Prieston Adds Veteran Mortgage Banker

Veteran mortgage banker Jon Daurio, a co-founder of Encore Credit Corp., has been added to the staff of The Prieston Group, San Rafael, Calif., which offers fraud protection, mitigation, and indemnification services.Mr. Daurio will focus on institutional sales, strategic enterprise planning, and acting as liaison to Prieston's affiliated legal group, the risk management consulting company said. He served in various executive roles at Encore, a wholesale residential mortgage banker, and its parent company, ECC Capital Corp. Mr. Daurio was previously a co-founder of Park Place Capital Corp., a special services company that included a scratch-and-dent business; president and chief executive officer of Loan Funding Corp. of America, a residential mortgage banker; co-founder of Financing USA, the consumer direct-lending division of Long Beach Mortgage Co.; and senior vice president and corporate counsel at Long Beach Mortgage. Prieston can be found online at http://www.priestongroup.com.