Guaranteed Rate taps former HUD exec as chief risk officer

Guaranateed Rate, the Chicago-based mortgage lender, on Thursday appointed former U.S. Housing and Urban Development (HUD) executive Joseph Grssi to the post of chief risk officer. In his new position, Grassi will oversee risk management at the company and help the rest of the mortgage lender’s management team orchestrate growth. He will work with department heads across the company, including credit, internal audit, compliance and legal. Most recently Grassi was principal deputy general counsel…