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DS News September 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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ยป VISIT US ONLINE @ DSNEWS.COM 17 diversifying the company's current REO Disposition and Marketing Analysis services. Merchant produced industry leading numbers in 2018 by reducing Days Vacant to List by 30%, increasing the Sales Price to Current Value by 7%, and by reducing the Average Days to Close to under 32 days. "I truly appreciate the recognition for my hard work as well as for the opportunity to lead the REO and HOA divisions as Senior Director. My team continues to produce strong numbers and remains focused on providing best-in-class customer service. It is a privilege to work for LRES, and I look forward to continuing to work closely with my team to execute the organization's strategic goals," Merchant said. THERESA SLOAN TO HEAD VOLLY'S CLIENT SERVICES Volly, a provider of SaaS-based marketing automation, CRM, and POS solutions for banks and mortgage companies, announced the appointment of eresa Sloan as SVP of Client Services. As a member of Volly's executive leadership team, Sloan will manage the company's enterprise-wide client services teams and client relationships. Sloan brings over 25 years' experience in mortgage banking and financial services to Volly. Previously, she served as Director of Engagement Services and Professional Services at Ellie Mae. "Our innovation and aggressive roadmap go hand- in-hand with recruiting top talent to deliver the world-class technology and marketing services the mortgage lenders need," said Jerry Halbrook, Volly's CEO. "eresa's track record, experience, and passion for client services and technology leadership make her an outstanding addition to the Volly team and corporate culture." INDUSTRY ASSOCIATIONS LISA HAYNES PROMOTED TO MBA SVP e Mortgage Bankers Association (MBA) has promoted Lisa Haynes, CFO and Chief Diversity and Inclusion Officer to SVP, the organization announced recently. Haynes joined MBA in October 2014 as VP and CFO, leading the association's Accounting and Finance team. She is responsible for collecting, maintaining, and reporting accurate financial information on behalf of MBA as well as overseeing the association's current financial structure. In 2018, she added the role of Chief Diversity and Inclusion Officer and led the development of MBA's internal and external diversity and inclusion strategy. "Lisa is a key member of MBA's Senior Management Team, and our association is stronger because of her strategic thinking, expertise, and experience," said Robert Broeksmit, CMB, President and CEO of MBA. "Not only has she ensured MBA's financial future will remain strong, but she has led our association's effort to promote diversity and inclusion both within MBA itself and in the real estate finance industry at large." LEGAL KORDE & ASSOCIATES ADDS TO NEW ENGLAND TEAM Korde & Associates, PC, recently welcomed three new associate attorneys to their New England practice. Carrie Folsom joined Korde's office in Maine with expansive knowledge and experience within the default servicing industry. Licensed in three New England states, Folsom's practice has included trials, mediations, and residential and commercial transactional work, in addition to being a licensed title agent in Maine, New Hampshire, and Vermont. John Fahey, based out of the firm's Connecticut office, brings decades of default industry expertise representing creditors throughout Connecticut. His background includes debt collection litigation, real estate closings, replevins, foreclosure, and creditor bankruptcy law. Finally, Erika Hoover joined the Korde team to oversee the firm's compliance and foreclosure practice. She brings experience as a former senior claims counsel at a nationwide title underwriter in addition to foreclosure and compliance management. "We're very excited to bring these seasoned and talented attorneys to the Korde team," said Jeremy Lipford, Director of England Operations at Korde & Associates. CLOUDVIRGA HIRES NEW CHIEF FOR LEGAL AND COMPLIANCE Cloudvirga, a provider of intelligent point-of- sale (POS) mortgage technology, announced the appointment of Maria Moskver as Chief Legal and Compliance Officer. With over 20 years' experience in compliance and regulatory matters for financial services technology companies, Moskver has a strong track record of establishing a culture of compliance. "Because Cloudvirga technology touches every part of the mortgage workflow, from point-of-sale through closing, it is critical that we take compliance every bit as seriously as do our customers, so we are very excited to have Maria join our team," said Michael Schreck, CEO of Cloudvirga. "Her deep understanding of the mortgage industry's legal and regulatory complexities will ensure that Cloudvirga builds on our leadership position for years to come." ELIZABETH GREEN JOINS LOANLOGICS Pennsylvania-based LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, has appointed Elizabeth Green as Chief Collateral Officer. In this role, she will be responsible for the company's product strategy for collateral assessment solutions. "Liz will play a vital role in expanding our product offerings by deepening our collateral assessment capabilities and overall product strategy," said Dave Parker, Chief Product Officer, LoanLogics. "Today's collateral valuations and assessments are more data intensive and technology oriented than ever before. Liz brings her skills and extensive experience in developing solutions for mortgage lending and property valuation to collateral compliance. We're thrilled to have Liz as a member of LoanLogics' leadership team." LRES PROMOTES REO EXPERT LRES, a national residential and commercial mortgage services company, announced the promotion of Molly Merchant to Senior Director of REO Asset Management. Merchant currently oversees the operations for both REO Asset Management and HOA Solutions at LRES Corporation. As Senior Director, Merchant is focused on expanding the company's REO division and

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