Walt Kieschnick of Selene Finance Named HousingWire 2016 Rising Star

HORSHAM, Pa., June 1, 2016 /PRNewswire/ -- Selene Finance LP is proud to announce that Walt Kieschnick, vice president, portfolio management, has been named a HousingWire 2016 Rising Star. The publication's annual list recognizes 50 professionals representing the best young leaders in the mortgage industry — in lending, servicing, investing and real estate.

"Walt has been instrumental in implementing key operational changes, led multiple process improvement initiatives and continually provides valuable insight to help drive Selene's success," said Tom Donatacci, executive vice president, business development a Selene. "Throughout his tenure here, Walt has proved an invaluable teammate and leader, dedicated to his clients and their needs."

Kieschnick successfully manages the relationship of several key strategic partners of Selene Finance including large Wall Street funds, international banks, and mortgage insurance companies that have an active portfolio of over $5.5 billion in UPB. He excels in this role, maximizing returns for clients while providing quality customer care to homeowners.

"This year's Rising Stars award winners impressed us with the depth of their experience and the innovation they bring to their workplaces," Sarah Wheeler, HousingWire Magazine Editor, said. "Their accomplishments contribute directly to the success of their companies, whether they work in compliance, sales, legal, technology or any other part of the housing industry."

Selene Finance uses proprietary technology combined with unmatched customer service to propose flexible and creative servicing strategies to address the different needs of nonperforming, re-performing, REO, and performing loans. Selene is able to service in all 50 states and has approval to service Fannie Mae, Freddie Mac, Ginnie Mae and Federal Home Loan Bank loans.

About Selene Finance:

Selene Finance (www.selenefinance.com) was founded in 2007 and is a trusted name in the specialty servicing business.  Selene is owned indirectly by investment funds managed by two respected names in the investment management industry — Oaktree Capital Management, L.P. and Ranieri Partners Management. Selene is one of only two servicers in the country selected to be a Ginnie Mae Single Family Master Sub-servicer. Selene has more than 500 employees at locations in Houston, TX; Jacksonville, FL; and Horsham, PA.

SOURCE Selene Finance

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http://www.selenefinance.com