RECOVCO Continues To Build Leadership Team

NEW YORK, July 10, 2014 /PRNewswire/ -- National due diligence, quality control, and mortgage fulfillment provider RECOVCO, today announced the appointment of three managing directors.  Reporting to Blane Bauch, the company's chief sales and marketing officer, Michael Moore, Greg Botto, and Bill Pearson immediately bolster the business development team with coveted professionals that collectively bring nearly one century of experience and exceptional track records to the company.

In their respective roles, each will play a pivotal role in business development to grow the company's resources and service offerings nationally.

"As we continue to establish our unique and deep expertise in fulfillment, quality control, and due diligence, and with mortgage profits down, we are seeing a rising demand for our proven variable resource model of services," said Randy Lightbody, the company's CEO. "Moore, Botto, and Pearson bring an exceptional level of expertise to our team which puts us in a strong position to take advantage of existing opportunities and explore new ones.  We are clearly committed to improving our business partners' bottom line while building a business development dream team to continue our expansion efforts."

Moore brings more than 29 years' experience to this role.  Most recently, he served as COO of Genpact Mortgage Services leading all mortgage operations including Underwriting, Processing, Closing, Imaging, Call Center and other Lender Services.  He has also held executive roles at Bank of America, where he lead a team of 1,200 employees across nine US delivery sites which were responsible for $7.2B in annual production, and KPMG Consulting.

A 30 year industry veteran, Botto has held leadership roles at world-class financial services & banking companies.  As the executive vice president, North America at Quatrro Mortgage Solutions, he was responsible for P&L for the North America division, improving operational efficiencies and incorporating ever-changing compliance regulations.  He also served in executive roles at Global Network Financial Services and Franklin Templeton Funds.

Pearson boasts 32 years of broad based mortgage lending experience with extensive knowledge across all lending activities, including originations, structured finance transactions, business process improvement and project management.  Most recently, as EVP of Corporate Strategy at Advantium Capital, he was responsible for strategic partnerships and lead fulfillment needs for originators and servicers. He has also held leadership roles at ISGN and Solomon Edwards.

About RECOVCO

RECOVCO, headquartered in East Meadow, NY and with offices in Irving, TX, Orlando, FL and Las Vegas, NV, Recovco touches over 8,000 files per month, providing servicing solutions, valuations, quality control, due diligence, underwriting, fulfillment, and auditing services that banks, mortgage companies and insurance companies use to ensure the loans of today and the past are pristine and free of possible repurchase issues and in compliance with all the new laws and regulations.  

Photo - http://photos.prnewswire.com/prnh/20140710/125808
Photo - http://photos.prnewswire.com/prnh/20140710/125807

SOURCE RECOVCO

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