Oringer’s extensive experience will support Selene’s REO business growth
Horsham, PA – Selene Finance is pleased to announce that Mitch Oringer has joined the firm as Senior Vice President, REO and Valuations.
“Mitch’s extensive experience will not only bring a fresh outlook and strategy for our growing REO business, but skilled leadership to foster the talented team we have here,” said Diane Bowser, executive vice president, special servicing.
“Selene is well-regarded in the industry and has a strong foundation of success in the REO space,” said Oringer. “I’m excited to hit the ground running and further strengthen the relationship between the company and its clients.”
Oringer brings key knowledge to the role, having experience in the acquisition, oversight, and servicing of non-performing loans with an emphasis on REO disposition, portfolio management, loss mitigation, and call center outreach. He joins Selene most recently from Auction.com, where he was vice president of residential operations and responsible for increasing the bidding activity leading to the sale of REO properties on the website. Throughout his career, he has held leadership roles at companies such as Shelving Rock Partners, The National Group and GMAC Rescap.
Selene Finance uses proprietary technology combined with unmatched customer service to propose flexible and creative servicing strategies to address the different needs of nonperforming, re-performing, REO, and performing loans. Selene is able to service in all 50 states and has approval to service Fannie Mae, Freddie Mac, Ginnie Mae, HUD, and Federal Home Loan Bank loans.