""Porthos Portfolio Management, LLC"":http://www.porthosportfolio.com, a privately held capital and asset management company headquartered in Irvine, California, recently announced Robert Willis has been named COO. Willis joins a team of industry professionals from the financial services sector specializing in distressed debt and the residential real estate space.
Willis' experience includes mortgage lending, servicing and fulfillment operations, and collections. He has held multiple executive management positions during his 18-year career. Most recently he was SVP of default[IMAGE] [COLUMN_BREAK]
management for Vericrest Financial, a national specialty servicing company owned by Hudson Advisors/Loan Star Funds.
He also held senior positions at Kondaur Capital, People's Choice Financial Corporation, Aames Capital, and Acoustic Home Loans. Willis has led high-performing business platforms that include divisions which were built up from the ground floor. These divisional launches involved overseeing and managing multi-billion dollar portfolios.
Porthos Portfolio Management is a residential distressed debt and asset management service provider and as COO, Willis is responsible for expanding its reach into the residential mortgage-backed securities market and serving clients' complex needs of providing both homeowner retention strategies and dignified exits for liquidations.
As a privately owned entity, the company creates, identifies, acquires, or invests in distressed mortgage-backed asset service companies and portfolio management services, and partners with financial institutions, banks, and servicing platforms nationwide to address their distressed real estate needs.