Prommis Solutions, a provider of outsourced services for the mortgage default resolution process, has promoted five executives. Kevin Phelan, Brandy Green, Matthew Thigpen, Michelle Ansley and Steven Collier have all been promoted to new executive positions, giving them new responsibilities in support of the company's growth plans for the remainder of 2011 and into 2012.
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Prommis Solutions, LLC, a national provider of processing services for the real estate finance industry, announced this week that Charlie Piper has joined the company as COO and will assume responsibility for all Prommis Solutions operating units. Prior to joining Prommis Solutions, Piper was managing director for ePay, an electronic payments company.
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Prommis Solutions, LLC, a national provider of default processing services headquartered in Atlanta, has appointed Ed Hill as SVP of trustee services. Hill will provide executive leadership for Prommis subsidiaries Cal-Western Reconveyance Corporation, Reliable Posting & Publication Company, and Interface, Inc.
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Prommis Solutions this week announced that its subsidiary company, Prommis Homeownership Solutions, has the ability to administer some 4,000 Home Affordable Modification Program (HAMP) custom and traditional loan modifications per month. For borrowers who either fall out of HAMP or don't meet its eligibility requirements, Prommis Homeownership Solutions has the capacity to complete upwards of 20,000 short sale solicitations each month for clients, schooling borrowers on the perks and procedures of short sales.
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The housing crisis has brought with it a barrage of lawsuits, many of which are taking direct aim at the practices of default servicing firms. One such case filed in a U.S. bankruptcy court in Mississippi names Prommis Solutions and the default services arm of Lender Processing Services (LPS) as defendants. The lawsuit alleges the firms are taking part in a fee-splitting arrangement for services provided to mortgage lenders through LPS' attorney network. Both companies are standing their ground that the case lacks merit and misrepresents their services.
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Prommis Solutions, a national provider of technology-enabled solutions to the mortgage banking industry, has hired Phil Johnsen as SVP of sales and marketing. Prior to accepting his position at Prommis Solutions, Johnsen was founding partner and president of DDN Mortgage Services LLC, where he led the company's Federal Housing Administration (FHA) inspections and REO renovation services.
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Prommis Solutions, LLC, an Atlanta-based provider of technology-enabled solutions to the mortgage banking industry, has appointed John Marecki as a VP within the company's East Coast foreclosure operations unit. In this new role, Marecki is responsible for managing a multi-state foreclosure platform with an immediate focus on spearheading the company's Florida expansion efforts.
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