Skip to main content

Molly Merchant Named REO Manager of Asset Management for LRES

NationalMortgageProfessional.com
Dec 03, 2015
LRES has announced that Molly Merchant has been promoted as its new REO manager of asset management

LRES has announced that Molly Merchant has been promoted as its new REO manager of asset management. Merchant will manage various employee relations activities including staffing, training and policy and procedure implementation in order to drive client satisfaction in the Asset Management/REO department for LRES. Merchant also ensures smooth management of every stage of the REO process, including ordering the BPO; listing/marketing the property; negotiating offers; and effectively working with attorneys, clients, buyers and title companies in order to obtain a successful close of escrow.

Merchant has extensive experience in the management of REO liquidation and loan servicing process. Prior to her new position with LRES, Merchant held the position as a title and closing specialist for the company. She has also served as a rate lock and UW support supervisor and an REO unit supervisor for JP Morgan Chase. Prior to that, she served as a senior REO manager for Citi Residential Lending, Inc.

“Molly’s extensive experience and expertise in the REO, escrow, title, appraisal, rate lock and underwriting support process further strengthens LRES’ REO department and ensure effective collaboration with her staff and other parties involved in the successful liquidation of the subject property,” said Roger Beane, CEO of LRES.

Published
Dec 03, 2015
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
Oct 21, 2021
New American Funding Hires Regional Manager

Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region

Industry News
Oct 21, 2021
Rocket Pro Announces Initiatives To Boost Brokers

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021