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Green River Capital Names New Chief Operating Officer

""Green River Capital"":http://www.greenrivercap.com (GRC), an REO asset management and loss mitigation provider headquartered in West Valley, Utah, announced recently that Lorenz Schwarz has joined the company as chief operating officer.

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In addition to managing the operations of GRC, Schwarz will also supervise the operations of GRC's sister firms ""Green River Financial"":http://www.greenrivercap.com/services/Short-Sale-Program.aspx (GRF), a short sale company, and ""Infinity Valuation Services"":http://www.ivsbpo.com/ (IVS), a BPO provider.

Schwarz brings more than 20 years of experience in the commercial and residential mortgage servicing industries to his position.

""Throughout his career, Lorenz has been deeply involved in many aspects of the mortgage industry in addition to REO management, including collections, loss mitigation, foreclosure, valuation, and claims management,"" said Joseph D'Urso, president of Green River Capital.

Prior to joining GRC, Schwarz was president of Phoenix Asset Management, LLC. He has also held management positions with some of the industry's top servicers.

Schwarz served as director of REO for Salt Lake City, Utahâ€"based Select Portfolio Servicing, VP of REO for Oregon's Wilshire Credit Corp., and director of real estate at J.E. Robert Co. in McLean, Virginia.

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.
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