Kim and Kelly will be valuable additions to our national sales team as we continue to expand LVG’s Responsible Homeowner Reward® (RH Reward®) program.
Rumson, NJ (PRWEB) March 26, 2012
Loan Value Group LLC (LVG) today announced the hiring of Kelly Johnson and Kim Schubert as Directors of Sales. As senior sales executives, they will be responsible for the development of strategic relationships with mortgage lenders, insurers and servicers in the promotion of LVG’s Responsible Homeowner Reward® (RH Reward®) program.
With over 30 years of experience in the mortgage servicing management industry, Mr. Johnson has held senior level positions at firms ranging from SouthTrust Bank, where he helped develop an Internet lending and Loan-by-Phone start-up program, to national vendor management companies like First American Real Estate Information Services and TransUnion Settlement Service, where he covered the country’s leading mortgage institutions.
With more than 30 years in the mortgage industry, Ms. Schubert has been responsible for cultivating strategic relationships with senior level mortgage executives throughout the industry. Prior to joining LVG, Ms. Schubert served as a National Accounts Vice President and Director of Capital Markets at PMI Mortgage Insurance Company, one of the industry’s largest providers of residential mortgage insurance. Prior to PMI, Kim held a number of secondary and capital markets positions with national lenders.
“Kim and Kelly will be valuable additions to our national sales team as we continue to expand LVG’s Responsible Homeowner Reward® (RH Reward®) program,” said Frank Pallotta, Managing Partner of Loan Value Group. “They will focus on identifying opportunities with banks and servicers looking to both dramatically lower mortgage default rates and increase shareholder value, through use of LVG’s incentive-based program.”
RH Reward has the proven ability to reduce delinquency rates by more than 50% on some of the highest-risk loans in the industry without reducing principal or changing the term of the original mortgage note.
About Loan Value Group LLC
Founded in 2008, Loan Value Group, LLC is a large scale, turn-key provider of residential mortgage incentive strategies that positively influence consumer payment behavior on behalf of residential mortgage risk owners and servicers to directly address negative equity. Based in Rumson, New Jersey, LVG is the creator and exclusive provider of the Responsible Homeowner Reward® program, named one of the “50 Best Inventions of 2010” by TIME Magazine. For more information, visit Loan Value Group or contact us at [email protected].