Gerald B. Alt is the President of LOGS Network. He manages the national operations division of LOGS and is also a partner in the firm of Shapiro Brown & Alt, LLP in Virginia and Maryland. Mr. Alt has been with LOGS since 1988. A licensed attorney, he has significant experience in handling complex real estate and title matters, having handled or supervised tens of thousands of residential foreclosures in private practice. He has a broad bankruptcy background, as well, having represented lenders, bankruptcy trustees, creditor committees, and other creditors in Chapter 7, 11, 12, and 13 bankruptcy cases. His practice included: residential and commercial evictions; land contracts; eminent domain; boundary disputes; title and survey cases affecting residential and commercial real estate; and commercial litigation at the state, U.S. District Court and U. S. Circuit Court of Appeals appellate level.
From March 1993 until mid-1996, Mr. Alt served as Director of Legal Services for the HUD Section 312 servicer. He worked closely with members of HUDís Washington staff , and he coordinated field counsel from that servicerís offices in Rosslyn, Virginia. His experience in that position included dealing with congressional inquiries. In 2007 he created HEART Financial Services, which was a key participant in the loan modification programs under HAMP and assisted in over 350,000 successful loan modifications under that and other servicer loss mitigation efforts.
Mr. Alt is also experienced in and plays a critical role in the development of various proprietary technical and software systems that have been released by LOGS. He is an acknowledged expert on default management and asset recovery risks, and he is a frequent speaker at industry conferences.