"It's exciting to be part of a company on such a positive trajectory," said Calandra. "Selene's strong performance and reputation in the industry speaks volumes and I'm looking forward to helping the company grow."
Calandra joins Selene from Specialized Loan Servicing, where he was senior vice president, business development, and managed third party servicing relationships for the firm. Throughout his career, he has held leadership roles at companies such as The Winter Group, Morgan Stanley, and Nomura Securities.
Selene Finance uses proprietary technology combined with unmatched customer service to propose flexible and creative servicing strategies to address the different needs of nonperforming, re-performing, REO, and performing loans. Selene is able to service in all 50 states and has approval to service Fannie Mae, Freddie Mac, Ginnie Mae, HUD, and Federal Home Loan Bank loans.
About Selene Finance:
Selene Finance (www.selenefinance.com) was founded in 2007 and is a trusted name in the specialty servicing business. Selene is owned indirectly by investment funds managed by two respected names in the investment management industry — Oaktree Capital Management, L.P. and Ranieri Partners Management. Selene is one of only two servicers in the country selected to be a Ginnie Mae Single Family Master Sub-servicer. Selene has more than 500 employees at locations in Houston, TX; Jacksonville, FL; and Horsham, PA.
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SOURCE Selene Finance