LRES Corporation, a real estate appraisal, valuations, and asset management company, has promoted Molly Merchant to Vice President of Operations, REO Asset Management and HOA Services.
Read More: Chinese insurtech firm Waterdrop raises $230M, plans IPO
Ms. Merchant has spent much of her career in the REO asset management industry, holding various leadership roles and having managed and closed over 10,000 assets nationwide.
“We have incredible momentum right now and I’m excited to continue to advance the REO asset management and HOA departments for LRES. My team is comprised of successful, tenured industry experts that are committed to our clients’ satisfaction and achieving our divisional goals,” states Ms. Merchant.
Read More: Cardtronics takes over management of Triodos Bank’s ATM network
“Molly has years of experience in REO operations and is a recognized industry leader. Over the past year, she has been vital in expanding our REO asset management market share, so it was a natural decision to elevate her role within the LRES organization,” states LRES President, Mark Johnson.
“Our goal is to be the business partner of choice for our asset management clients,” states Roger Beane, CEO. “There is no one more capable of leading that charge than Molly.”
Ms. Merchant has been with LRES for over six years and has deep industry experience and well-established relationships with top servicers and other crucial REO industry participants.
Read More: PayFbit Launches ICO To Create Blockchain-based Payment And Digital Asset Management Platform
