SHELTON, Conn., Nov. 23, 2015 /PRNewswire/ -- Clayton Holdings LLC, a leading provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, announced today that Mark Hughes has joined the company as executive vice president of sales and marketing.
In this position, Hughes will be responsible for the sales, business development and marketing for Clayton and its subsidiaries: Green River Capital, Red Bell Real Estate, ValuAmerica and Clayton Euro Risk.
Hughes brings more than 25 years of operational and business development experience in the due diligence and financial services sectors. Most recently, he was president of LenderLive's due diligence division, which provides a broad range of diligence and underwriting services to lenders and investors. Prior to joining LenderLive, Hughes was vice president of due diligence solutions at CoreLogic. Earlier in his career, he spent nine years with the Bohan Group ultimately serving as president and chief operating officer. He also was a vice president at Salomon Brothers (now Citigroup).
"Mark's dynamic background—with deep experience on both the sales and operational sides of the business—make him a fantastic fit to lead Clayton's sales and marketing efforts," said Joseph D'Urso, president of Clayton. "He has an excellent reputation within the securities and lending communities and is recognized as a thought leader in due diligence and private-label securitization."
Hughes, who is active in the Structure Finance Industry Group's RMBS 3.0 working group, has been a frequent speaker at asset securitization conferences and has published articles and blogs on securitization issues. He earned a Bachelor of Science degree in business administration and accounting from Fordham University in New York City.
About Clayton Holdings LLC
Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN), provides risk-based analytics, residential loan due diligence, consulting, surveillance and staffing solutions. The company's subsidiaries include: Green River Capital, customized REO asset management and single-family rental services; Red Bell Real Estate, advanced AVMs, BPOs and technology to acquire and track performance of loan portfolios and NPLs; ValuAmerica, national title and appraisal management company and vendor management technology provider; and Clayton Euro Risk, global services. For more information, call 877.291.5301 or visit www.clayton.com.
SOURCE Clayton Holdings LLC