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Irvine-Thompson National Properties said that Greg Genovese has joined the company as president of the securities division.

Previously, Mr. Genovese was responsible for raising capital for REIT LLC and 1031 TIC offerings as senior vice president of Western markets for Grubb & Ellis Securities Inc., formerly NNN Capital Corp.

Prior to joining Grubb & Ellis, he held sales, marketing and management positions at Bear Stearns & Co., Cowen & Co. and Wells Real Estate Funds.

Thompson National Properties also said that Wendy Worcester has joined the company as chief administrative officer.

In this position, Ms. Worcester is responsible for administrative management including finance, accounting, human resources, investor relations and general office functions.

Irvine-Real Estate Disposition Corp. named Chris Alcedo as vice president in the client management division.

Mr. Alcedo was most recently with EMC Mortgage management and disposition where Corp. as the senior vice president of REO he spent 15 years managing and growing the REO department's portfolio.

Prior to his tenure with EMC Mortgage Corp., he was with PHH Homequity Relocation where he spent eight years working as a client inventory manager overseeing the management and liquidation client real estate portfolios.

San Diego-National Asset Direct, a purchaser of distressed residential assets and loans, added Ray Schalk, Melissa Dant and Jill Parker, all formerly of Accredited Home Lenders, to its senior management team.

Mr. Schalk joined NAD's whole loan trading team from Accredited, where he sold loans and participated in the securitization of subprime and alt-A loans for the capital markets group.

At Accredited, Ms. Dant specialized in secondary markets, whole loan trading, warehouse financing and securitizations in the United States and Canada from both a business and legal perspective.

Prior to joining NAD, Ms. Parker managed the project office for Accredited and led several large-scale software development/integration projects.

Santa Ana-First American Title Insurance Co., a wholly owned subsidiary of First American Title Insurance Co., said that Larry Buster will now oversee all title and escrow operations in both Orange and San Diego counties.

Mr. Buster's tenure with First American began nearly 30 years ago when he was hired as a law clerk in the company's Santa Ana office.

He was named assistant counsel in 1980 shortly after passing the California State Bar, then regional counsel in 1982, and four years later was promoted to regional counsel-manager of title operations.

Santa Ana-Grubb & Ellis Co. said that Glen Esnard, former president of Brokerage Services at Colliers International, has been named president, capital markets.

Most recently, Mr. Esnard was president, brokerage services at Colliers International, where he led the firm's U.S. brokerage operations.

Previously, he was a partner at FORT Properties Inc. and one of five principals responsible for the development of the tenant-in-common firm.


Chicago-Solidifi Inc., a technology-based provider of collateral valuation and risk management services, appointed Michael Johnston as advisory board chairman and Ivan Wahl as a member of the advisory board.

Mr. Johnston and Mr. Wahl join existing members Yousry Bissada and John Bordignon on Solidifi's advisory board.

Mr. Johnston is the founder and former chairman and chief executive officer of Merrill Lynch Credit Corp.

He has over 35 years of experience in the financial services industry including serving as chairman and chief executive officer of both Lender's Service Inc. and Basis100 Inc.

Mr. Wahl has 30 years of experience in the residential mortgage business and is currently chairman and chief executive officer of Xceed Mortgage Corp.

He founded FirstLine Trust Co. and served as its chairman and chief executive officer.

Glencoe-Default Servicing Technologies has named Steve Campbell as its chief administration officer.

He brings over 25 years of experience in human resources and business management to DST.

Prior to becoming DST's chief administration officer, Mr. Campbell was a principal and global talent leader for Hewitt Consulting and prior to Hewitt worked for McKinsey & Co. and Arthur Andersen.

Westmont-1st Reverse Financial Services LLC, a subsidiary of Wilmington Savings Fund Society FSB, added Dennis Thomas to the senior management team as the company's new chief financial officer.

Mr. Thomas brings over 30 years of experience to 1st Reverse team and previously served as director of internal audit for the Federal Home Loan Bank of Chicago.

Prior to this, he served as the regional accountant for the Office of Thrift Supervision and has spent time working with the Internal Revenue Service.


Las Vegas-The Atalon Group has named Robert M. La Forgia as principal in the national real estate operational turnaround and corporate recovery management firm.

Mr. La Forgia was formerly executive vice president and chief financial officer of Hilton Hotels Corp., a position he held for four years before joining The Atalon Group.

As CFO of Hilton Hotels Corp., he was responsible for all of the financial activities of the company including M&A, project finance, feasibility and investment analysis, risk management, tax, treasury, asset management, accounting, budgeting, financial reporting, investor relations and audit.

Prior to his appointment as CFO, he served as senior vice president and controller of Hilton Hotels.


Bloomfield Hills-Susan G. Kowal joined Plunkett Cooney as the newest member of the firm's banking, bankruptcy and creditors' rights practice group.

Ms. Kowal will focus her practice in the areas of loan workouts, documentation and foreclosures, as well as related litigation.

Her previous work experience includes real property law, commercial litigation, corporate and banking law, foreclosures, appointment of receivers, rent assignments, loan guaranties and restructuring, and deed-in-lieu of foreclosure arrangements.


New York-GMAC Financial Services has named Rajinder Singh to the newly created role of chief credit risk officer.

Mr. Singh joins GMAC from Genpact, where he served as the head of global analytics services.

He also spent four years at GE where he was the chief risk officer for GE Money Americas, head of risk management and decision sciences, and an officer of GE Capital, and led risk management at U.S. Bancorp. (c) 2008 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com/ http://www.sourcemedia.com/

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