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John Vella serves as Chief Revenue Officer of Altisource. Previously, he served as Chief Operating Officer of Equator, LLC. He began his financial services career with the FDIC and Freddie Mac and later served as Chief Sales Officer for H & R Block's mortgage company, CEO of Household International's Automotive Business, President and CEO of Bear Stearns EMC Mortgage Company, and as EVP for Special Servicing of GMAC/RESCAP. He holds a Bachelor of Science in English from Springfield College.

Moving Out of the Comfort Zone to Build a New Bottom Line

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. This piece features John Vella, chief revenue officer of Altisource Portfolio Solutions, discussing how the residential property market is recovering–but at the same time, it’s experiencing a shrinking pool of the refinancing and distressed opportunities.

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