Randy Lightbody Joins Digital Risk as Executive Vice President, Sales and Strategy

MAITLAND, Fla., Dec. 7, 2011 /PRNewswire/ -- Randy Lightbody has joined Digital Risk as Executive Vice President, Sales and Strategy. Randy brings to Digital Risk more than 25 years of proven success in all phases of sales and operational leadership as well as disciplined change management.

Randy has joined Digital Risk's executive team to continue Digital Risk's explosive growth by leveraging Digital Risk's brand as the nation's leading and largest risk management and compliance solutions provider. Investors, banks, servicers and GSEs depend on our 1,200 professionals to deliver mission critical risk management and compliance solutions on $8 billion in loans each month and $125 billion over the last three years. Mr. Lightbody's initial focus will be on helping servicers and originators work through the overwhelming list of challenges they face.

"We are extremely excited to have Randy join our executive leadership team," said Peter Kassabov, Digital Risk's CEO. "Given Randy's perspectives as both a mortgage banker and vendor, he will be able to help guide and shape the future growth of our firm." Randy adds executive level experience to Digital Risk from his national leadership roles at companies such as Morgan Stanley, Bank One, Royal Bank of Canada, Bank of America and Countrywide. In addition, he has had senior roles at PMI Mortgage Insurance, and most recently, Fidelity's ServiceLink where he led enterprise sales efforts for all of ServiceLink's brands, products and services.

Already the nation's largest risk management and compliance solutions provider, Digital Risk's business model is expanding into the management of transactions on behalf of originators, investors and servicers. Jeffrey Taylor, Chief Business Development Officer, Digital Risk, commented, "With compliance dominating every aspect of the mortgage business and our ability to cost effectively deal with regulatory requirements, we are seeing increased demand for our transaction management services. Adding Randy to our team accelerates our ability to capitalize on these opportunities."

Alex Santos, President, added, "Digital Risk's track record of doing the right things right for our clients, positions us optimally to serve the mortgage finance market of today and tomorrow. Randy thinks like a mortgage banker enhancing our ability to expose the most relevant solutions to the market faster."

Randy is a Rollins College graduate with a B.A. degree in Economics.

Digital Risk, LLC is the leading provider of mortgage risk and compliance management solutions. We provide buyers and sellers of mortgages and mortgage backed securities the analytical, technological and risk management services they need to generate alpha. Digital Risk's platform delivers transparency at the loan level and precise risk assessment throughout the entire mortgage value chain. With over 1,200 professionals, the Company is privileged to serve the nation's leading servicers, originators, aggregators and investors. Digital Risk is independent and not affiliated with an Originator, Issuer, Servicer or Investor.

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CONTACT:  Mark Benner, +1-407-215-2945, [email protected]

SOURCE Digital Risk, LLC