Old Republic appoints new head of REO
Old Republic (ORI) hired Scott French as its senior vice president of REO services this week. French will oversee the REO operations for the company and will report to Carl Brown, president of default management services. French will be based in the Dallas office. French previously served as a default executive at Citigroup (C) and JPMorgan Chase (JPM), handling REO, foreclosure and valuation operations. "We are thrilled to have Scott join our team," Brown said. "With over a quarter century of experience, he knows all facets of our business. We are confident in his abilities to lead our REO services division." Write to Jon Prior. Follow him on Twitter @JonAPrior.