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Clayton Holdings Announces Executive Appointments

""Clayton Holdings, LLC"":http://www.clayton.com, a provider of loan due diligence, surveillance, and consulting services to the mortgage industry, announced Monday that Joe D'Urso has been named president and COO of the company, effective immediately. D'Urso will oversee all of Clayton's U.S. business units and report to Paul Bossidy, who remains CEO of Clayton.

""Joe has done a superb job leading our Green River Capital (GRC) subsidiary since Clayton acquired that business in early 2012,"" Bossidy said. ""I have no doubt that Joe will[IMAGE] [COLUMN_BREAK]

continue that outstanding performance as he assumes responsibility for Clayton's U.S. business units, including GRC. He is quite familiar with the Clayton suite of offerings as he used the company's services for many years as a client.""

D'Urso has 23 years' experience in the financial services industry, having served in leadership roles for companies such as Merrill Lynch and Goldman Sachs.

Lorenz Schwarz has been named president of ""GRC"":http://www.greenrivercap.com in addition to his current role of COO of that business unit. Schwarz, who has served as GRC's COO since 2012, is now responsible for managing all of GRC's day-to-day operations.

""Lorenz has done an outstanding job since joining GRC a couple of years ago,"" Bossidy said. ""With 25 years of experience in the REO industry, he has displayed unmatched domain knowledge and a deep commitment to world-class customer service.""

The company says these organizational moves will not affect Clayton or GRC clients or relationship management efforts.

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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