On Thursday ""LCS Financial Services Corporation"":http://www.lcsfin.com/ released a statement signaling that it hired Mike Sullivan to take over as SVP, representing a leap in the right direction for the former senior executive.
[IMAGE]""Mike's contributions to previous organizations and the industry are very impressive. His commitment to break-through levels of performance and customer service will help ""LCS Financial"":http://www.lcsfin.com/ grow and achieve its objective to become the premier receivables management company in the mortgage banking industry,"" said Leo Stawiarski, president and CEO of ""LCS Financial"":http://www.lcsfin.com/.
According to the statement, Sullivan joins ""LCS Financial"":http://www.lcsfin.com/ with more than 25 years of credible mortgage servicing and real estate experience.
[COLUMN_BREAK]He previously led high-level operations at ""Community Federal Savings and Loan"":http://communityfederalsavingsbank.com/loans.asp, First Nationwide Bank, ""Prudential Home Mortgage/Norwest Mortgage"":http://www3.prudential.com/businesscenter/realestate/pmcc/home/welcome.shtml, and more recently Moss Codilis, where he served as CEO for default servicing solutions and claims recovery services at the company. He holds degrees from Fontbonne University and Benedictine College.
Sullivan also previously assisted with the creation of several servicing technology programs focused on loss mitigation models, compliance oversight tools, and an array of document management services.
""Leo Stawiarski and his operational team have built a compliance-based, customer-focused business which applies sophisticated modeling and behavioral scoring tools that will revolutionize recoveries,"" said Mr. Sullivan.""I am excited to join ""LCS Financial"":http://www.lcsfin.com/ and its affiliated companies which are uniquely positioned to help financial institutions emerge from the mortgage crisis.
""The coordination of collection, legal and servicing disciplines in one integrated business model provides the opportunity for the ""LCS"":http://www.lcsfin.com/ companies to be an industry leader for years to come,"" he added.
According to its Web site, ""LCS Financial"":http://www.lcsfin.com/ is an affiliate of LCS Receivables Management, LLC, providing post charge-off recoveries, loan servicing options, and collection services.