LRES, a residential and commercial mortgage services company, has promoted Molly Merchant to senior director of REO asset management.

Merchant currently oversees operations for both REO asset management and HOA solutions at LRES. As senior director, she will focus on growing LRES’ REO division and diversifying its REO disposition and marketing analysis services.

MerchantMerchant, who has more than 20 years in the REO and real estate mortgage services industry, will continue to lead the company’s HOA division, strengthening the current lien monitoring processes and streamlining manual search efforts.

“I truly appreciate the recognition for my hard work as well as for the opportunity to lead the REO and HOA divisions as senior director,” Merchant said.

“My team continues to produce strong numbers and remains focused on providing best-in-class customer service," Merchant added. "It is a privilege to work for LRES, and I look forward to continuing to work closely with my team to execute the organization’s strategic goals.”

Most Popular Articles

NAR bans “pocket listings”

The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”

Nov 12, 2019 By

Latest Articles

MoxiWorks acquires marketing automation services company Imprev

Real estate technology firm MoxiWorks announced this week that it has acquired Imprev, a provider of real estate marketing automation services.

Nov 14, 2019 By