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LRES Names VP of Homeowner Association Services

damon paxson [1]

Damon Paxson

LRES Corp. [2], a national REO and appraisal management company offering property valuations, asset management, HOA, and technology solutions for the mortgage industry, recently announced Damon Paxson has been named as its VP of Homeowner Association (HOA) Services.

In this role, Paxson will be responsible for managing all LRES HOA-related products and functions. Included functions are HOA indentation, HOA monitoring, HOA estoppel services, HOA negotiation services, payment of arrears, and monthly payment services. He will also lead the implementation of operational strategies, objectives, processes, and efficiencies within the department.

Prior to LRES, Paxson served as SVP of operations at Bank of America, where he supervised up to eight sites and 13 unit managers. Paxson also served as SVP for a diversified mortgage services company, where he managed all operational staff used to support multiple client needs for outsourcing or staff augmentation.

“Damon’s impressive background and past responsibilities further strengthen LRES’ HOA department as he monitors and manages the flow of HOAs and deadlines; ensures adherence to all specific state, local and county ordinance requirements; and mobilizes our HOA team to grow,” said Roger Beane, CEO of LRES.