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BestAssets Taps REO Veteran to Head Asset Management Services

""BestAssets"":http://www.best-assets.com/ has named Melvin Siemer to the position of EVP and director of asset management services, responsible for the national strategic growth of the company's operations and business development.

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Siemer leads a team of REO and default servicing professionals that service national, regional, and community banks, as well as credit unions and mortgage servicers. He also works closely with a national network of real estate brokers, subcontractors, appraisers, and property inspectors to provide REO default services and other complementary products.

Siemer brings with him over 30 years of broad-based REO experience, including the management and marketing of REO inventory nationwide. He previously served as EVP of Foreclosure Management Co./Nations REO.

In addition, Siemer was responsible for mortgage loan production nationwide and P&L as national production manager for Fremont Investment and EVP at Centex Home Equity, currently operating as NationStar Mortgage LLC. He has also held senior management positions at Citi.

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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