Recovco bolsters business development team
Adds three industry veterans as managing directors
New York-based RECOVCO, a national due diligence firm and mortgage quality control and valuation service provider, continued its expansion with the addition of three industry veterans to its business development team. Michael Moore, Greg Botto and Bill Pearson have joined the company as managing directors.
All three will report to Blane Bauch, who was named the company’s chief sales and marketing officer in May.
The company said that Moore, Botto and Pearson will “each play a pivotal role in business development to grow the company’s resources and service offerings nationally.”
Collectively, the new additions bring nearly 100 years of experience to RECOVCO. Moore (pictured above) has more than 29 years of experience in various roles, including as an executive at Bank of America, where he led a team of 1,200 employees across nine U.S. delivery sites.
He joins RECOVCO from Genpact Mortgage Services, where he was chief operating officer and led all mortgage operations.
Botto (pictured left) brings more than 30 years of experience to his new position. As the executive vice president, North America at Quatrro Mortgage Solutions, he was responsible for P&L for the North America division, improving operational efficiencies and incorporating ever-changing compliance regulations. He also served in executive roles at Global Network Financial Services and Franklin Templeton Funds.
Pearson (pictured right) joins RECOVCO from Advantium Capital, where he was executive vice president of corporate strategy. He boasts 32 years of experience in various areas mortgage lending, including originations, structured finance transactions, business process improvement and project management. He has also held leadership roles at ISGN and Solomon Edwards.
“Moore, Botto, and Pearson bring an exceptional level of expertise to our team which puts us in a strong position to take advantage of existing opportunities and explore new ones,” said RECOVCO CEO Randy Lightbody. “We are clearly committed to improving our business partners’ bottom line while building a business development dream team to continue our expansion efforts."