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LTVtrade Appoints New Member for Board of Advisors

The chairman and CEO of ""ION Financial, Inc.""http://www.iontrading.com/, John D. Koch, has a new title to boast about, having been named to the advisory board of ""LTVtrade"":http://www.ltvtrade.com/.

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The company announced Koch's appointment in preparation for the upcoming launch of a new trading initiative for LTVtrade Marketplace.

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In addition to his current leadership role for ION, Koch is the former executive vice president and chief lending officer for ""Charter One Bank"":www.charterone.com/. His decision to join LTVtrade's board of advisors follows the company's move to roll out residential whole loan mortgage and residential real estate owned trading.

""LTVtrade is honored to add John Koch to our Board of Advisors,"" said Dean DiCarlo, president and founder of LTVtrade. ""John has deep expertise in the mortgage banking and asset management arenas and in operating environments from entrepreneurial start-ups to large institutions such as Charter One Bank. His unique blend of expertise and experience will help guide LTVtrade's product and market development.""

Koch commented on his advisory position, noting, ""LTVtrade's long term vision is to provide a neutral, centralized platform to connect small and large mortgage lenders with whole loan investors in a performing loan market and this should greatly help the housing market as there are many credit-worthy borrowers today which do not fit Fannie Mae or Freddie Mac guidelines ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô yet it's impossible for investors to efficiently access them on any scale.""

About Author: Abby Gregory

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