LRES, a company that specializes in national REO and appraisal management while offering property valuations, asset management, HOA and technology solutions for the mortgage industry, recently made two new hires.
Based in Orange County, California, LRES announced that Ed Skornik has been appointed as new regional Vice President of sales for the Dallas/Fort Worth office.
“Ed’s diversified management experience in loan servicing and sales will be a huge asset to LRES as we continue to grow,” said Roger Beane, CEO of LRES. “His past successes in servicing operations including REO auctions and REO marketing management will help bring our REO department to the next level and better serve our customers.”
In his new role, Skornik will be overseeing the regional sales team, while also developing and implementing sales strategies to ensure overall profitability, according to a press release issued by the company.
Prior to joining LRES, Skornik spent over 20 years in the financial services industry, serving as a consultant for various loan servicing operations throughout the country.
In addition to Skornik’s hiring, LRES has also brought on Damon Paxson as its vice president of Homeowner Association (HOA) Services. He will be responsible for managing all LRES HOA-related products and functions which include HOA indentation, HOA monitoring, HOA estoppel services, HOA negotiation services, and payment of arrears and monthly payment services.
“Damon’s impressive background and past responsibilities further strengthen LRES’ HOA department as he monitors and manages the flow of HOAs and deadlines; ensures adherence to all specific state, local and county ordinance requirements; and mobilizes our HOA team to grow,” said Beane.
Paxson brings along a bevy of experience which includes stints as the Senior Vice President of Operations for Bank of America, where he supervised up to eight sites and 13 unit managers, and also as senior vice president of a diversified mortgage services company.