LRC Asset Management Announces Executive Hires

SCOTTSDALE, Ariz. - Oct. 30, 2013 - PRLog -- LRC Asset Management, a majority-owned company of Loan Resolution Corporation, today announced that Jason Dow has been named Vice President of REO Operations, and Natalie Drosi has been named Assistant Vice President of Closing Oversight. The new additions to the executive team will be based in the company’s Scottsdale headquarters.

Loan Resolution Corporation, a nationwide asset disposition firm known for its proprietary RealtyRecon management, is one of the nation’s fastest-growing companies. A four-year growth rate of 5,222% recently placed LRC on INC. Magazine’s prestigious INC 500 list for a second consecutive year.

“We are committed to developing a team of All-Stars,” said Ty Reed, managing partner of LRC Asset Management. “We are thrilled to add two exceptional industry veterans to the LRC family.”

With more than 15 years of default experience at some of the nation’s largest financial institutions, Dow has been responsible for the operational oversight of several REO platforms, monitoring analytics, and playing an integral role in their growth.

In Drosi’s newly created role, she will be responsible for monitoring and improving the companywide title curative and closing efforts. With more than 12 years of default title experience, Drosi worked with a government-sponsored enterprise and several top-ten banks and servicers.

“Our clients count on us to deliver the innovative and forward thinking default services they need in order to execute their business models,” said Damien Chiodo, managing partner at LRC. “Jason and Natalie know how to capitalize on the radical market changes taking place in the industry.”

For additional information about Loan Resolution Corporation or LRC Asset Management, please visit: www.LoanResolution.com or call (800) 805-1446.

About LRC Asset Management:

Founded in 2012, LRC Asset Management assists banks, servicers and government-sponsored enterprises with the timely valuation, preservation, and liquidation of distressed assets on a nationwide basis, while utilizing its groundbreaking proprietary REO-management model.

About Loan Resolution Corporation:

Founded in 2005, Scottsdale-based Loan Resolution Corporation is an innovative, full-service company for mortgages and real estate. By using its proprietary technology that provides real-time reporting for its clients, LRC specializes in processing and underwriting loans, REO asset management, construction management, property management, lending, and mortgage servicing.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including change in economic conditions of the various markets the Company serves.