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18 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. turnkey SaaS solution designed specifically for mid-market customers that leverages Equator's enterprise-class platforms for REO, short sale, foreclosure, and bankruptcy. Mueller will work closely with banks, servicers, hedge funds, and investors to identify and implement the most strategic and appropriate solutions to further their business' growth. As an indispensable part in shaping the way customers leverage Altisource's extensive offerings, Mueller also utilizes the "One Altisource" model to provide multiple solutions to Equator customers. ELLIE MAE CFO MATTHEW LAVAY RESIGNS Ellie Mae, a cloud-based platform provider for the mortgage-finance industry, announced today that Matthew LaVay, EVP and CFO, is leaving the California-based company effective June 15, 2018, for personal reasons. ere are no issues involving the company's financial results, internal controls, or financial-reporting procedures that led to LaVay's departure, Ellie Mae reported. e company also announced that there is no change to its financial guidance for the second quarter and full year 2018, which it first provided when it reported its first-quarter earnings on April 26, 2018. Popi Heron, VP and Corporate Controller, has assumed the role of interim CFO. "We have a strong bench of talent in our finance organization and are pleased to have Popi lead our financial operations on an interim basis to ensure a smooth transition as we conduct a search for our next CFO," said Jonathan Corr, President and CEO. "We thank Matt for his contributions to Ellie Mae over the last six years." LRES CORPORATION BRINGS INDUSTRY VETERAN TO TEAM LRES Corporation, a residential and commercial real estate services company that provides nationwide valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, has welcomed Frank Obregon as its commercial appraisal manager. Obregon holds nearly 40 years of experience in the commercial real estate industry, and before joining the LRES team, served as director of commercial valuation for PCV Murcor, where he managed appraisal-report and appraisal-review production, training, client interface, budget, staffing, and more. Prior to that position, Obregon held a regional manager role with Ameriquest Mortgage. "Frank's advanced knowledge and proven success in the commercial real estate industry make him a valuable addition to our team as LRES continues to expand offerings and create efficiencies in the commercial-valuation industry," Mark Johnson, President of LRES, said. LEGAL NEWBOLD ADVISORS PROMOTES ROBERT SIMPSON TO PARTNER Newbold Advisors, LLC has promoted Robert Simpson to Partner "in light of continued demand for effective Human Capital Solutions in the Financial Services Industry," according to a statement. Simpson has more than 20 years of senior management experience in the financial services industry, including extensive international work in India, Panama, and the Philippines. Robert was previously the Chief Operating Officer at a regional default services law firm. Prior to that, Robert held executive roles with CMS Holdings, Lehman Brothers, Aurora Loan Services, and RBMG. "e advancement of Robert Simpson to Partner overseeing Outsourcing Services, including our Claims Outsourcing business, reflects our strategic focus on providing state- of-the-art, technology-driven BPO services to the mortgage industry," Dan Reiman, Founding Partner, said. Keep up with who's doing what and who went where THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com.