DSNews The homepage of the servicing industry
Default management and residential valuation provider ""Integrated Asset Services, LLC"":http://www.iaservices.com (IAS) has named former Lehman Brothers executive Paul E. Sveen as its new CEO.
[IMAGE]A 25-year veteran of the industry, IAS says Sveen was recognized for his solutions-based approach to client relationship development.
Sveen spent 19 years with Lehman Brothers, where he held executive leadership roles in the firm's structured finance and securitization businesses, and at Aurora Loan Services, Lehman's largest residential mortgage company.
[COLUMN_BREAK]""Paul is an innovative thinker who develops and mobilizes strong teams to deliver long-range solutions,"" said Ryan Tomazin, president of IAS. ""I believe his unique understanding of the business and his extensive practical operating experience will usher in a new era for our company.""
Sveen is focused on enhancing IAS's suite of products and services to address the systemic challenges currently facing the residential mortgage industry.
""I'm honored to be taking the reins at this pivotal time for the residential mortgage industry,"" said Sveen. ""Our attention moving forward will be focused on providing innovative solutions that address the critical needs of our clients, both through leveraging our existing valuation and default services and several new initiatives we will unveil over the remainder of the year.""
Denver-based Integrated Asset Services offers end-to-end mortgage service solutions, including valuation, data analytics, reconciliation, and full cycle REO disposition.
In addition, the company's Statebridge affiliate provides custom, high-touch special loan servicing for the mortgage industry, while its IntelliReal affiliate brings real estate intelligence to the financial services market in the form of data analytics and automated property valuations.
