Kicking off this week’s string of senior leadership hires, InterLinc Mortgage Services promoted to CEO Gene Thompson, who has served as president since 2010. Thompson replaces James VanSteenhouse, current CEO and company founder, who will transition to the role of chairman of the board.
Thompson led the company through its most successful year ever, funding over $2.5 billion in annual production in 2020, with 73% coming from purchase originations. Thompson started his mortgage career as an originator, working his way up to regional manager, eventually starting his own firm, Texas Capital Lending.
Invictus Capital Partners, an alternative investment management firm, appointed Doug Kinney as senior managing director, head of investor relations. Kinney most recently served as managing partner and co-head of the capital raising and investor relations team at BentallGreenOak, and brings more than 25 years of experience to his new role.
Kinney has also held senior leadership positions at The Carlyle Group, Greenhill & Co., Credit Suisse Real Estate Private Fund Group, Heitman/PRA Securities Advisors and Heitman/JMB Realty Corporation.
Closing out this week’s people mover announcements, Western Alliance Bank named Jim Karr as national sales manager for its correspondent mortgage solutions team, which is part of the bank’s Specialized Mortgage Services group.
In the new position, Karr is tasked with creating customized funding options to meet the needs of residential mortgage lenders around the country through a selection of specialized loan purchase programs. Karr last served at Galton Funding, where he served as a senior leader, and brings nearly three decades of experience focused on the correspondent lending delivery channel of mortgage banking to his new role.
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