""Clayton Holdings LLC"":http://www.clayton.com has announced the hiring of Scott H. Kramer, a 24-year veteran of the real estate industry, as director of commercial default servicing.
[IMAGE]Clayton Holdings is a Shelton, Connecticut, mortgage industry provider of customized risk analysis, loss mitigation, operational solutions, and staffing services. Kramer will work to expand the commercial real estate special servicing business in the company's ""Quantum Servicing"":http://www.quantum-servicing.com unit in Tampa, Florida.
[COLUMN_BREAK]Former president of the Kramer Companies, a commercial real estate consulting firm, Kramer has worked as a commercial real estate developer, consultant, and real estate attorney. He received his BS/BA from the University of Florida and his JD from the University of Miami's School of Law.
""Scott's experience as a commercial real estate attorney and a commercial developer makes him an ideal candidate to lead our new commercial special servicing group,"" said Curtis Rethwisch, VP of default servicing at Quantum Servicing. ""Lenders are looking for partners with the expertise and negotiating prowess to help minimize losses and find innovative ways to work with underwater owners to avoid foreclosures and create win-win situations.""
Quantum performs primary and special servicing on prime, Alt-A, and subprime performing and nonperforming loans in the residential and commercial real estate sectors.
""Although there are tremendous issues facing the industry, Clayton's sophistication in a range of complex mortgage products and its experience in delivering effective solutions for its clients gives us the right base to expand our commercial servicing business,"" Kramer said.