Gere to Expand Clayton's Business Development Capabilities with Commercial Banks and Mortgage Banking Companies

SHELTON, Conn., Nov. 3 /PRNewswire/ -- Clayton Holdings LLC, a leader in providing customized risk analysis, loss mitigation, operational solutions and staffing services to the mortgage industry, announced today that Thomas Gere has joined the company as Senior Managing Director.

Gere, who held senior sales positions at Lehman Brothers and Cohane Rafferty in the fixed-income and whole-loan channels, will be responsible for expanding Clayton's relationships with commercial banks, thrifts and mortgage banks. His areas of focus will be business development and promotion of Clayton's core products which include Commercial and Residential Due Diligence, Surveillance and Asset Pricing. He will report to Tom Donatacci, executive vice president for Sales and Marketing.

"As the economy recovers and the mortgage and secondary markets begins to regain traction, financial institutions will be looking for reliable, scalable partners, like Clayton, who can deliver value added, quality outsourced information and services that are necessary to regain investor confidence," said Paul Bossidy, Clayton's chief executive officer, "Similarly, lenders and servicers will require infrastructure, expertise and on-demand staffing to keep up with the demand for both origination and loss mitigation services. Tom brings Clayton outstanding domain expertise and market knowledge gained from his over 25-year record of effectively solving client business challenges.

"Clayton is well positioned to serve financial institutions as the mortgage and securitization markets recover. The company continues to invest in the systems and people that will be necessary to deliver best in class solutions in these evolving markets. "I'm excited to be a part of this effort," said Gere.

About Clayton Holdings LLC

Clayton Holdings LLC headquartered in Shelton, Connecticut, is a leading provider of customized risk analysis, loss mitigation and operational solutions that support the mortgage industry. Clayton's services encompass analytics, residential and commercial loan due diligence, consulting, credit risk management and surveillance, independent pricing, specialized loan servicing, and staffing solutions. Clayton provides transparency, independence, expertise and quality resources to leading investment & commercial banks, institutional investors, government agencies and service providers internationally. Additional information is available at www.clayton.com.

SOURCE Clayton Holdings LLC

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