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29 ยป VISIT US ONLINE @ DSNEWS.COM Federal Reserve Bank of Kansas City and as an assistant professor of economics at UCLA. NATIONAL COMMUNITY STABILIZATION TRUST WELCOMES NEW PRESIDENT Washington, D.C.- based non-profit National Community Stabilization Trust (NCST) announced in a press release that Robert Grossinger will be the new president of the organization, effective immediately. Grossinger will succeed Craig Nickerson, who joined NCST at its founding amidst the 2008 housing crisis and served 45 years in the housing and community development arena, the company says. Grossinger's priority in his new position will be to continue to move the organization's established market-relevant housing strategies forward, while increasing its focus on markets that are still struggling to see a housing and economic recovery. "It's truly been an honor to lead a dedicated team of professionals at NCST," Nickerson said. "I could not be more pleased with the board's selection of Rob. In my opinion, there's no better person to lead this organization forward." Prior to accepting his new role at NCST, Grossinger was VP at Enterprise Community Partners, where he provided leadership and partnership responses to the foreclosure crisis as well as the health and housing area. Prior to his role at Enterprise, Grossinger served as SVP in the corporate social responsibility group at Bank of America, LaSalle Bank, Corporation for Supportive Housing, and the Illinois Housing Development Authority. Grossinger has also served as an active member of the NCST Steering Committee since 2010. CLAYTON HOLDINGS WELCOMES NEW SENIOR MANAGING DIRECTOR OF BUSINESS DEVELOPMENT Real estate and mortgage industry services provider Clayton Holdings has announced the hiring of Suzanne Singer as senior managing director of business development. Singer, who has a B.A. in economics from e College of William and Mary, brings more than 20 years of experience in the mortgage industry to Clayton Holdings. Prior to coming to Clayton, she was the EVP of sales and marketing for Litigation Guard, a provider of mortgage-risk lending risk management tools and technology services. She began her career at Freddie Mac as a specialist in the community development investment group and went on to hold various client management and business development positions with Auction.com, Wingspan Portfolio Advisors, GMAC-RFC, and Option One Mortgage Corporation. As senior managing director of business development with Clayton Holdings, Singer will report directly to Tom Donatacci, EVP of sales and marketing, and will be responsible for Clayton's customer base as well as developing and executing strategic initiatives with Radian Group Inc., Clayton's parent company. "As Clayton and our subsidiaries, Green River Capital and Red Bell Real Estate, expand the sophisticated solutions that we can offer to the market, we are growing our consultative and supportive sales team," Donatacci said. "I'm confident Suzanne's experience and commitment to customer service will make her an excellent addition to our team and help us identify and drive strategic initiatives that will better serve our clients and the industry." Clayton Holdings, headquartered in Shelton, Connecticut, provides information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service, and monitor loans and asset- backed securities. Clayton offerings include risk-based analytics, residential and commercial loan due diligence, consulting, surveillance and staffing solutions. ASPEN GROVE SOLUTIONS APPOINTS NEW SVP OF BUSINESS DEVELOPMENT Aspen Grove Solutions (AGS) recently announced in a press release the promotion of Ron Briggs to the position of SVP of business development, effective immediately. Aspen Grove is a leading enterprise provider of property-related technology solutions for REO, short sale, asset management, inspections, property preservation, vendor management, and compliance. Briggs has been with AGS since earlier this year, the company reported. He brings 25 years of experience from the real estate industry, specifically the mortgage servicing and default space. "Ron has been a great asset since he joined, his rapid promotion within the company is a reflection on his unquestionable ability and shared values," said Ed Buckley, president of AGS. "We are ready to continue with the success of Aspen Grove Solutions and further deepen relationships with our clients by understanding, predicting, and reacting to their needs better than anyone else." In his new position, the company says that Briggs will support clients to ensure AGS delivers purpose-fitting solutions in a timely and cost effective manner, that are easy to use and quick to implement with the assistance of his business development team. As the head of AGS business development, Ron Briggs will report to AGS' president Edmond Buckley and becomes a member of the senior leadership team, AGS reported. OCWEN ADDS NEW INDEPENDENT DIRECTOR TO BOARD Ocwen Financial Corporation, one of the country's largest non-bank mortgage servicers, announced the appointment of Alan J. Bowers as a new independent director to the firm's Board of Directors, according to an announcement from Ocwen. "We are pleased to welcome Alan Bowers to our Board of Directors," commented Ronald Faris, President and CEO of Ocwen. "We look forward to leveraging Alan's background and expertise, including his years of service on audit and corporate governance committees, to further Ocwen's long-term strategic goals." Bowers has a Bachelor of Science in Accounting from Montclair State University and a Master's in Business Administration from St. John's University. He has been a certified public accountaint since 1978. His previous positions, before his retirement in 2005, include President, CEO, and board member of private equity- backed staffing service Cape Success from 2001 to 2004; President, CEO, and board member at marketing and sales support service firm MarketSource and at life insurance firm MBL Life Assurance Corporation. Bowers has also served on boards as Audit Committee Chairman for temperature controlled logistics firm Refrigerated Holdings, Inc; trucking and logistics company Roadlink; and Canadian trucking and logistics company Fastfrate Holdings. "We are delighted that Alan is joining Ocwen's Board of Directors," said Barry Wish, Non-Executive Chairman of Ocwen's Board of Directors. "His accounting expertise and diverse corporate management experience will prove invaluable assets to our Board and the future success of Ocwen."