Saxon Mortgage Services Inc. has announced the appointment of John P. Kim to lead business development. His appointment comes as Saxon repositions itself into the residential subservicing space, specializing in distressed asset servicing and non-performing asset management. In this role, Kim will focus on business development with third-party customers, promoting Saxon’s services and serving as relationship manager to banks, hedge funds, asset managers and the government-sponsored enterprises (GSEs). “We are pleased to welcome John to Saxon’s management team," said Saxon Chief Executive Officer Anthony Meola. "He is a proven sales professional and his addition to our team demonstrates Saxon’s commitment to the subservicing market and the value we place on our customers." Kim brings more than 20 years of experience in residential loan products, capital market analysis and execution for financial institutions including Bank of America and the California Federal Bank. Most recently, he was with the FDIC, involved in analyzing, packaging, placing and selling FDIC assets with partner financial organizations. For more information, visit www.saxononline.com.
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