Former FHA official Joe McCloskey joins the firm of Dimont & Associates
Dimont & Associates, a national claims management company, has announced that it has engaged the services of Joe McCloskey, a well-respected industry veteran, for strategic business initiatives. Through this agreement, McCloskey, former head of the Office of Asset Management at the Federal Housing Administration (FHA), will be applying his extensive industry expertise to assist with Dimont's overall strategic growth initiatives. "Joe McCloskey offers a proven track record and extensive experience evaluating operations in conjunction with multiple servicing requirements, and will be a valuable partner in helping Dimont further expand our services, especially regarding FHA portfolios," said Bernie Dimont, chief executive officer of Dimont & Associates. McCloskey formerly headed the Office of Asset Management at FHA, where he was responsible for federal policies related to FHA mortgage servicing and property disposition. He established FHA's loss mitigation program, lead FHA's outsourcing effort for U.S. Department of Housing & Urban Development (HUD) real estate-owned (REO) management and disposition, and directed HUD bulk sales of single family residential mortgage notes. McCloskey served as FHA's Acting Deputy Assistant Secretary for Single Family programs from April 2004-May 2005, and again in May 2006. Prior to his retirement from federal service in May 2006, he was awarded the Federal Government's Distinguished Service Award in recognition of his contributions to the federal government's housing programs. "I look forward to working closely with Dimont & Associates to help ensure the continuity and growth initiatives of Dimont's outstanding services," said McCloskey. "Dimont & Associates has established itself as the national leader in maximizing claim benefits for its customers, while ensuring the integrity of its operations and maintaining complete accreditation of both the company and its staff. This is a forward thinking company which is taking the initiative to make certain that best practices are in place to meet changing market demands." For more information, visit www.dimontandassociates.com.