Friday, November 11, 2011

MMREM Names New Executive

Matt Martin Real Estate Management (MMREM), Arlington, Vir., a national asset management and disposition firm, has named mortgage industry veteran Timothy Walsh to the position of executive vice president. Walsh was also named as executive vice president of Sperlonga Data & Analytics, MMREM’s affiliate company that provides solutions for the growing problem of homeowners associations' (HOAs) claims for unpaid association fees.

Walsh will serve as a key member of MMREM’s executive team and will report directly to CEO and founder, Matt Martin. He brings over two decades of real estate, lending and default management experience to MMREM and Sperlonga, as well as extensive expertise in business development.

Most recently, Walsh served as president and chief executive officer of UnitedTechLender Services LLC, a national default services company specializing in outsourcing, fulfillment and technology solutions for homeowner defaults. Under Walsh’s leadership, UnitedTechLender increased monthly revenues by 144 percent.

Walsh also held senior executive positions at First NLC Financial and Global Bancorp.

“Tim comes to us with a very solid background in multiple facets of the mortgage industry, including originations, title insurance, and default servicing,” said Martin.

Walsh says he was drawn to MMREM and Sperlonga because he believes both businesses address critical needs in today’s market.

“Asset management in the REO sector will only continue to become more important as the industry moves through unprecedented levels of foreclosures,” Walsh said. “And Sperlonga provides a much-needed service by offering a solution to the growing problem of HOA claims for unpaid fees. HOA claims often hinder resale efforts, causing delays in closings and increasing costs for lenders and servicers. I’m very excited to be joining a company that solves these issues so effectively."

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