Bloomberg Law
Sept. 21, 2020, 10:02 AM

Mortgage Giant Restocks General Counsel Role During Pandemic

Brian Baxter
Brian Baxter

Guaranteed Rate Inc., one of the largest retail mortgage lenders in the U.S., hired Sidley Austin partner Frank Favia Jr. as general counsel.

Favia joined the Chicago-based company this month as mortgage lenders across the country cope with a surge in demand amid the coronavirus pandemic.

Abigail Hart, a Guaranteed Rate spokeswoman, said the company has expanded its legal department to support its “rapid growth and new ventures.”

Favia takes over from Neil Hayes, who remains with Guaranteed Rate as chief counsel for corporate, a role that Hart said will see him focus on corporate and transactional matters.

Neither Hayes, ...

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