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96:. Desoer led a business accounting for about 20 percent of the U.S. mortgage origination market, with a $ 2 trillion servicing portfolio serving nearly 14 million customers—nearly one in five mortgages in the U.S. She also managed Bank of America's home equity business and oversaw a leading insurance service organization.
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Prior to her mortgage role, Desoer served as chief technology and operations officer, managing the bank's global technology platforms and operations capabilities. She joined Bank of
America in 1977 and has held leadership roles in commercial lending, consumer products, retail banking and marketing.
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article reported that Desoer announced her retirement in
February 2012. Bank of America stated that due to restructuring her position would not be filled and her unit would report to David Darnell who oversees the consumer banking branch of the company.
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Desoer assumed her role in mid-2008 when she was asked to lead the integration of
Countrywide Financial Corporation, which Bank of America acquired July 1, 2008. She led the April 2009 launch of the Bank of America Home Loans brand.
111:, ranking second in their annual ranking of "25 Most Powerful Women in Banking." She was also recognized by Fortune magazine as one of the "50 Most Powerful Women in Business" and ranked third on
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was CEO for
Citibank, N.A. beginning April 1, 2014 and finished as CEO on May 10, 2019, and was the COO for Citibank, N.A. from October 2013 to April 1, 2014. She was president of
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named her one of the 100 most powerful women in the world.
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at the
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258:Mortgage and home equity position news story
214:"Bank of America's Home Loans Head to Leave"
126:She received her B.A. in mathematics from
69:Learn how and when to remove this message
32:This article includes a list of general
212:Schwartz, Nelson D. (3 February 2012).
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