WASHINGTON, June 10, 2014 /PRNewswire/ -- To support the growth in its consulting activities, today RiskSpan President and CEO Bernadette Kogler (https://riskspan.com/profile/bernadette) announced the hiring of Kathy Kelbaugh as Managing Director.
RiskSpan is known for its breadth of senior mortgage expertise at the executive level and Kathy is no exception. With twenty-five years of experience working for a leading rating agency and prominent mortgage companies, Kathy offers tremendous insight into the full spectrum of mortgage related operational and risk management activities. In naming Kathy to this critical role, Kogler successfully added an accomplished industry leader who also has the detailed knowledge built from hands-on experience the mortgage field.
Prior to RiskSpan, Kathy was most recently Vice President Moody's Corporation, where she authored Moody's RMBS securitization enhancements designed to revive the private label RMBS market including requirements for additional data from originators to improve credit evaluation, enhanced due diligence to ensure data quality, stronger representations & warranties and enforcement mechanisms to align investor and issuer interests. The SEC and former Representative Frank and former Senator Dodd did, in part, use the proposals to design rules and regulations to prevent future collapses in RMBS market.
"Kathy's knowledge and passion pertaining to the residential mortgage market is outstanding", said Ed Hughes, Kathy's former boss at GMAC Mortgage and currently President of Univest's Mortgage Banking Division.
RiskSpan is a leading advisory firm providing analytics, modeling and risk management solutions for the Consumer Finance and Capital Markets industries. RiskSpan combines industry expertise with innovative technology to bring clients expertise in market risk, credit risk, operational risk and information technology domains.
"As our firm continues to mature into a recognized industry leader for risk management services, the addition of Kathy will serve our clients well," said Bernadette Kogler, President and CEO of RiskSpan.