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Default Service Provider Hiring 100

Loan Resolution responding to HAFA

March 12, 2010

By MortgageDaily.com staff


Rapid growth at an Arizona firm has created 100 job openings. The default service provider said its success is tied to the government's new program that provides incentives for mortgage servicers to utilize short sales.

In a news release today, Loan Resolution Corp. said it plans to hire 100 new employees this month. The jobs being filled include executive-level and entry-level positions.

The hirings will bring headcount to 170.

Among Loan Resolution's executive openings is a job as a senior vice-president of default. Entry-level opportunities include solutions specialists, processors and asset managers.


The employees will be housed at a new 30,000-square-foot headquarters facility in Scottsdale, Ariz.

Loan Resolution said it has seen "unprecedented growth" as a result of the Home Affordable Foreclosure Alternatives -- which has boosted demand for short sales and deeds-in-lieu. HAFA will be implemented on April 5 and provides incentives to servicers that utilize alternatives to the foreclosure process.

The default service provider's clients reportedly include "multiple top-five servicers."

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