and has focused on business expansion and capital strategy. Since that time, he has led the acquisition of three mortgage captive reinsurance companies and has worked closely with Steve Mageras to continue to refresh and expand zIngenuity’s services.
“I am very pleased to recognize and welcome both Steve Mageras and Steve Beagles as owners of zIngenuity and am confident that their promotions will be additive for both our customers and shareholders. The integrity, skillsets, and collective experience that these professionals bring to our firm further reinforces our position in the marketplace and will stand us in good stead for future growth,” said David Reber, President and CEO of zIngenuity, Inc.
zIngenuity, Inc. is a mortgage risk consulting firm headquartered in Irving, Texas, focused on helping lenders and servicers navigate the ever changing mortgage finance landscape. Founded in 2005 by mortgage industry veterans, zIngenuity’s initial focus was to assist lenders in enhancing value and income from their mortgage insurance and captive reinsurance company investments. In 2009, the firm added defense and resolution services to its offerings and advocated for our lender clients to resolve issues related to mortgage insurance rescissions and denials, as well as investor repurchase demands.
Our service offerings have continued to evolve and now include:
· Origination & Servicing Quality Control
· Mortgage Origination Services
· Mortgage Repurchase and MI Rescission Defense
· Counterparty Due Diligence
· MSR & Loan Due Diligence
· Mortgage Analytics
· Mortgage Insurance Services
· Litigation Support
zIngenuity is also an active acquirer of run-off lender captive reinsurance companies with investments in the Turks & Caicos and Cayman Islands.
To learn more about zIngenuity, visit our website at www.zingenuity.com.