Loan Value Group Names a Chairman and a Managing Partner

Loan Value Group LLC, Rumson, N.J., has named a chairman and, separately, a managing partner. Richard Santulli, former founder and chairman/chief executive officer of Woodbridge, NJ.-based fractional aircraft ownership firm NetJets Inc., has joined the company's board as chairman. In addition, Michael Goodman, former CEO of structured settlement and annuity payments purchaser J.G. Wentworth and founding partner of Corridor Quadrant, has joined the board through CQ's ownership position in the company. Mr. Goodman also has been named managing partner at LVG. LVG is working with owners of mortgage risk and servicers to influence consumer behavior to help reduce the risk of borrowers choosing to default on their loans because of negative equity.