Fintech company Stavvy hired Angel Hernandez as head of industry and regulatory affairs. He will be responsible for overseeing Stavvy’s public policy engagement and strategic industry partnerships.
“We couldn’t be welcoming Angel to Stavvy’s leadership team at a more perfect time,” Stavvy co-founder and CEO Kosta Ligris said in a release. “With his broad regulatory expertise, he is uniquely positioned to identify the challenges the industry is facing and articulate the opportunities that exist to create a faster, more efficient, more secure experience for consumers. We’re excited to have him on board as we build our technology that puts people first.”
Before Stavvy, Hernandez served as vice president of capital markets with the Housing Policy Council, where he focused on issues impacting mortgage securitization, capital markets, and the adoption of technology and innovation in housing finance.
Prior to that, he was the director of MBS programs at Ginnie Mae, where he led the agency’s policy development. He was responsible for implementing securitization platform updates, overseeing legislative and regulatory issues, managing stakeholder engagement strategy, and spearheading key strategic initiatives, including the agency’s COVID-19 policy response and its launch of the eNote and digital collateral program.
“I’m excited to be joining Stavvy at such a pivotal time in the evolution of our industry and this company,” Hernandez said. “I am eager to do my part to help existing and prospective homeowners as well as the mortgage firms who serve them by delivering products that increase visibility, quality, and efficiency in housing finance.”