""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.
[IMAGE] [COLUMN_BREAK]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.