Integrated Asset Services LLC (IAS), a leader in default management and residential home collateral services, has announced that Paul E. Sveen has been appointed chief executive officer of IAS. A 25-year veteran of the industry, Sveen was recognized for his solutions-based approach to client relationship development. As part of his 19 year career with Lehman Brothers, Sveen held executive leadership roles in Lehman Brothers structured finance and securitization businesses and at Aurora Loan Services, Lehman’s largest residential mortgage company, based in Denver.
“Paul is an innovative thinker who develops and mobilizes strong teams to deliver long-range solutions,” said Ryan Tomazin, president of Integrated Asset Services LLC (IAS). “I believe his unique understanding of the business and his extensive practical operating experience will usher in a new era for our company.”
Sveen is focused on enhancing IAS’s suite of products and services by directing efforts toward addressing the systemic challenges facing the residential mortgage industry. IAS is already well-known for its market leading valuation and default services platforms, as well as its two affiliates, Statebridge, a provider of custom, high-touch special loan servicing for the mortgage industry, and IntelliReal, a provider of real estate intelligence in the form of data analytics and automated property valuations to the financial services market.
“I’m honored to be taking the reins at this pivotal time for the residential mortgage industry,” said Sveen. “Our attention moving forward will be focused on providing innovative solutions that address the critical needs of our clients, both through leveraging our existing valuation and default services and several new initiatives we will unveil over the remainder of the year. We have a great foundation at IAS and I’m excited about our opportunity to have a real impact on the industry.”