Loan Value Group Hires CFO, General Counsel

Loan Value Group LLC has hired an executive from an institutional asset management firm as its chief financial officer and general counsel.

Louis J. Petriello, who had been CFO/general counsel for Logan Circle Partners LP, will work with LVG's management to implement its Responsible Homeowner Reward program.

RHR makes cash payments to certain borrowers with negative equity if they remain current on their mortgages.