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John Vella

COO of Equator

John Vella is COO of Equator. He joined Equator in April 2010 and is responsible for implementing the company’s growth strategy. Currently, Vella is leading the efforts to further expand the scope of the company’s EQ Workstation, a fully automated online system that provides financial institutions with tools for managing default servicing, and the EQ Marketplace, which acts as an ecommerce forum connecting financial institutions with loan servicers, servicing vendors and real estate agents. Vella has more than 27 years of experience in the mortgage industry. Prior to joining Equator, he was the executive vice president responsible for special servicing for GMAC/Rescap. Previously, he held roles as president and chief executive officer of EMC Mortgage (a subsidiary of JPMorgan Chase); CEO of Household Automotive; Chief Administrative Officer of Option One Mortgage and director at Freddie Mac and FDIC. Vella represents Equator as a panel participant or guest speaker at multiple industry tradeshows throughout the year. He is a graduate of Springfield College in Massachusetts as well as of the American Bankers Association and FDIC Credit School.

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The Case for a ‘New Normal’ in REO Invoicing
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