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This content is a press release from our partner BusinessWire. The AP newsroom and editorial departments were not involved in its creation.

LRES Promotes Audrey Clearwater to Senior Vice President of Operations

December 19, 2018

ORANGE, Calif.--(BUSINESS WIRE)--Dec 19, 2018--LRES, a national residential and commercial mortgage services company providing valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, announced the promotion of Audrey Clearwater to Senior Vice President of Operations.

Clearwater currently oversees commercial and residential evaluation operations for LRES Corporation. As Senior Vice President, Clearwater will be focused on expanding the company’s commercial and residential evaluation division and diversifying the company’s current product offerings.

With over 15 years of experience in the real estate and mortgage services industry, Clearwater continues to deliver excellent results for the organization, and has received multiple internal LRES awards which highlight her success and expertise within the company. Clearwater served as a principle speaker for the Society of Chief Appraisers (SCA) throughout 2018, explaining the changes and trends occurring in the commercial real estate marketplace. Clearwater has also been featured in many of today’s leading industry publications, including a recently featured article in Mortgage Bankers Association where she provides thought leadership on the disruptions in the marketplace related to residential and commercial valuations. Above all else, Clearwater plays an essential role in growing the company’s business and market share, earning her this senior-level promotion.

“ I am honored to receive the opportunity to serve as one of LRES’ Senior Vice Presidents and to further progress positive change within the valuations industry. I am humbled by Roger Beane and Mark Johnson’s decision, placing faith in my ability to manage the company’s commercial and residential evaluation operations. I look forward to continuing to work closely with my team to execute on the organization’s strategic goals as well as enhancing and expanding LRES’ operations,” said Clearwater.

About LRES

Orange County, Calif.-based LRES is a national residential and commercial mortgage services company providing valuations, REO asset management and HOA solutions for the mortgage and real estate industry. With more than 17 years of continued growth, LRES offers managed business processes for the origination, servicing and default markets. For more information about LRES, visit its website at www.lres.com.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005066/en/

CONTACT: Aaron Roaf

LRES Corp.

714.872.5847

aroaf@lrescorp.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: LRES Corp.

Copyright Business Wire 2018.

PUB: 12/19/2018 08:00 AM/DISC: 12/19/2018 08:01 AM

http://www.businesswire.com/news/home/20181219005066/en