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Secondary Market

Former HUD Asst. Secretary Joins Ocwen

Subprime mortgage servicer Ocwen Financial Corporation announced Thursday that Steven B. Nesmith has joined the company as SVP and assistant general counsel for strategic and government initiatives. Nesmith was most recently a partner at Holland & Knight where he served in the affordable housing, financial services, and international trade practice areas.

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Rubin Lublin Hires New Title Attorney

The Atlanta-based real estate default law firm of Rubin Lublin, LLC has announced the hiring of Erica Malcom. Malcom will join the firm as an associate attorney working within the title department. Managing Partner Glen Rubin, commented, Erica makes a strong addition to Rubin Lublin.

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NIR Names New Head of Structured Equity Investments

NIR Group, an alternative investment firm that manages a variety of strategies including direct equity investments, announced on Tuesday that David Ratzker has joined the firm as portfolio manager to head the firm’s structured equity investments.

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Gerner & Kearns Names New Associates

Cincinnati-based Gerner & Kearns, Co., L.P.A. (G&K) has named Margaret E. Cunningham and Erin K. McConnell as associates in the firm’s default services and real estate practice groups. Cunningham received her juris doctor from the Salmon P.

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First American Launches New Loss Mitigation Tool

First American Default Technologies, a member of The First American Corporation family of companies and a provider of host-system integration technology to the mortgage default servicing industry, launched a new loss mitigation module as part of its VendorScape suite of solutions today.

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