RICHMOND, Va., May 27, 2016 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announced that Kathleen Zadareky will lead Investor and Regulatory Strategy for SunTrust Mortgage, Inc. She will report to Mortgage President and Chief Executive Officer Dorinda Smith and oversee product development, affordable and inclusive lending, exam management, investor and regulatory relations.
Zadareky brings more than 25 years housing experience to the position, most recently serving as deputy assistant secretary and associate deputy assistant secretary, Single Family Housing for the Department of Housing and Urban Development (HUD) – Federal Housing Administration (FHA). At HUD she supervised all aspects of FHA's Single Family Housing operation, including origination, servicing, property disposition and program compliance.
Prior to her service at HUD, Zadareky was section chief of Investigations, Consumer Response at the Consumer Financial Protection Bureau (CFPB). She also spent 14 years at the Federal Home Loan Mortgage Corporation (Freddie Mac). She holds a bachelor's degree from the College of William and Mary and an MBA from Vanderbilt University.
"Kathleen Zadareky is an outstanding leader with deep and multi-faceted experience in the public and private sectors of the housing industry," said Smith. "She has a demonstrated ability to develop and influence adoption of solutions to help meet the nation's need for affordable housing. She's experienced in overseeing and optimizing risk management and core business processes including strategic planning, credit policy, servicing and change management, compliance and quality control. She will help us advance the SunTrust purpose of helping clients build financial confidence through home ownership."
The appointment is effective May 31.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses and communities it serves. Headquartered in Atlanta, the company has three business segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate and institutional clients nationally. As of March 31, 2016, SunTrust had total assets of $194 billion and total deposits of $152 billion. The company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.
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SOURCE SunTrust Banks, Inc.