ServiceLink Bolsters Default Group With Hire

October 19, 2009

ServiceLink, Fidelity National Financial’s national lender platform, announced that George Schwartz, former managing director for Bank of America, has been named executive vice president and division president of default services.

Schwartz will direct ServiceLink’s strategy for the company’s default services, including loss mitigation, title, closing and escrow, valuations, and asset management and disposition. Schwartz has more than 25 years experience in the areas of default administration, loss mitigation and mortgage servicing with a strong track record of developing solutions proven to reduce operating cost while maximizing loan value and minimizing risk.

“We’re excited to have George join our leadership team. His years of experience will add tremendous value to both ServiceLink and our customers,” said Jeff Coury, president and CEO of ServiceLink. “We’ve all seen unprecedented changes in the mortgage banking industry; and with the new government programs and the market’s need for complete loss mitigation and default solutions, it couldn’t be a better time for George to join our team.”

Schwartz most recently served at Bank of America as managing director for three corporate subsidiaries (Countrywide Tax Service Corporation, Countrywide Field Service Corporation and Landsafe National Default), as well as the company’s subservicing and acquisition business lines.

Prior to his tenure at Bank of America, Schwartz served as senior vice president, loan administration at Cenlar FSB; director of servicing management at Fannie Mae; and executive vice president of real estate operations at FNRS Financial Corp.

Contact ALTA at 202-296-3671 or [email protected].