Steve Covington serves as Executive Vice President and Chief Risk and Compliance Officer for Mr. Cooper Group. Steve joined Nationstar in 2015 as its Chief Compliance Officer and in 2018 took on the role as its Chief Risk and Compliance Officer. He has more than 30 years of mortgage industry experience most recently serving as an Executive Director of Risk Management within Morgan Stanley’s residential mortgage business. Prior to Morgan Stanley, Steve was a Senior Vice President and Director of Quality Control and Compliance at First Horizon Home Loans and Fleet Mortgage Corporation. Steve also spent over a decade as a Federal banking regulator at The Office of the Comptroller of the Currency, The Federal Deposit Insurance Corporation and The Office of Thrift Supervision.
Steve holds a B.S. in Banking and Finance from the University of South Carolina and an M.B.A. in Corporate Finance from the University of Dallas.