Cave will report on to Kurt Johnson, the corporate’s EVP and CFO. Cave joins the corporate with greater than three a long time within the federal banking regulatory sector, serving in varied management roles on the Federal Housing Finance Company (FHFA) and Federal Deposit Insurance coverage Company (FDIC).
In 2023, when Cave was the chief fintech officer on the FHFA, he spearheaded the company’s first tech dash, which introduced collectively “specialists and practitioners from the expertise and the mortgage finance sectors to resolve a standard problem,” in keeping with the web site.
That first tech dash requested how information digitization would possibly drive transparency and enhance entry, equity, affordability and sustainability in mortgage lending. The FHFA continued internet hosting the tech dash in 2024, when the theme was how gen AI may very well be leveraged to resolve housing affordability.
Cave authored an articles on fintech adoption for HousingWire and has been a visitor on the HousingWire Day by day podcast.
A graduate of Bryant College, Cave was a principal at Piedmont Threat Advisors, LLC, a agency he based, that delivers strategic advisory companies for monetary establishments on their enterprise technique and implementation.
In his new function, Cave will collaborate intently with regulators, trade associations, advocacy teams and authorities businesses to assist Mr. Cooper’s clients.