Industry consulting firm MTG Services announced the hiring of Richard Bitner as the organization’s chief strategy officer, and Scott Myers as executive vice president.
“Richard and Scott come to MTG Services with decades of experience spanning all facets of mortgage origination and servicing,” said James Zeldin, president of MTG Services. “Their collective ability to blend strategy, analytics, operations and business development is something rarely seen in the industry and we are excited to have them on the team.”
Prior to joining the Atlanta-based company, Bitner (photo below, top) was president of HousingWire.
Prior to that, he managed Kellner Mortgage Investments, a Dallas-based wholesale mortgage company. He is also the author of Confessions of a Subprime Lender: An Insider's Look at the Mortgage Collapse.
“In this era of financial uncertainty every mortgage company, loan servicer and bank is worried about saving money and driving cash to the bottom line,” Bitner said. “MTG Services developed revolutionary spend management methodologies enabling its clients to significantly reduce operating expenses while simultaneously improving performance.”
Myers (photo below, bottom) has more than 30 years of industry experience and most recently served as the executive vice president of operations for BSI Financial. Before joining BSI, he was the president of RSVP and Standard Trust Deed, two privately held organizations that provide national foreclosure-related services. Myers is also a recognized industry expert in of mortgage origination, loan servicing, default management and title services.
“MTG Services only gets paid when our clients save money,” Myers said. “Once engaged, we quickly assess existing vendor spend, identify immediate and significant cost savings opportunities and manage the cost containment process through implementation. Our willingness to accept the execution risk demonstrates our commitment to our clients and our ability to deliver substantial value.”