Chase announced on Tuesday that Darius Kingsley, the chief of the U.S. Treasury’s Homeownership Preservation Office, would join the bank as co-general counsel of mortgage banking, sharing in his responsibilities with Denise DesRosiers.
Kingsley has served as the head of the Treasury’s Homeownership Preservation Office, which oversees the federal government’s Making Home Affordable Program, since 2011, before which time he served as the office’s deputy chief and senior counsel for the Office of Financial Stability.
“Darius’ experience will be invaluable as we continue to invest in the mortgage business and focus on strengthening our regulatory and compliance framework,” Matthew Biben, general counsel for Chase’s community and consumer banking division, said. “Darius and Denise will both play valuable roles in providing strategic and transactional legal support for the Mortgage Banking business.”
Since 2009, Chase has helped more than 1.8 million homeowners purchase or refinance homes. The bank has also helped nearly one million homeowners avoid foreclosure during the same time period.