Second life

ServiceLink, a cog in the giant machine that is Fidelity National Financial, said Tuesday that former E*Trade operations director Dave Steinmetz joined the firm, where he’ll head up ServiceLink’s default title and closing operations. At E*Trade, Steinmetz managed pretty much the entire mortgage biz, from the looks of the press release. He ran mortgage operations, wholesale and retail post-closing departments and handled the company’s offshoring initiatives. Things clearly didn’t work out so well at E*Trade Financial, whose mortgage business largely led to firm to become the subject of bankruptcy rumors late last year. The company has been scaling back mortgage operations ever since as it looks to regain its foothold in the financial services industry. Here’s hoping the second turn works out better than the first.