SALT LAKE CITY, Sept. 10 /PRNewswire/ -- Select Portfolio Servicing, Inc. (SPS) announced today that current president, Matt L. Hollingsworth has been named chief executive officer. Hollingsworth succeeds James H. Ozanne who has been appointed non-executive chairman of the board of SPS. "Matt brings more than 18 years of mortgage industry and leadership experience to SPS," said Ozanne. "In the more than 18 months that Matt has been with SPS, we have worked together to ensure that we were fully implementing and continually improving our responsiveness to consumers, and providing strong servicing metrics. I expect this to be a very smooth transition." Hollingsworth joined SPS at the end of 2002. Prior to joining the company, Hollingsworth was in charge of U.S. Branch Operations for Associates First Capital Corporation. Before that, Hollingsworth was senior executive officer responsible for Finance Company Operations of NationsBank. About Select Portfolio Servicing Select Portfolio Servicing is a leading nonprime residential mortgage loan servicer headquartered in Salt Lake City with facilities in Jacksonville, FL. It services approximately 350,000 non-prime residential mortgage loans. Over a 12-month period, SPS implemented leading-edge practices that set the standard in the industry for customer responsiveness while helping to responsibly manage the risk of the non-prime residential loan market. For more information about Select Portfolio Servicing, visit the company's Web site at http://www.spservicing.com.
SOURCE Select Portfolio Servicing, Inc.