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Two Industry Thought Leaders Sign On With RECOVCO

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Company Names New EVP, Originations and New EVP, Servicing Solutions

NEW YORK, May 16, 2014 /PRNewswire/ -- National due diligence firm, mortgage quality control and valuation service provider RECOVCO today announced two appointments to its executive team in newly created roles.  Mikki Ryerson joins as EVP, origination services and Leo J. Esposito has signed on as the company's EVP, servicing solutions.  Together they bring nearly four decades of experience and proven track record to the company.

Ryerson will lead the company's National Origination Operations to further grow its Due Diligence, Pre and Post Funding Quality Control, and Origination Fulfillment practices.  Esposito will enhance the company's Component Servicing, QC & Compliance, Loss Mitigation and Asset Management services to support client needs and challenges.

"RECOVCO's strong growth trajectory is founded on deep understanding of our business partners need for access to proven products and services that allow them to be more profitable via a variable cost model," said the company's chief executive, Randy Lightbody. "Mikki and Leo have demonstrated tremendous success in identifying, addressing and executing on those needs throughout their careers. Each will play a pivotal role in managing our growth initiatives and projects as we maximize our resources."

As a founding employee at Digital Risk, Ryerson was instrumental in building the infrastructure that enabled the smooth and compliant delivery of the company's products and services.   

Over the last seven years, Esposito served as SVP, loss mitigation at ServiceLink where he built and grew the servicing business to great success, while heading the development and deployment of custom solutions to help servicers scale to meet unprecedented loss mitigation challenges.

RECOVCO, headquartered in East Meadow, NY and with offices in Irving, TX, Orlando, FL and Las Vegas, NV, Recovco touches over 10,000 files per month, providing servicing solutions, valuations, quality control, due diligence, underwriting, fulfillment, and auditing services that banks, mortgage companies and insurance companies use to ensure the loans of today and the past are pristine and free of possible repurchase issues and in compliance with all the new laws and regulations.  

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