Mortgage lender LRES has promoted Molly Merchant to senior director of REO asset management.
Merchant brings more than 20 years of experience in the real estate and mortgage services industry. As senior director, Merchant will be responsible for expanding the company’s REO division and diversifying its current disposition and marketing analysis services in that area. She currently oversees operations for both REO asset management and HOA units.
“I truly appreciate the recognition for my hard work as well as for the opportunity to lead the REO and HOA divisions as senior director. My team continues to produce strong numbers and remains focused on providing best-in-class customer service. It is a privilege to work for LRES, and I look forward to continuing to work closely with my team to execute the organization’s strategic goals,” said Merchant.