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DS News_February_2023

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19 to rehabilitate and resell homes. New Western's ability to identify distressed properties and return them to market at affordable prices makes us well positioned to become valuable resources to local real estate brokers." In addition to the city's aging housing supply, St. Louis has experienced a 30% year-over-year decrease in the number of homes sold, making the area ripe for activity such as New Western's, which buys a new property every 13 minutes nationwide. "We have seen an influx of young people moving to the Midwest from coastal states in search of their first home," Murphy said. "St. Louis is anchored by several large corporations with great job opportunities, making it a prime market for investors and sellers to add much-needed inventory at affordable prices. I look forward to building the New Western team in St. Louis and working with local investors and brokers to bring new opportunities to the market." St. Louis is the 51st office opening for the real estate marketplace offering exclusive opportunities to investors looking to rehab houses. Since 2008, New Western has bought and sold more than $15 billion worth of residential real estate by leveraging data and local market insight to stock its marketplace with exclusive investment properties. EXCELERAS ADDS TO ITS CLIENT SUCCESS TEAM Exceleras, a provider of software solutions that drive the right actions at the right time to accelerate property disposition, has announced the hiring of Jeannette McWay as Customer Success Manager, serving new clients on the company's advanced asset management and disposition platform. "e addition of these new roles and experienced talent is a testament to our confidence in the future of our company," said Tom Simon, Exceleras' CEO. "is is a direct result of increased interest in our newly re-architected platform. As we grow, we want to make certain that our client partners have the support they need to realize the full benefits we've built into our platform. Jeannette and Kelli will help us achieve that goal." McWay was formerly REO/Property Preservation Asset Manager for First United Bank. Prior to that, she served as Servicing Program Manager, Asset Manager, Production Support Manager, and Outsourcing Sales Manager with several different organizations in default servicing. She started her career at HomeComings/GMAC where she held several positions over her 14-year career, including Senior Asset Manager, REO Sales Team Manager, and ultimately REO Network Disposition Sales Manager, before she was recruited by Fannie Mae. She focused most of her career on REO Operations through liquidation and brings to the table process- oriented focus and strong customer service- related skills. "is was the perfect time for this opportunity to find me," McWay said. "I look forward to helping our new and existing clients get the most out of what this team has built." Also joining Exceleras is Kelli Kysela as Manager of Customer Success. Kysela was formerly AVP and Loan Servicing Manager for First Fidelity Bank. Before that, she served as Principal Quality Systems Analyst for Conduent Business Services, Manager of Customer Relations & Vendor Performance for Loan Depot, and Customer Service Manager for Willow Bend Mortgage. She also handled vendor management, quality control, and was an internal auditor for Willow Bend. During her career, she has been involved in all aspects of Loan Servicing (boarding loans, service releasing loans, foreclosure, REO, cash processing, payoff & lien release, investor reporting & remitting, bank & general ledger reconciliations, modifications, subordinations, charge-offs, credit reporting & disputes, system testing). "I'm very pleased to be part of this team," Kysela said. "I have been part of a number of really great teams, and it has taught me what to look for in a new opportunity. What I'm seeing in the team at Exceleras has convinced me that this was the right move." CHASE PATTILLO TO LEAD MOSAIC'S BUILD-TO-RENT OPS IN FLORIDA Mosaic, an institutional- grade general contractor, has announced its expansion into Florida and the appointment of Chase Pattillo as Regional Director of Operations. Mosaic's operations will be based in Tampa and serve new build-to-rent communities throughout Florida, including Orlando and Jacksonville. Pattillo was most recently Director of Florida Land Acquisitions at DR Horton's multifamily subsidiary, DHI Communities, and previously Managing Director of CBRE's Tampa Office. Mosaic's entrance to Florida spans their construction operations to 11 markets across the nation. Florida represents an extraordinary growth opportunity for Mosaic because of the state's strong demand for rental housing. Build-to- Movers & Shakers "We have seen an influx of young people moving to the Midwest from coastal states in search of their first home. St. Louis is anchored by several large corporations with great job opportunities, making it a prime market for investors and sellers to add much- needed inventory at affordable prices." —Drew Murphy General Manager of the St. Louis office, New Western

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